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3 years ago

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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Simon Peters, a senior manager at Celise Export Logistics, goes to France to negotiate a deal with the company's French partners

anyanavicka [17]

In this scenario, dressing formally during business meetings is probably a cultural imperative for the French

Explanation:

Cultural imperatives are traditions that you have to comply with when you want to succeed.

Relationship building is an example of a cultural imperatives .

Business understands the importance of building a relationship in many Asian countries such as China and Japan and Latin America.

Businessmen are not doing company business, they are doing business with people. It is a cultural necessity to spend time developing this relationship in these countries before you start up your business. Always underestimate your business partners ' value in building trust. It makes or breaks an agreement. Among Asian countries, another moral necessity is to make no one lose face. Never raise your voice or publicly threaten anyone. You will struggle in your company if you are ignorant of these cultural imperatives.

8 0

3 years ago

The goal of expansionary fiscal policy with respect to output is to: Multiple Choice increase spending and shift aggregate deman

soldier1979 [14.2K]

Answer:

Increase spending and shift aggregate demand to the right in an effort to reach full employment output.

Explanation:

The goal of expansionary fiscal policy with respect to output is to reduce the problem of unemployment. In order to let this work, the government must increase its spending or Decrease the tax rate. This will make the Aggregate Demand Curve to the right which is a proof of increasing real Gross Domestic Product (GDP) as well as gradual reduction of unemployment.

8 0

3 years ago

Flitter reported net income of $25,500 for the past year. at the beginning of the year the company had $216,000 in assets and $6

Brut [27]

Answer:

There are two ways in which Return on Assets can be calculated depending on whether we consider Total assets at year-end or average total assets.

$Return on Assets = \frac{Net Income}{Total Assets at year end}$ 1

$Return on Assets = \frac{Net Income}{Average Assets}$ 2

Substituting the values in equation 1 we get,

$Return on Assets = \frac{25500}{316000}$

$Return on Assets = 0.080696203 or 8.07%$

Substituting values in equation 2 we get,

$Return on Assets = \frac{Net Income}{Average Assets}$

$Return on Assets = \frac{Net Income}{\frac{Assets at beginning + Assets at year end}{2}}$

$Return on Assets = \frac{25500}{\frac{216000 + 316000}{2}}$

$Return on Assets = \frac{25500}{266000}$

$Return on Assets = 0.095864662 or 9.58%$

5 0

3 years ago

A share of common stock just paid a dividend of $1.00. If the expected long-run growth rate for this stock is 5.4%, and if inves

WARRIOR [948]

Answer:

. $11.98

Explanation:

D1 = D0(1+g)

D0 = Last dividend

r = Required rate of retrun

g = Growth rate

Stock price formula = D1/(r-g)

Stock price = D0(1+g)/(r-g)

Stock price = 1*(1+0.054) / (0.142-0.054)

Stock price = 1.054 / 0.088

Stock price = 11.97727273

Stock price = $11.98

4 0

2 years ago

Lambert Center began operations on July 1. It uses a perpetual inventory system. During July, the company had the following purc

svetoff [14.1K]

Answer:

Fifo Inventory $665

Moving Average= $ 606

Lifo Inventory $ 592

Explanation:

Purchases

Date Units Unit Cost Sales Units Fifo Inventory

July 1 13 $115

July 6 9

4 $115 $460

July 11 6 $122

July 14 6

4 $122 $488

July 21 7 $132

July 27 6

5 $ 133  $665

Moving Average Method

= Total Cost of Purchases/ No of items= 13*115 + 6*122+ 7*132/13+6+7

= 1495+ 732+ 924/26= 3151/26= 121. 192

No of units in the Ending Inventory= 5 * 121.192= $ 605.96

Purchases

Date Units Unit Cost Sales Units Lifo Inventory

July 1 13 $115

July 6 9

4 $115 $460

July 11 6 $122

July 14 6

4 $115 $460

July 21 7 $132

July 27 6

1 132 $132

4 $ 115 $460

5  $ 592

6 0

3 years ago