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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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Service products cannot generally be produced in ________or __________. Services are typically _________________________________
steposvetlana [31]

Answer:

Service products cannot generally be produced in advance or stored.

Services are typically variable, and in almost every service offering, the service cannot start until the customer arrives and actively participates.

Explanation:

Services have distinguishing characteristics that differentiate them  from goods.

To start with, services cannot be produced in advance as production and consumption happen at the same time.

Also,the customer must be present and actively contributes to the delivery of the service, for instance, haircut cannot happen except the customer comes to the salon and obeys the instructions of the barber as they go along.

Besides,there is no physical substance in service unlike purchase of goods.

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3 years ago
How do purchase returns and allowances and purchase discounts affect gross purchases?
Sergeu [11.5K]

Answer:

B. Both are subtracted from purchases.

7 0
3 years ago
The social ethic that prevailed in late nineteenth-century America stressed that
shtirl [24]

Answer:

c. economic success was available to anyone who worked hard.

Explanation:

In the late nineteenth-century (the year subsequent to the civil war 1865 to 1900)

The american society didn't not have a caste or royal society with nobles or lord like English, French or Germans did.

They were all under the impression that the american dream could be ahcieve with hard work besides, pretty much all the people living in the US during that time were inmigrants or sons of inmigrants thus, there wans't an stablished order all was here for the taken.

5 0
3 years ago
Which of the following best describes a summary
ki77a [65]
Depend on what summary you're talking about

in movies, Summary is a brief/short explanation about the movies or account some of the main points of the movie

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7 0
3 years ago
Marcy has an 85% average in the class going into the final exam that is worth 30% of the grade. If Marcy makes a 100% on the fin
vitfil [10]

Answer:

89.5%

Explanation:

If Marcy final exams is worth 30% of the grade, then (100 - 30)% must be for others such as quizzes, assignments, and CA

Her final score therefore = ((85/100) × 70%) + 30% since she made 100% in her final exams = 59.5 % + 30% = 89.5%

6 0
3 years ago
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