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leva [86]
1 year ago
5

The notion that developing countries can catch up or converge with developed countries is one of the key insights of a branch of

economics called?
Business
1 answer:
wariber [46]1 year ago
8 0

The Catch-up  notion that developing countries can catch up or converge with developed countries is one of the key insights of a branch of economics . According to the catch-up effect idea, which is based on the finding that less developed economies grew more quickly than wealthier nations, all economies would eventually converge in terms of per capita income.

Or, to put it another way, the less developed economies will figuratively "catch-up" to the stronger ones. The theory of convergence is another name for the catch-up effect. The Opening up their economics to free trade and building  the social capacities.

To learn more about Catch-up, click here.

brainly.com/question/14895090

#SPJ4

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Kendall Corp. purchased at par value $160,000 of Barker Company's 7% bonds that mature in 10 months. The bonds pay interest semi
lesantik [10]

Answer:

The correct answer is a. Debit Short-Term Investment for $160,000 and Credit Cash for the Same Amount.

Explanation:

Investments in Money Market Instruments, that is those instruments that mature within one year, are classified as Short-term Investments. Whereas, investments for a period of more than one year are termed as Long-term Investments. Since Kenall Corp. purchased bonds that will mature within one year, so such investment shall be classified under the head of Current Assets.

In-case of interest received semi-annually, Cash will be debited and Finance Income will be credited.

If you have any further queries, feel free to contact me.

Thanks.

8 0
3 years ago
Read 2 more answers
Gage buys from fishing guide corporation the exclusive right to sell fishing guide rods and reels in a certain area. their franc
Vinvika [58]
The answer is advertising costs. Advertising fee implies a periodical expense paid by the franchisee to the franchisor for the use caused in corporate promoting. Corporate publicizing costs incorporate promoting and other showcasing programs for the diversified business. 
A class incorporated into money related bookkeeping to speak to costs related to advancing an industry, substance, mark, item name, or particular items or administrations keeping in mind the end goal to animate a want to purchase the element's items or administrations.
5 0
3 years ago
How is having a security system for your home a risk
Iteru [2.4K]
<h2>The security system will alert authorities and deter  criminals, protecting your valuables and property. </h2><h2>The security system will give you peace of mind</h2>

Explanation:

Option 1: We cannot say that every visitor will be a thief or criminal. So a "home security system" is to stay alert from danger

Option 2: Burglars and home security system is to alert authorities and to protect our valuables. But home security system in addition can detect flood, fire, etc.

Option 3: Yes that's true. We feel like there is someone to protect us and our valuables. So it provides peace of mind.

Option 4: Why should we keep the doors unlocked? It will tempt for crime to happen. So this choice is invalid.

5 0
3 years ago
You purchase 4,000 bonds with a par value of $1,000 for $978 each. The bonds have a coupon rate of 7.7 percent paid semiannually
drek231 [11]

Answer:

The amount to be received onthe coupon date is $154000.

The amount to be received at bonds maturity is $4154000.

Explanation:

amount received on the next coupon date = 4000*$1000*7.7%*6/12

                                                                       = $154000

amount to receive when the bonds mature = face value + interest

= 4000*$1000 + $154000

= $4,000,000 + $154000

= $4154000

Therefore, the amount to be received onthe coupon date is      $154000 and the amount to be received at bonds maturity is $4154000.

7 0
3 years ago
Suppose a hypothetical economy is currently in a situation of deficient aggregate demand of $16 billion. Four economists agree t
GarryVolchara [31]

Answer:

Economist A

Government spending multiplier $4billion

Tax multiplier $8billion

Economist B

Government spending multiplier $8billion

Tax multiplier $2billion

Explanation:

Computation for the amount the government would have to increase spending to close the output gap according to each economist's belief

ECONOMIST A

Government spending multiplier=16/4

Government spending multiplier=$4billion

Tax multiplier=16/2

Tax multiplier=$8billion

ECONOMIST B

Government spending multiplier=16/2

Government spending multiplier=$8billion

Tax multiplier=16/8

Tax multiplier=$2billion

Therefore the amount the government would have to increase spending to close the output gap according to each economist's belief are :

ECONOMIST A

Government spending multiplier=$4billion

Tax multiplier=$8billion

ECONOMIST B

Government spending multiplier=$8billion

Tax multiplier=$2billion

5 0
3 years ago
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