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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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photoshop1234 [79]
Bluetooth water bottle that is waterproof, scented nail polish, Bluetooth earrings, floating/hovering backpack, voice command journals/note books that listen to speech and apply the words onto itself, and a shirt that changes color to perfectly adjusts itself to look good on you no matter what your undertone is.

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7 0
2 years ago
Selena seeks a job as a biology technician. In addition to having the educational requirements, she believes her greatest streng
tankabanditka [31]

Answer:

1- A, B and D

Explanation:

An effective biology technician must have a set of analytical skills, attention to detail and critical thinking.

These are the important characteristics for this function, as a biology technician will handle several types of research and experiments, which characterizes that analytical skills will be necessary for data analysis and interpretation of results. Attention to detail is also necessary, as a biology technician will have as one of his activities to prepare biological samples, such as blood and food samples, for laboratory analysis, which requires maximum attention to details so as not to compromise results.

And finally, the critical thinking skills form the set of skills necessary to be a good technician in biology, since critical thinking makes the professional know how to develop a logical thinking, necessary to select the samples used in experiments and other analyzes.

7 0
3 years ago
Abby and jason are building a new house. they obtained a construction loan of $100,000, which will be rolled over into a convent
ivann1987 [24]

Answer:

the initial principal balance is $100,000, but it will gain 2% simple monthly interest during 16 months = $100,000 + ($100,000 x 2% x 16) = $132,000

the mortgage loan's principal = $132,000

APR = 12%

n = 30 years or 360 monthly payments

1) using a loan calculator we can determine that the monthly mortgage payment (only  principal + interest) = $1,357.77

2) since they will make 360 monthly payments, they will pay in total = $1,357.77 x 360 = $488,796.71

in total they will pay $$356,796.71  in interest

3 0
2 years ago
In the private sector, only agricultural workers, domestic workers, and _____ are exempt from taft-hartley or railway labor act
LUCKY_DIMON [66]
<span>The answer is "supervisors and independent contractors." These workers are exempt from the labor law protections because they have more leverage in deciding their working conditions, or in the case of domestic workers, have an occupation that by its nature requires certain hours.</span>
5 0
2 years ago
Read 2 more answers
As of December 31, 2021, Cady Construction has one construction job for which the construction in prog-ress (CIP) account has a
Ierofanga [76]

Answer:

According to "AS 7 - Construction Contracts",Gross amounts receivable / payable from / by customers should be recognized as contract asset / liability in the balance sheet.

For the first job, construction work in progress is greater than the bills raised. Hence there exists contract asset.

Contract asset = Cost incurred - Billing done

= $20,000 - $14,000

= $6,000

For the second job, construction in progress is less than the bills raised. Hence there exists contract liability.

Contract liability = Bills raised - Cost incurred

= $5,000 - $3,000

= $2,000

Hence, Contract asset = $6000 , Contract Liability = $2000

4 0
3 years ago
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