a) As countries' per capita incomes increase, the gap between a PPP measure of their GDP and a measure of that same GDP, using standard exchange rate conversion, becomes smaller, due to their increasingly higher cost of labor. As countries' per capita incomes increase, the gap between a PPP measure of their GDP and a measure of that same GDP, Ob) using standard exchange rate conversion, becomes smaller, due to their increasingly higher cost of capital. As countries' per capita incomes increase, the gap between a PPP measure of their GDP and a measure of that same GDP, c) using standard exchange rate conversion, becomes smaller, due to their increasingly lower cost of labor. As countries' per capita incomes increase, the gap between a PPP measure of their GDP and a measure of that same GDP, O d) using standard exchange rate conversion, becomes larger, due to their increasingly lower cost of labor.

Household spending on education is included in consumption of services. Select one: a. False b. True

9 On O on G Qu O Ins SO so O I Gra E Co E DiaE Co Shtt D m/document/d/1NIbZ8y8Hza_EHeTgoCptFjhxirv5DG8Q/edit icati. H Astronaut Bio's Pt Periodic Table - Pta... G 1.429 kg/m3 to g/. M (no subject) - mori. H Help Last edit was yesterday at 7:24 PM - Calibri BIUA 三===| 三|ニミ▼E▼三 28 4. 2 3 5 O What is a Business? In your own words, explain what a business is? Types of Businesses Explain each of the following types of businesses. Then provide 3 examples of each. • for-profit business • non-profit organization. Product Life Cycle List the 4 stages of the Product Life Cycle. Then explain how a company's sales are doing at each stage (ex. At this stage a company's sales are increasing). Forms of Business Ownership List and explain the 3 forms of business ownership we discussed in Unit 1. Provide 1 advantage and 1 disadvantage for each form of ownership. Supply and Demand Define Supply. Define Demand. How do they interact to determine the market price of a product or service? Needs and Wants…

Give explanation to all options....