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4 years ago

Without technological advancement, how can a nation achieve economic growth

2 answers:

5 0

Without technological advancement, a nation achieve economic growth through an increase in supplies of factors of production. Economic growth would be achieved if the factors are available in sufficient quantity and at lower price. This situation sill lead to increase in production. This would increase the supply of a product in the market which will result in economic growth.

mario62 [17]4 years ago

4 0

<span>Any nation can achieve economic growth by increasing the supplies for factors of production even without any technological advancement. These factors of production includes the resources and the services that are used for production like the investments, land, labor and management. If there is a strong establishment of Law in the country that can lead to economic growth as well.</span>

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3 years ago

Imagine you are the owner of a natural gas company. You can either extract as much of the resource as fast as possible or delay

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4 years ago

If a gain of $11,000 is realized in selling (for cash) office equipment having a book value of $55,000, the total amount reporte

RideAnS [48]

Answer:

The answer is B. $66,000

Explanation:

What are the items under investing activities of cash flow? - Sale and purchase of long-term assets or non-current assets. Purchase is an outflow while sale is an inflow.

The book value of the sold equipment was $55,000 and gain was $11,000. Therefore the equipment was sold for:

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Answer:

$3,604

Explanation:

Calculation for what Smith's deferred income tax expense or benefit would be:

Using this formula

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3 years ago

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Answer:

$352,000

Explanation:

The computation is shown below:

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A $129,000 $126,000 $126,000

B $80,000 $72,000 $72,000

C $154,000 $155,000 $154,000

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3 years ago