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Allushta [10]
3 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]3 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]3 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. 
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On January ​3, Halsall Corporation purchased 1,800 shares of the​ company's ​$1 par value common stock as treasury​ stock, payin
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Answer:

The journal entries alongwith its explanation are as under:

Explanation:

Journal entry at Jan 3, to record purchase of treasury stock would include the recording of treasury stock at the price paid to the shareholders for purchase of the stock, the journal entry is as under:

Dr Treasury Stock (1800 share*$8 per share) $14,400

Cr Cash                                                                      $14,400  

 

Journal entry at Jan 30, of selling treasury stock would include the elimination of the treasury stock at the amount purchased and the remainder will will be the Paid-In Capital, the journal entry is as under:

Dr Cash (1200*9)                 $10,800

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Cr Paid in capital from sale of treasury stock $1,200

4 0
3 years ago
When Simple Semiconductors was operating at the minimum efficient scale of 10,000–12,000 units per month, the firm's cost per un
Sauron [17]

Answer:

Diseconomies of scale.

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In microeconomics, diseconomies of scale are the cost disadvantages that economic actors accrue due to an increase in organizational size or on output, resulting in production of goods and services at increased per-unit costs.

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3 years ago
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Create a memo. The memo should include all parts of a memo and these parts should appear in the correct order. In your memo, giv
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To: Stacy Shoe, Allen Sock, Emma Johnson

From: Alina Kincsem (write your name here)

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3 years ago
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Emma Clumsy, the insured, makes a contract with Rest in Peace Insurance Company, the insurer, whereby Emma will pay quarterly pr
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Answer:

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In 2005 the price index was calculated at 115.3 with 2000 as the base year. In 2006 the price index increased to 119.5. What was
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