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GenaCL600 [577]
3 years ago
7

Access to lifesaving medicine is very limited in parts of Africa; as a result, over 10% of children do not reach the age of five

. What effect would an increase in medical aid to African children have on overall economic growth for the continent?
Business
1 answer:
pentagon [3]3 years ago
8 0

Answer:

Some African countries have mortality rates over 10%. For example, according to the most recent CIA estimates, in countries like Somalia, Central African Republic, Niger and Chad, there are around 90 deaths per 1,000 live births, which is a lot.

This extremely high mortality rate affects economic growth in the long run. First of all, most economists agree that human capital is the most important form of capital, and the one that helps boost economic growth the most.

Every child who dies is potential human capital loss (and a moral tragedy as well).

If medical aid increased in those African countries, and less children died at a young age, those children would help develop the economies. However, education is also needed. If the children survive but are not well-educated, they will not be very productive in the modern economy, which is knowledge-oriented.

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The purpose of the accrual basis of accounting is to:
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The accounting method under which revenues<span> are recognized on the income statement when they are earned.</span>
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2 years ago
Some of the advantages of a functional project where the project is housed in a functional division include which of the followi
Ganezh [65]

Answer:

The correct answer is b. A team member can work on several projects.

Explanation:

Generally, there is a group of personnel who carry out repetitive tasks and can take over their functions without jeopardizing an improvement that is attempted. For this reason, the person in charge of the project can carry out several implementations without jeopardizing the normal development of the tasks, which allows covering broadly several areas and introducing best practices almost at the same time.

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3 years ago
When reviewing the balance sheet for Portable Pet Care, Inc., a mobile small animal care business, Ricky noted the following inf
mash [69]

Answer:

The net worth (owners' equity) for this business is $2.2 million

Explanation:

Net worth: It is also known as owner's equity which is a difference between total assets and total assets.

In this question, we use the accounting equation which is used to balance the debit and credit side of the balance sheet items.

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3 0
3 years ago
Some economists believe that permanently lower marginal income tax rates __________ the incentive to work and thus shift the ___
gtnhenbr [62]

Answer:

The answer is "increase; LRAS curve to the right".

Explanation:

The curve LRAS represents the flow between all the level of wages and economic GDP supplied because all prices are fully flexible, also with nominal salaries; its cost may change all along LRAS, however, the output cannot, as it represents the complete output of workers, that's why the several economists say that lower marginal rate consistently increases the motivation to work, shifting the LRAS curve to the left.

6 0
2 years ago
Hyu Corporation bases its predetermined overhead rate on the estimated labor-hours for the upcoming year. At the beginning of th
Free_Kalibri [48]

Answer:

The predetermined overhead rate for the recently completed year was $25.33

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The formula to compute the predetermined overhead rate is shown below:

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= $1,403,288

Now put these values to the above formula  

So, the rate would equal to

= $1,403,288 ÷ 55,400 hours

= $25.33

8 0
2 years ago
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