1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Allushta [10]
2 years ago
6

In economics what helps boost the standard of living and is thus the goal of most countries

Business
2 answers:
blondinia [14]2 years ago
4 0

Answer:

The answer is Economic growth and sustainability

Explanation:

Every economy tries to achieve economic growth its sustainability.

Economic growth is calculated as the percentage change in real GDP or per capita GDP within a period of time usually a year. Economic grwotht can be determined by:

1. Growth in real GDP tells us how the whole economy of a country is expanding.

2. Per capita GDP which is calculated by 'real GDP/population. This determines the standard of living in every country.

Economic is important because growth in any of these can change a poor nation into a wealthy one.

This growth must be sustainable

over time.

cricket20 [7]2 years ago
3 0
In macroeconomics, the goal is to increase the GDP of the country's economy. This is one of the goals in socioeconomic aspect. However, others would include infrastructure, exportation of goods and investors.Thank you for your question. Please don't hesitate to ask in Brainly your queries. 
You might be interested in
Hurricane katrina damaged a large portion of refining and pipeline capacity when it swept through the gulf coast states in augus
Phoenix [80]
<span>A result of the intensity and magnitude of the hurricane it damaged the pipeline. Gasoline distributors affected the prices because of the loss of supply and the unstable transportation or delivery. Stability of prices or equilibrium was achieved after reconstruction and changes that had transpired. Expected prices hikes on products would also be seen afterward.


</span>
7 0
3 years ago
This type of pay is defined as added pay for employees that have reached the maximum of a pay grade and are unlikely to move int
Anna71 [15]
The answer is <span>longevity pay.</span>
5 0
3 years ago
results from the lessening of trade barriers and the increased flow of goods and services, capital, labor, and technology around
daser333 [38]

Answer:

A.Economic integration

Explanation:

Economic Integration is a trade agreement that exists among countries within the same geographic location which includes reduced or removing tariffs and other trade barriers so that there will be free flow of certain goods and services coupled with other factors of production within the region. This is important because it helps to reduce the cost involved in trade and making goods and services available within member state. This agreement is also known as regional integration because it exist between nations in the same region. For example economic integration between West African States.

5 0
3 years ago
Accounts receivable $29,500
Alecsey [184]

Answer:

Company's current ratio is 2.4

Explanation:

Current ratio = Current assets / Current liability

Current ratio = 46,880/19,500

Current ratio = 2.404 =2.4

<u>WORKINGS</u>

Current assets:

Account Receivable= 29,500

Office supplies 4,800 (Assuming they are stocks of supplies)

Prepaid insurance 4,680

Cash 7,900

Total current assets=46,880

Current liabilities

Account Payable 13,500

Unearned services revenue 6,000

Total current liability= 19,500

6 0
3 years ago
Suppose the state of Wyoming passes a law that increases the tax on cigarettes. As aresult, smokers who live in Wyoming start pu
fomenos

Answer:

a. People respond to incentives.

Explanation:

Assuming the state of Wyoming passes a law that increases the tax on cigarettes thereby causing smokers who live in Wyoming to start purchasing their cigarettes in surrounding states.

Consequently, an increase in the tax on cigarettes altered the behavior of the smokers in Wyoming, it made them to purchase from neighboring states.

This illustrates or reflect the fact that people respond to incentives.

6 0
3 years ago
Other questions:
  • he Snella Company reports 2015 Pre-tax Net Income of $10,000. The following items exist:Premiums Paid for Key Officer Life Insur
    8·1 answer
  • In strategic planning, managers consider the organization as a total unit and ask themselves what must be done in the long term,
    7·1 answer
  • Firms subject to the reporting requirements of the Securities Exchange Act of 1934 are required by the Foreign Corrupt Practices
    11·1 answer
  • Jerzy wants to keep his overall costs down and to enter into the international marketplace slowly and carefully. He is consideri
    12·1 answer
  • A person or organization that has a vested interest in a particular aspect of the planning or operation of an organization is a(
    15·1 answer
  • Dionne just learned that her company will be announcing layoffs at the end of the month. She is completely overwhelmed by the ne
    7·1 answer
  • Select all that apply Careers in the agriculture, food &amp; natural resources career cluster include: 1)chef 2)graphic designer
    10·2 answers
  • Which of the following statements accurately describes the statement of cash flows?A) It is the link between net income and earn
    9·1 answer
  • What are the effects of rapid inflation?
    9·1 answer
  • An agency that occurs when a principal and an agent categorically agree to enter into an agency agreement with each other is kno
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!