subject
Business, 31.12.2019 06:31 Quickshotgirl

Almora, a developing open economy, is experiencing an economic boom since it discovered oil reserves off its coast two years ago. bill hudson, an economist with the finance ministry of almora, said in an interview that the oil boom has improved the average standard of living in the economy. robin peters is an industry analyst who does not agree with hudson's view. in one of his recent articles in the country's leading business daily, robin claimed that the high rate of inflation following the boom has actually weakened the expansionary impact on the economy. which of the following, if true, will support robin's argument? a. employment in the country's oil industry reported an annual growth of 15 percent this year. b. the construction sector has expanded by 20 percent in the last two years. c. almora reduced its petroleum imports this year. d. almora's agriculture and manufacturing sectors have become less competitive in the world market. e. the government of almora is expected to have a budget surplus of $2 billion in the current financial year.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 19:20
Win goods inc. is a large multinational conglomerate. as a single business unit, the company's stock price is estimated to be $200. however, by adding the actual market stock prices of each of its individual business units, the stock price of the company as one unit would be $300. what is win goods experiencing in this scenario? a. diversification discount b. learning-curveeffects c. experience-curveeffects d. economies of scale
Answers: 1
question
Business, 22.06.2019 19:50
The interaction of individual choices because a type of fish is on the verge of extinction, the government imposes rules that prohibit fishing in the publicly owned spawning grounds. at first owners of fshing bouts complain about this restriction on where they can fish, but soon they notice that the number of adult fish swimming outside the protected area is much higher than it was before. with the restriction, each fishing boat ends up catching more fish than it did before the r which of the following principles of economic interaction best describes this scenario? o there is a tradeoff between equality and efficiency o markets usually lead to efficiency. o when markets do not achieve efficiency,government intervention can improve overall welfare o markets allocate goodseffectively
Answers: 1
question
Business, 23.06.2019 00:50
Hubert manages a grocery store in a country experiencing a high rate of inflation. to keep up with inflation, he spends a lot of time every day updating the prices, printing new price tags, and sending out newspaper inserts advertising the new prices. his employees regularly deal with customer annoyance over the frequent price changes. this is an example of the of inflation.
Answers: 2
question
Business, 23.06.2019 02:00
You are considering the purchase of one of two machines used in your manufacturing plant. machine 1 has a life of two years, costs $20,000 initially, and then $4,000 per year in maintenance costs. machine 2 costs $25,000 initially, has a life of three years, and requires $3,500 in annual maintenance costs. either machine must be replaced at the end of its life with an equivalent machine. using eac which is the better machine for the firm
Answers: 1
You know the right answer?
Almora, a developing open economy, is experiencing an economic boom since it discovered oil reserves...
Questions
Questions on the website: 13722361