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2 years ago

If idle resources are put to use and more output is produced in an economy, there will be:____.

1 answer:

3 0

When idle resources in an economy are then put to use and more output is produced, this leads to economic growth.

<h3>What happens when idle resources are used?</h3>

In order to produce goods and services in a country, there are resources that are needed such as capital, land, and labor.

This means that if there are no resources, there will be no production. When there are idle resources, production could be happening but isn't which is a waste.

When these idle resources are therefore used, there will be increased production in an economy.

Increased production points to economic growth which only happens when production increases in a nation.

In conclusion, idle resources being used will lead to economic growth.

Find out more on economic growth at brainly.com/question/1690575

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Who is responsible for maintaining roads in lynchburg va?

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3 years ago

Which of the following is a good time management technique

Sauron [17]

A. Knowing how to prioritize

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2 years ago

Read 2 more answers

On January 1, 2018, Ogleby Corporation signed a five-year noncancelable lease for equipment. The terms of the lease called for O

Olin [163]

Answer:

With respect to this lease, for 2018 Ogleby should record interest expense of $57,058 and depreciation expense of $107,225. The right answer is c

Explanation:

According to the given data we have the following:

PV of lease=$750,578

Annual payment=$180,000

Rate of interesr=10%

The interest expense would be calculated as follows:

Interest expense = ( PV of lease - Annual payment ) * Rate of interest

Interest expense = ( $750,578 - $180,000 ) * 10%

Interest expense = $57,058

Therefore, With respect to this lease, for 2018 Ogleby should record interest expense of $57,058 and depreciation expense of $107,225.

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3 years ago

Following is information on an investment considered by Hudson Co. Assume the investment has a salvage value of $20,000. The com

zalisa [80]

Answer:

net present value is

$228,652.29-$200,000.00

=$28,652.29.

Explanation:

Net cashflows

Year 1= 100000

Year 2= 90000

Year 3= 95000 (75000+ 20000)

Totals= 285000

Present value at 12%

Formula for present value=

1/(1+r)^n

where r= interest rate

n= number of years

Year 1=1/(1+0.12)^1 =0.8929

Year 2=1/(1+0.12)^2= 0.7972

Year 3=1/(1+0.12)^3 =0.7118

Present value of net cash flows =

Present value × net cash flows.

Year 1= 0.8929 × 100000= $89,285.71

Year 2=0.7972 ×90000= $71,747.45

Year 3=0.7118×95000= $67,619.12

Totals = $228,652.29

Amount invested= $(200,000.00)

Net present value (NPV) is referred to as the difference between the present value of cash inflows and the present value of cash outflows over a period of time. Net Present Value is used in capital budgeting and investment planning to analyze the profitability of a projected investment or project.

Therefore, net present value is

$228,652.29-$200,000.00

=$28,652.29.

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3 years ago