All categories

3 years ago

Which of the following factors will increase GDP and also achieve sustained growth?

Business

1 answer:

Salsk061 [2.6K]3 years ago

7 0

Answer:

The correct answer is the letter d. Advances in the technical knowledge used in production.

Explanation:

Technology is an important variable in economic growth models, having a positive effect on the production process. Technological progress occurs when technology increases over time, and its effect is on worker productivity. That is, technological advancement enables work to become more productive, culminating in sustainable per capita gross domestic product growth.

You might be interested in

Bella Bags is a British company that sells luxury leather purses manufactured in London. Currently, its products are carried at

tino4ka555 [31]

Answer:

Explanation:

8 0

3 years ago

Several years ago, Cayuga Capital acquired a $1 million insurance policy on the life of its chief executive officer, naming Cayu

cestrela7 [59]

Answer:

The Journal entry is as follows:

On December 31st, 2021

Cash surrender value A/c Dr. $3,000

Insurance expense A/c Dr. $17,000

To cash A/c $20,000

(To record the payment of the insurance premium)

Working note:

Increase in cash surrender value of the policy:

= $15,000 - $12,000

= $3,000

Insurance expense:

= Annual premiums - Increase in cash surrender value of the policy

= $20,000 - $3,000

= $17,000

4 0

3 years ago

_______________________ managers subscribe to the traditional view of direction and control of subordinates, who they see as ind

Nadya [2.5K]

Answer:

<u>THEORY X</u> managers subscribe to the traditional view of direction and control of subordinates, who they see as indolent and lazy, whereas <u>THEORY Y</u> managers naturally take the opposite view of workers, seeing them as willing and eager to be productive.

Explanation:

Douglas McGregor developed the theory X and Y management models in the late 1950s.

Theory X managers have a fairly negative view of their employees (and probably humanity as a whole), and they consider them lazy, with very little personal ambition and motivation, and that they work only for their paycheck. They believe that strict supervision and a system of rewards and payments is the best management model.

On the other hand, theory Y managers have a much more positive view of their employees (and humanity as a whole), they consider them responsible, capable of making good decisions, are internally motivated to work better, and not just because they want to earn a paycheck. They emphasis on job satisfaction and less supervision.

3 0

3 years ago

f pat and chris each spend half their time on each task then: the outcome will be efficient they will plant more bulbs

12345 [234]

false pat and chris each spend half their time on each task then: the outcome will be efficient they will plant more bulbs

<h3>What is efficient?</h3>

Efficiency is the ability to avoid wasting materials, energy, efforts, money, and time while doing something or producing a desired result. In a broader sense, it is the ability to do things well, successfully, and efficiently.

The work efficiency formula is efficiency = output / input, and the result can be multiplied by 100 to calculate work efficiency as a percentage. This is used in a variety of energy and work measurement methods, such as energy production and machine efficiency.

Business efficiency refers to how much a company or organization can produce given the time, money, and resources available.

To know more about efficient follow the link:

brainly.com/question/26152499

#SPJ4

3 0

2 years ago

The total direct materials purchases of materials A and B (assuming no beginning or ending material inventory) required for July

creativ13 [48]

The total direct materials purchases of materials A and B (assuming no beginning or ending material inventory) required for July production is: 1. $1,080,000 for A; $648,000 for B

<h3>What is inventory?</h3>

Inventory, also known as stock, refers to the goods and materials that a company keeps for the purpose of resale, production, or use. Inventory management is primarily concerned with specifying the shape and placement of stocked goods.

There are four types of inventory: raw materials/components, work in progress (WIP), finished goods, and maintenance and repair (MRO).

Inventory valuation methods include FIFO (First In, First Out), LIFO (Last In, First Out), and WAC (Weighted Average Cost).

Manufacturers have three kinds of inventory. They are raw materials (that have yet to be worked on), work-in-progress (that is currently being worked on), and finished goods (which are ready for shipping).

To know more about inventory follow the link:

brainly.com/question/24868116

#SPJ4

6 0

2 years ago

Which of the following factors will increase GDP and also achieve sustained​ growth?

Which of the following factors will increase GDP and also achieve sustained growth?