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1 year 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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2 years ago

Company AA and Company BB have identical Assets, Revenues and Ebit. They are in the same line of business. Company AA has a Debt

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2 years ago

Knowledge Check 01 Zeta Corporation issues $100,000 of 8% bonds maturing in 10 years on January 1, Year 1, when the market rate

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Answer:

$106,595

Explanation:

Given:

Initial market rate = 9%

Dropped market interest rate, r = 7% per year

= 7% × [6 ÷ 12]

= 3.5% = 0.035

Remaining time, n = 9 years = 18 semi annual periods

Now,

Value of the bond at the retirement

= [ PVAF × Interest payment] + [ PVF × face value]

here,

Present value of annuity factor, PVAF = $\frac{1 -(1+r) ^{-n}}{r}$

PVAF = $\frac{1 -(1+0.035) ^{-18}}{0.035}$

PVAF = 13.189

And,

Interest payment = $100,000 × 8% × [6 ÷ 12 ] [since, 8% bonds]

= $4000

Present value factor = $\frac{1}{1.035^{18}}$

= 0.538

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= [13.189 × $40] + [0.538 × 100,000]

= 52,758.7316 + 53,836.114

= $106,595

Hence,

The correct answer is option $106,595

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3 years ago

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Answer:

The correct answer is letter "B": Joint venture.

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