Answer:
You invest your time, energy, and money to make profit. The primary driver of profitability is revenue. The more you grow revenue the more likely you are to grow profits. If you achieve higher levels of revenue and manage costs so they rise at a lower rate, then you maximize profits.
Explanation:
Answer:
TRUE
Explanation:
Purchasing Power Parity (PPP) aims to measure relative cost of living between countries of different currencies. It is a calculation that takes into consideration the same set of products and services and the amount of currency required to purchase them in each country. According to the PPP, two currencies are in equilibrium when a set of goods and services has the same value in two countries, considering the exchange rate between them.
For example, if a big mac that costs $ 2 in the US also costs the same value in another country, that means there is a balance exchange rate between the two countries' economies. The principle surrounding this parity is known as the Single Price Law, which says that the price of identical goods should be the same if considered a totally free trade between countries. Thus, if the pricing law works for two countries, it is possible to find the purchasing power parity exchange rate from the prices charged in each economy.
According to some academics, the Bubonic Plague improved considerably many aspects in Europe. European cities began to improve the health conditions in both the streets and homes. Drainage and sewerage services began to be used in order to prevent future plagues.
The reduction in the population also affected the economy of some European countries in a positive way. The working force was considerably reduced, causing a greater demand for workers and increases in wages. Therefore, the purchasing power of the people increased as well as the standards of living.
The quality of the fields also improved considerably. The decrease in the population reduced the need to cultivate quickly, so the crops had more time to be harvested. Also, with a reduction in the number of people who inhabited the land, there was more space in lands to be cultivated. As a result, the population was able to acquire better-quality products.
Answer:
Explanation:
changes in farming, population growth, and the demand for workers led people to move from farms to cities. Farming machines kept getting more and more advanced causing many farm workers to lose their job, so they move to the city.
Answer:
indulgences
Explanation:
This should be the correct answer. Are you sure two words are required?
