All categories

1 year ago

If an economy maintains a small rate of growth for a long period of time, then the size of the economy?

1 answer:

3 0

An economy maintains a small rate of growth for a long period of time, then the size of the economy: can increase by a large amount.

The real gross domestic product is employed to calculate it (GDP). long growth is delineated as an economy's ability to make additional products and services over time

There are 3 main factors that drive the economic process, Accumulation of capital stock will increase parturient inputs, like employees or hours, worked, and Technological advancement.

Physical capital, human capital, labor, and technology area unit all typically want to model growth in social science. Increasing the quantity or quality of working-age folks, the tools they need at their disposal, and therefore the recipes they need for combining labor, capital, and raw materials can end in higher economic output.

Learn more about economy at

brainly.com/question/1106682

#SPJ4

You might be interested in

When Larry purchased a Jet Ski personal watercraft for $4,999, he was also given free financing and three hours of free lessons

stellarik [79]

Answer:

Value added

Explanation:

Value-added - it is the total difference that comes out between the product value in the market and the cost of producing that product. cost of a product is based on the survey which gives the idea that how much cost may be assigned to the product.

The value of this difference help to determine the profit on products.

Higher the value of add, higher will be the charges of product and higher will be the revenue collected.

4 0

3 years ago

How many kalamata olives come on a whole salad? Enter the exact number.

skelet666 [1.2K]

Answer:7

Explanation:

5 0

2 years ago

Walker Company prepares monthly budgets. The current budget plans for a September ending inventory of 30,000 units. Company poli

densk [106]

Answer:

Merchandise purchases budget explanations only.

Explanation:

Hi, your question has missing information, however i have supplied explanations below.

A purchases budget is required to determine the quantities of purchases required for :

Resale - For Merchandisers
Use in Production in case of Manufacturer

Here is the structure of the merchandise purchases budget for Walker Company (Merchandiser).

Merchandise purchases budget

Month

Budgeted Sales x

Add Budgeted Inventory x

Total Purchases needed x

Less Budgeted Opening Inventory (x)

Budgeted Purchases x

As stated by the question : Company policy is to end each month with merchandise inventory equal to a specified percent of budgeted sales for the following month.

Ending Inventory = Next months` sales x required percentage

Ending Inventory for one month say July becomes Opening Inventory for the following month (August) for our merchandise purchases budget.

5 0

2 years ago

Discussed why present age diseases are different from the pasr

tester [92]

Answer:

in the past we did not have much reshcearch to help figure out what is wrong

now we have the tech to help and we also have vacanation

Explanation:

6 0

2 years ago

Read 2 more answers

Vivian goes to an auction and sees a rare antique lamp that is an identical match to one she already has. At the proper time she

Verdich [7]

Answer:

Most auctions are without reserve and therefore the auctioneer cannot withdraw the lamp.

Explanation:

Every auction seems to be either "of-reserve" versus "without-reserve." So the reaction to whether an auction house manages higher bids depends on that form of bidding being carried out. In an offering with reserves, the auction house may reject a higher offer (retain the privilege to reject ...) in which any better bid should be approved in an offering without deposit.

Put differently, the auction house is not obliged to deliver to the top purchaser in a with reserved sale. Essentially, the next bigger raise reflects the minimum price.

6 0

3 years ago