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 11:40
Jamie is saving for a trip to europe. she has an existing savings account that earns 3 percent annual interest and has a current balance of $4,200. jamie doesn’t want to use her current savings for vacation, so she decides to borrow the $1,600 she needs for travel expenses. she will repay the loan in exactly one year. the annual interest rate is 6 percent. a. if jamie were to withdraw the $1,600 from her savings account to finance the trip, how much interest would she forgo? .b. if jamie borrows the $1,600 how much will she pay in interest? c. how much does the trip cost her if she borrows rather than dip into her savings?
Answers: 1
question
Business, 22.06.2019 16:50
The cost of labor is significantly lower in many countries than in the united states. if you move manufacturing to a facility to a country labeled as part of the axis of evil and a threat to world peace you will increase the net income of your client by $10 million per the facility is located in a country which limits personal freedom and engages in state sponsored terrorism. imagine you are a marketing consultant. (a) what would you tell the executives to do? (b) what are the alternatives? what are your recommendations? why do you recommend this course of action?
Answers: 1
question
Business, 23.06.2019 07:30
The uk economic climate is important for pod point. it is considering two options to reduce the impact of falling uk consumer incomes on sales: 1. focus on selling to foreign countries. or 2. cut costs of production. justify which one of these two options pod point should choose
Answers: 1
question
Business, 23.06.2019 21:00
True or false: suppose that the hypothetical country of paddyland has a chronic scarcity of rice, its staple grain. this implies that if paddyland has a market economy, rice will be available only for a price.
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: 13722367