Open pit mining
<span>Open-pit mining is
a process by which a cut is made on the surface of the earth to form an
open pit from which rocks and minerals (such as gold and coltan) can be
extracted. Open pit mining has the advantages of being economical and less
risky for miners since they are not subject to toxic fumes or working in caves.</span>
The answer to this question is A. Beneficiary
Payer is the person who buy the insurance (not necessarily for themselves only, can be given to their family or friends). Insured can not only be a person, but it also can be an object (such as cars). And the giver is the company who provide the insurance service for the payer.
Answer: The answer is A
Explanation:
The real GDP is used to measure the price of all the goods and services produced in a country in a given period of time. When the economy is below full employment level, it indicate the presence of deflationary gap or recessionary gap in the economy. When the economy is below the full employment the real GDP will be greater but the increase in price level will be smaller the reason been that the increase has no effect on the price level of goods and services.
The deflation means a decrease in the quantity of money in circulation or a fall in prices of goods and services. The increase in the spending on the economy by the government such as the spending on the building of a Navy base or on the spending on transportation and communication would only succeeded in increasing the Real GDP but will have no effect on the price level. When there is a deflationary gap or recessionarygap in the economy, the government of a country may introduce a deflationary policy in order to influence the economy. This is done by credit squeeze, a reduction in government expenditure or a reduction in the total supply of money in the economy
<h3><u>Changes considered to reduce the cost of the project: </u></h3>
Cost Estimates of a Residential Design have the following elements:
1) Quantity Takeoff
2) Labor Hours
3) Labor Rates
4) Material Prices
5) Equipment Costs
6) Subcontractor Quotes
7) Indirect Costs
8) Profit Margin
Quantity Takeoff is the very basic element required in Residential Building. Labor hours and rates depends on the location, work difficulty, market value, and other extrinsic factors. Material prices and Subcontractor Quotes again depends on location, supply and demand. Equipment Costs depends on the location, place of purchase, transportation cost, size of equipment, etc. Indirect costs are overheads for labor and contractors.
As we can check the above elements, we cannot change Quantity takeoff, as no one wants to compromise in the quality. However, we can try to slightly negotiate with Labor rates and Subcontractor Quotes. Again, as mentioned the budget is significantly high, so we need to work on reducing 2 costs, which are Equipment Costs and Material Prices.
The distribution of wealth on Earth is such that the richest 1% are wealthier than the rest of the 99% combined so this is <u>True</u>.
<h3>How is income distributed?</h3>
The top 1% of the human population are so wealthier that they own more than the combined assets of the other 99%.
This was confirmed in 2016 by Oxfam, and the scary part is that this trend is set to continue.
Find out more on income distribution at brainly.com/question/4993794
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