Other Things Equal,if Mexico Devotes More Resources to Train Its

question 177

Multiple Choice

Other things equal,if Mexico devotes more resources to train its population than Spain,

• A) Mexico will be able to eliminate opportunity cost faster than Spain.
• B) Mexico will be able to eliminate scarcity faster than Spain.
• C) Spain will grow faster than Mexico.
• D) Mexico will have more current consumption than Spain.
• E) Mexico will grow faster than Spain.

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Definitions:

Deferred Revenues

Deferred revenues represent income received by a company for goods or services yet to be delivered or performed, also known as unearned revenue.

Financial Position

This term describes the status of a person's or entity's financial health, determined by their assets, liabilities, and equity.

Assets

Assets held by a business that possess monetary worth and can be transformed into liquid cash.