What is the natural resource problem in DVC?
What will be an ideal response?
Many DVC possess inadequate natural resources. This limited resource base is an obstacle to growth. Also, the agricultural products that DVC typically export are subject to significant price variation on the world market, creating variations in national income.
Economics
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A mandatory tax that both workers and employers in the United States pay to fund Social Security and Medicare is the
A) corporate income tax. B) individual income tax. C) payroll tax. D) excise tax.
Economics
A firm in monopolistic competition
A) has no control over the price of the product it is selling. B) might be selling a brand name product. C) does not advertise nor market its product. D) Both answers A and B are correct. E) Answers A, B, and C are correct.
Economics