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Mama L [17]
3 years ago
14

Name three factors that can contribute to increased productivity in a country?

Business
1 answer:
ale4655 [162]3 years ago
6 0
Natural Resources. The discovery of more natural resources like oil, or mineral deposits may boost economic growth as this shifts or increases the country's Production Possibility Curve. ...
Physical Capital or Infrastructure. ...
Population or Labor. ...
Human Capital. ...
Technology. ...
Law.
You might be interested in
Which of the marks of good leadership do you feel is the most important? (Take your time)
Alinara [238K]

Answer: I would say communication and honesty

Explanation: I pick these to bc if you want something done you have to ask ppl around you if you don't know and being honest is trustworthy jus don't lie all the time ya feel. this is my reasons

7 0
2 years ago
The theory of mercantilism states that a country’s power depends mainly on its wealth. During the Age of Exploration, this meant
aleksklad [387]

Answer:

A positive balance of trade

Explanation:

The theory of mercantilism states that a country’s power depends mainly on its wealth. During the Age of Exploration, this meant that the prosperity of a nation should depend on a large supply of bullion (silver and gold) and a positive balance of trade. A positive balance of trade implies that exports should exceed imports. There were tariffs on imports. This discouraged importation.

Mercantilism was commonly practised in Europe within the 16th to 18th century.

I hope my answer helps you

4 0
3 years ago
Assuming an acid-test ratio of 1.0, how will the purchase of inventory with cash affect the ratio?
docker41 [41]

Answer:

C) Decrease the acid-test ratio

Explanation:

The quick ratio is also called acid test ratio. It is a liquidity ratio that measures level of liquid assets of a business.

That is the amount of cash or near cash assets it has to settle it's current debt.

Mathematically

Quick ratio = (Current assets - Inventory) ÷ Current liabilities

If cash (current asset) is used to buy Inventory. Cash will reduce and inventory will increase.

The value of (Current asset - Inventory) reduces.

As the numerator in the ratio reduces, the quick ratio also reduces.

6 0
3 years ago
On January 1, Jim Shorts Corporation issued $300 million face value bonds for $580 million. During the same year, $1,500,000 of
ankoles [38]

Answer: a deduction from net income of $1,500,000.

Explanation:

Based on the statements provided in the question, it should be noted that Jim Shorts Corporation should report a deduction from net income of $1,500,000 on the statement of cash flows prepared by the indirect method.

It should be noted that the caah flow statement would start the accrual basis of the net income under an indirect method of the cash flow and then, all the non-cash items would either be added or subtracted in order for the reconciliation of account.

8 0
3 years ago
g Sparky Corporation uses the FIFO method of process costing. The following information is available for February in its Molding
FromTheMoon [43]

Answer:

Total equivalent unit of material =   140,000 units

Explanation:

<em>Equivalent units are used to apportion cost between completed units and work in progress. They represent notional whole units which represent incomplete work. </em>

<em>Under the first in first method , to account for completed units during a production period the opening inventory units are assumed to completed first before newly the newly introduced units.</em>

<em>So we can work out the equivalents units as follows:</em>

<em>Fully worked units :These represent units started this period of production and completed in the same period. This is given as 110,000 units</em>

Equivalent units (EU)

<em>Item                           unit          Workings               EU</em>

Opening inventory     25,000     0% × 25,000     =   0

Fully worked            110,000    100% × 110,000 =   110,000

Closing inventory    30,000      100%× 30,000 =   <u>30,000</u>

Total equivalent unit of material                           <u>140,000</u>

<u />

<em>Note that for the opening inventory already 100% material work has been done the preceding period , so there wont be any work left to be done in respect of materials.</em>

5 0
3 years ago
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