All categories

3 years ago

Why would economic growth be important to maintaining national strength?

Business

2 answers:

never [62]3 years ago

5 0

D. Economic growth creates the wealth that pays for defense and future investments.

Sonja [21]3 years ago

4 0

Answer:

D. Economic growth creates the wealth that pays for defense and future investments.

Explanation:

Economic growth is important for the development of all sectors of a nation, especially those sectors that demand high amounts of public investment, such as the national strength.In crisis situations, the government needs to cut spending and state defense sectors such as the military are often affected. Instead, as the nation thrives economically, more investment can be made for national defense through security forces. These investments consist of new technologies, equipment, supplies, and spending on training forces and all that is necessary for national security to be guaranteed.

You might be interested in

Someone who wants credentials in skilled training, but in less time than a four- year degree should consider...

Pavlova-9 [17]

Answer:

Career or technical education.

Explanation:

Someone who wants credentials in skilled training, but in less time than a four- year degree should consider Career or technical education.

A technical education course is solely based on providing skilled training which will help the student to learn the practicalities in a shorter period of time.

They are focused on a specific kind of skilled training which you can use in your career. Technical education is also known by the name of a diploma which can be completed in a period of 2 years or even in a period of months.

4 0

3 years ago

Blueberry Baking Company produced 5,500 cakes that require 3 standard pounds per unit at a $3 standard price per pound. The comp

jekas [21]

Answer:

Dr. Work in process $49,500

Dr. Material Quantity Variance $4,500

Cr. Raw material Inventory $49,500

Explanation:

First we need to calculate the Material usage variance

Standard Material = 5,500 cakes x 3 pounds = 16,500 pounds

Standard cost of Standard Material = 16,500 pounds x $3 = $49,500

Actual usage at standard cost = 16,650 pounds x $3 = $49,950

Material usage Variance = $49,950 - $49,500 = $450 unfavorable

When the actual cost incurred is more than the standard cost the variance is unfavorable.

3 0

3 years ago

Cuba is a command economy that suffered a decline in economic growth because of a cut in the aid provided by the former Soviet U

katen-ka-za [31]

Answer:

Experience an inward shift of its production possiblity curve.

Explanation:

Production possiblity curve is a graphical representation of the maximum number of products that a company can produce, if it produce only two product using all the resources efficiently. The maximum production possiblity of one product is shown on one side graph and another product on other side to compare which product can be produced to reduce cost and wastage while maximizing the profit. This also help the management to know the effecient use of resources or factor of production; Land, labour, capital and entrepreneurship. Therefore, lack of resources to Cuba have lead it´s economy to decline.

4 0

3 years ago

At the beginning of a recession comma which of the following is most likely to be true question mark A. The price level begins t

Anestetic [448]

Answer:

B. Spending by firms on capital goods is declining.

3 0

3 years ago

How do organizations calculate various costs, and what do these calculations mean to business?

QveST [7]

Answer:

See the explanation section

Explanation:

Organizations calculate various costs with the help of the weighted average cost of capital. It is a significant cost measurement system through which organizations can calculate the cost of debt after tax, cost of new equities, cost of existing equities, and cost of preferred shares. WACC can be a benchmark for the organization. A firm needs to know those costs because it can make sure that whether those projects are running smoothly to continue or running worse to reject.

Another significant cost measurement method is the net present value. With the help of NPV, a business can make sure about a project to accept it or reject it.

8 0

2 years ago