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hodyreva [135]
2 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]2 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]2 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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A company uses the percent of sales method to determine its bad debts expense. At the end of the current year, the company's una
ollegr [7]

Answer:

Bad debt expense A/c Dr  $4,900

           To Allowance for doubtful debts  $4,900

(Being bad debt expense is recorded)

Explanation:

The journal entry is shown below;

Bad debt expense A/c Dr  $4,900

           To Allowance for doubtful debts  $4,900

(Being bad debt expense is recorded)

The computation of the bad debt expense is shown below:

= Net Credit sales × estimated percentage given  - credit balance of allowance for doubtful debts

= $920,000 × 0.6%  - $620

= $5,520 - $620

= $4,900

6 0
3 years ago
You are a sales manager for a car dealership who wants to effectively target potential customers. Write a paper that details how
fenix001 [56]

Answer:

answer is given below

Explanation:

  • As sales managers of car dealerships, we need to create a plan to effectively target potential customers.
  • In order to effectively target potential buyers, we need to determine both demographic and behavioral data. With respect to demographics, it is important to have information about age, gender, and income levels so that we can consider former consumer trends. Getting this type of data helps our dealerships identify the consumer trends that best target our marketing campaigns. In addition to this data, monitoring our social media feeds also helps us gain insight into our automakers by providing us with demographics and behaviors.
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4 0
3 years ago
Plutonic Inc. had $400 million in taxable income for the current year. Plutonic also had an increase in deferred tax liabilities
Sergeu [11.5K]

Answer:

Increase of 130 million

Explanation:

In this question, we are looking to evaluate what has happened to change in deferred tax assets. We proceed as follows;

Firstly, we calculate the current tax.

Mathematically = 40% of 400 million = 40/100 * 400 million = 160 million

Now, as we can see in the question, a decrease in deferred tax asset resulted in an increase in tax expense to a tune of $50 million

This brings the total tax expense to 160 million + 50 million = 210 million

We can see from the question that the company has only recognized a tax expense of $80 million.

This means that the change in deferred tax asset was an increase of 210 million- 80 million = $130 million

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Describe circular flow model
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It is something with a circle
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Paraldehyde is an effective cns depressant but is probably not currently used because:
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The reason why paraldehyde is not currently used is because of its side effects or down sides to the patients using it such as it provides a noxious taste that patients dislikes and it was able to provide an odor with the patient’s breath that isn’t pleasant. 

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