Arts

What is the literacy rate of Mexico in 2021?

95.38% Mexico literacy rate for 2017 was 94.97%, a 0.11% increase from 2016. Mexico literacy rate for 2016 was 94.86%, a 0.39% increase from 2015. Mexico ...

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Is Philippines developed or developing country?

The Philippines is primarily considered a newly industrialized country, which has an economy in transition from one based on agriculture to one based more...

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What is the minimum price law?

Minimum price laws prohibit tobacco wholesalers and retailers from selling cigarettes. “below cost,” and define below cost sales as unfair trade practices...

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What caused the German economic miracle?

And less than ten years after the war people already were talking about the German economic miracle. What caused the so-called miracle? The two main facto...

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How do you graph law of diminishing returns?

In the Law of diminishing return graph the units of labour are measured along X-axis while the Total and Marginal production is measured along Y-axis. The...

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What drives producers in a free market economy?

In a free market economy, the law of supply and demand, rather than a central government, regulates production and labor. A purely capitalist economy is a...

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What causes a normal good to increase?

A normal good is a good that experiences an increase in its demand due to a rise in consumers’ income. In other words, if there’s an increase in wages, de...

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Is interest on debentures a factor income?

(v) Yes. interest received is a factor income because debenture is a sort of loan taken by a production unit. Which is not included in estimation of natio...

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Why does water freeze quicker than milk?

Data Analysis. From my data table, It is proven that 2% milk freezes faster than both diet coke and water. I believe this happened because milk is more de...

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What makes Canada a developed country?

Ample resources, minimal public debt and a solid financial system make Canada a paradigm of sound economic practice. All this has helped Canada post the s...

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