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hodyreva [135]
3 years ago
8

If a nation is going to achieve and sustain a high rate of economic growth, it must prohibit low-wage foreign producers from sup

plying goods to the domestic market. have an abundant domestic supply of low cost energy resources. have a mechanism capable of attracting savings and channeling them into wealth-creating projects. impose regulations that will limit the intensity of competition among domestic firms.
Business
2 answers:
MArishka [77]3 years ago
8 0

Answer:

have a mechanism capable of attracting savings and channeling them into wealth-creating projects.

Explanation:

The single most important factor that fosters economic growth is productivity. Increasing productivity refers being able to produce a larger amount of output using the same amount of resources or producing the same amount of output using a lower amount of resources.

Productivity generally increases by investing in labor (e.g. more education, more training, better health care, etc.), by increasing capital (e.g. more factories, equipment, machinery, etc.) or by investing in the research and development of new technologies (e.g. artificial intelligence, automation, etc.). What all of these ways of increasing productivity have in common, is that they require more investments in the economy.

The only way to have more money to invest is to save more. In economics, savings = investments. Money that you do not spend in the present, can be invested so that in the future your wealth increases. The same logic applies to countries, where more investments = higher and more stable long term economic growth.

Anna35 [415]3 years ago
5 0

Answer: The nation must have a mechanism capable of attracting savings and channeling them into wealth-creating projects. Option C.

Explanation: With higher savings in an economy, a country can be involved in financing higher levels of investment that will boost productivity over the longer term.

Starving the economy of savings and investments can lead to future bottlenecks and shortages.

The Harrod-Domar model of economic growth suggests that, the level of savings is a key factor in determining economic growth rates.

What this basically means is that the level of investment in an economy is limited to the level of savings in that economy.

Therefore a country must strive to attract higher savings in order to create projects that will, in return, create wealth for the country.

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. True / False. The hedonic property value method can be used to estimate lost non-use value associated with oil pollution at re
Effectus [21]

Answer:

False.

Explanation:

The hedonic property value method determines the extent that environmental or ecosystem factors affect the price of a home.  This implies that the method cannot be used to estimate lost, non-use value associated with oil pollution at remote, uninhabited locations, as stated in the question.  Since the hedonic property value method is used to estimate the housing prices that reflect the value of local environmental attributes, it is not useful for uninhabited, remote locations and properties.

6 0
3 years ago
"Clauss Company transfers out 14,000 units and has 2,000 units of ending work in process that are 25% complete. Materials are en
diamong [38]

Answer:

a. $112,000

b.    $7,500

Explanation:

(a) transferred out

Units transferred out are 100% complete for both materials and conversion costs, thus multiply the Total Cost per Equivalent units with the number of units transferred.

Cost of units transferred out = $8 × 14,000 units

                                               = $112,000

(b) in ending work in process

Units of ending work in process are 100% complete in terms of materials ( since materials are entered at the beginning of the process) whilst 25% complete in terms on conversion cost (applied uniformly during production).

Cost of ending work in process

Materials ($3 × 2,000 units)                  = $6,000

Conversion ($3 × (2,000 units × 25%)) =  $1,500

Total Cost                                               = $7,500

6 0
3 years ago
What is the dividend on an 8 percent preferred stock that currently sells for $45 and has a face value of $50 per share?
topjm [15]

The dividend of a stock would always depend on the face value of the share. Therefore the dividend is calculated by:

Dividend = (Face Value) * (Interest rate)

Dividend = $50 per share * 0.08

<span>Dividend = $4 per share                                (ANSWER)</span>

7 0
3 years ago
Compute and interpret the contribution margin ratio using the following data: sales, $5,000; total variable cost, $3,000.Interpr
Dmitriy789 [7]

Answer:

0.4 or 40%

Explanation:

The formula for Contribution Margin Ratio is:

[TS - TVC] / TS

Where TS = Total Sales

TVC = Total Variable Cost

Applying the formula,

[5,000 - 3,000] / 5,000  = 2000/5000  = 0.4

Turning this value to a percentage, 0.4 × 100 = 40%

The interpretation of this is that for every item sold, 40% of the sales price is available to cover fixed costs.

Remember: The addition of fixed cost to variable cost = total cost

7 0
2 years ago
IKEA employees are inspired to work hard by an anecdote from their Swedish founder, Ingvar Kamprad, who told how he was berated
MAVERICK [17]

Answer:

Hero

Explanation:

Hero -

It refers to a person can be male as well as a female , who is admired for his or her noble and courageous activity , is referred to as a hero .

Many people makes the hero his or her ideal an tries to follow the lifestyle , character , behavior and nature , and tries to copy him .

Hence , from the given scenario of the question ,

The correct answer is hero .

5 0
3 years ago
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