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AVprozaik [17]
4 years ago
5

Identify key components of economic growth

Business
2 answers:
jenyasd209 [6]4 years ago
7 0

Economic growth, as measured by GDP, is driven by two components: population growth and labor productivity. Labor productivity reflects the capacity for increased output from the existing quantity of labor in the economy. Various government agencies and independent analysts produce measures of labor productivity.

Lady bird [3.3K]4 years ago
5 0

The key components are labour productivity and population growth as measured by GDP.Labor productivity measures and shows how much an increase in output has resulted from the current quantity of labor in the economy.For population growth,the higher the population,it is taken to mean presence of labor.However this depends on other factors such as total employment and the type of labor force required.

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select all of the following that are companies that paid dividends for 100 consecutive years. a. bp b. stanley works c. corning
nevsk [136]

The companies that paid dividends for 100 consecutive years is: b. Stanley Works c. Corning Glass Works, d. Pullman, Inc.

<h3>What is dividend?</h3>

Dividend can be defined as the money a company or an organization paid yearly to their shareholders and the money the company paid to their shareholders are  from the profit they make or generated.

Shareholders often invest their money in a business  or buy part of a company shares in which they in turn receive profit from the company they invested their money into.

Stanley Works, Corning Glass Works and Pullman, Inc. are the companies that has been paying dividend to their shareholders 100 consecutive years.

Therefore the companies that paid dividends for 100 consecutive years is: b. Stanley Works c. Corning Glass Works, d. Pullman, Inc.

Learn more about dividend here:brainly.com/question/2960815

brainly.com/question/3161471

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7 0
2 years ago
Kelsey wants to buy some bananas. one grocery store sells them at 2 pounds for $0.89. another store sells them at 3 pounds for $
MAVERICK [17]
<span>Too find he lowest units price you divide the price per pound by the number of pounds. At the first store it is roughly 44 cents per unit. The second store is about 33 cents per unit. The lower unit price is 33 cents per pound at the second store.</span>
3 0
3 years ago
Consider the following items: • Land • Accounts Receivable • Notes Payable (due in three years) • Accounts Payable • Retained Ea
sashaice [31]

Answer:

Land, Building and equipment

Explanation:

As we know that

Total assets include current assets, fixed assets and intangible assets Current assets involve cash, stock, account receivables, etc. Fixed assets comprise plant & machinery, property, equipment, furniture & fittings, etc.

So according to the given situation, the land, building and the equipment is considered generally as a long term asset

4 0
4 years ago
Suppose that Bolivia has recently experienced an increase in its growth rate, although the total quantity of inputs in the count
Natalka [10]

Answer: Option B

Explanation: In simple words, economic growth refers to a situation when an economy produces more output in the current year as compared to the previous year.

The economic growth could happen from a number of factors. However in the given case, the growth in output is happening without any increase in input. This can only occur when the technology has been improved or the labor productivity has been increased.

Only under the above instances one can have more output than the previous level without increasing the input.

Hence from the above we can conclude that the correct option is B.

3 0
3 years ago
Leisure is Select one: a. a good that is not counted in GDP. b. a good that is counted in GDP. c. neither a good nor a bad, and
Greeley [361]

Answer:

a. a good that is not counted in GDP.

Explanation:

Leisure is not counted in GDP if the leisure activity does not have a market value, and is not exchanged in the markeplace.

For example, going for a walk, or sitting at a park to read are leisure activities that are not considered economically productive, and therefore, are not counted in GDP.

8 0
4 years ago
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