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galben [10]
3 years ago
13

Without technological advancement, how can a nation achieve economic growth

Business
2 answers:
vovikov84 [41]3 years ago
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]3 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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Sylvestor Systems borrows $107,000 cash on May 15 by signing a 60-day, 6%, $107,000 note.
sladkih [1.3K]

Answer:

14th July

Explanation:

The computation of the maturing date of the note is calculated below:

The Sylvestor Systems borrows the amount of $107,000 on May 15 at a 6% interest rate and the mature days of the note are 60 days  

So, the maturity date would be

= 16 days in May month + 30 days in June month 14 days in July month

Therefore, the note is matured on 14th July

We simply calculated the 60 days from May to July months

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3 years ago
A researcher who is conducting observations to test her own hypothesis may see or pay more attention to behavior that tends to s
siniylev [52]

Answer:

The answer is option C) Sampling Bias

Explanation:

A researcher who is conducting observations to test her own hypothesis may see or pay more attention to behavior that tends to support that hypothesis, so she must guard against observer bias

Observer bias is the tendency to allow how we feel or what we expect influence what we see.

As a researcher conducting observations to test her own hypothesis, it is possible that she may feel or think a certain way that will influence her observation.

knowledge of observation bias and how to guard against it will help her eliminate such error.

8 0
3 years ago
Suppose the price level reflects the number of dollars needed to buy a basket of goods containing one cup of coffee, one donut,
Anettt [7]

Answer:

From year one to year two, there is (Deflation,Inflation) at an annual rate of _12.5____%. In year one, $40.00 will buy ____5____ baskets, and in year two, $40.00 will buy ___5.7 (6)____ baskets. This example illustrates that, as the price level falls, the value of money:_increases___

Explanation:

a) Data and Calculations:

The price of a basket of goods in year one = $8.00

The price of the same basket of goods in year two = $7.00

Difference in price (reduction in price) = $1 ($8 - $7)

Percentage reduction in price = $1/$8 * 100 = 12.5%

With $40/8, 5 baskets were bought

With $40/7, 5.7 baskets will be bought

b) Economists are always wary of prolonged deflation or continuous general falling prices of goods because it depicts an economy that is seriously weakening at its foundation.  As a fallout, companies slow production, reduce output, lay off workers, and reduce salaries (earned income).

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2 years ago
Toyota offers a hybrid version of its popular Highlander mid-sized SUV. The advertising for this car features the positive benef
Vinvika [58]
Your answer would be ( A ) one - sided message
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3 years ago
In its annual income statement, Fox Co. reported income before income taxes of $300,000. Fox estimated that, because of permanen
mezya [45]

Answer:

In total 84,000 income tax will be reported.

Explanation:

taxable income 280,000

tax rate: 30%

tax expense: taxable income  x tax rate:

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The company already expected 50,000 tax income:

income tax expense 50,000 debit

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So it will adjust for the difference: 84,000 - 50,000 = 34,000

income tax expense 34,000 debit

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In total 84,000 income tax will be reported.

5 0
3 years ago
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