Based on the Hockey Stick of Human Prosperity, two changes to economies include:
- Reduction in child mortality.
- Increase in life expectancy.
<h3>What is the Hockey Stick of Human Prosperity?</h3>
- Refers to the fact that since the industrial age, humans have become richer and more prosperous.
- This is in contrast to the time before the industrial age where most people were poor and suffered from diseases.
As a result of the rise in human prosperity, there is less child mortality than before, and people can now live to be significantly older than they used to in the past.
In conclusion, humans are more prosperous now.
Find out more about the Industrial Age at brainly.com/question/13323062.
Answer:
The answer is to assure funding for future assets.
The answer is because of lack of sufficient operating cash flow.
Explanation:
Companies with promising investments opportunity typically have valuable intangible assets whose value would decline sharply if the company would go into financial difficulty, its important for such company to maintain a financial flexibility that comes with a conservative capital structure to assure funding for future assets.
Poor cash flow is when the income cash flow is insufficient to meet the outgoing cash flow needs of a business and this can also lead to inability to raise additional equity force.
Answer:
b. countries can become better off by specializing in what they do best.
Explanation:
Comparative advantage in economics is the ability of an individual or country to produce a specific good or service at a lower opportunity cost better than another individual or country.
The comparative advantage gives a country a stronger sales margin than their competitors as they are able to sell their specific products or render their peculiar services at a lower opportunity cost.
In 1817, David Ricardo who is an english political economist talked about the law of comparative advantage in his book “On the Principles of Political Economy and Taxation."
Also, the principle of comparative advantage asserts that countries can become better off by specializing in what they do best.
This simply means that, any country applying the principle of comparative advantage, would enjoy an increase in output and consequently, a boost in their Gross Domestic Products (GDP).
Answer: $463,067.50
Explanation:
Calculation of single bill payment i.e. Future value
= $250,000 × 5.110505847 - $900 × 905.06551
= $1,277,626.46 - $814,558.96
= $463,067.50
Therefore, the single balloon payment will be $463,067.50
