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Goryan [66]
3 years ago
15

Economic growth is an increase in a nation’s output of goods and services over time. True or False

Business
1 answer:
ICE Princess25 [194]3 years ago
5 0

Answer:

The statement is: True.

Explanation:

Economic growth happens when an economy's market value of goods and services rises in one period compared with another. Economic growth is typically measured by looking into an economy's Gross Domestic Product (GDP). Nonetheless, due to inflation, economists and analysts frequently tend to calculate economic growth through the annual percentage change in real GDP and percentage change in per capita GDP per year.

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In regard to an operating budget identifiable costs may generally include _________.
PSYCHO15rus [73]

Answer:

Explanation:

Identifiable costs by definition are expenses that can be identified directly with a specific facility, activity or function. Operating budgets deal with short term expenses and expenses to be incurred in the next one year. Therefore, in regard to operating budget, identifiable costs may generally include cost of inventory, cost of fixed assets like land and equipment, supporting group and the direct care group wages.

6 0
3 years ago
Although they may be subtle, when considering forces for change, job dissatisfaction, absenteeism, and low productivity represen
Vera_Pavlovna [14]

The factors of absenteeism, low productivity, and job dissatisfaction when considering forces of change are collectively known as A. Human resource concerns.

<h3>What are human resource concerns?</h3>

These are all the related factors that affect the labor and workforce of an organization.

Some examples include job dissatisfaction, and low productivity. There are also issues of absenteeism amongst staff. These factors need to be considered when trying to instill change in the workforce.

In conclusion, option A is correct.

Find out more on human resources at brainly.com/question/10583893.

7 0
2 years ago
Suppose Cook Plus manufactures cast iron skillets. One model is a​ 10-inch skillet that sells for $ 22. Cook Plus projects sales
amid [387]

Answer:

Production budget = 835

Explanation:

<em>T</em><em>he production budgeted for a particular period is the expected units to be produced after adjusting the sales budget figures for opening and closing inventories.  </em>

Production = Sales budget + closing inventory - opening inventory

Inventory at the end of July = 40%×650= 260

Opening inventory = 75

Sales budget = 650

Production budget = 650+ 260  - 75= 835

Production budget = 835

3 0
3 years ago
If a firm's average total cost decreases as the firm increases its output, the firm's marginal cost must be
Arlecino [84]

Answer:

Less than average total Cost

Explanation:

Average total cost can be estimated as

(total fixed cost as well as variable costs )/ ( total units produced). It has a great impact on how a business is going to set up the price of their products. Marginal cost is can be regarded as alteration in total cost as a result of increase in unit of quantity produced. It should be noted that If a firm's average total cost decreases as the firm increases its output, the firm's marginal cost must be Less than the average total cost

8 0
3 years ago
A ________ refers to a line of credit that is guaranteed by the bank
denis-greek [22]

revolving credit agreement

5 0
3 years ago
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