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xz_007 [3.2K]
3 years ago
6

Identify and explainthe benefits and problems associated with high economic growth

Business
1 answer:
frozen [14]3 years ago
5 0

Answer:

Kindly check explanation

Explanation:

High economic growth is usually the aim of several economic policies whichnmost countries try to employ. The reason for this is no other than the numerous benefits attached to it which includes;

Increase in GDP : With growth in the economy of a country, trading within and outside these countries will rise, leading to increase in revenue earned and hence, the gross domestic product. This will pave the way for :

Infrastructural development : The development of infrastructure and standard society will be on the horizon as the economy grows. There is enough capital to embark on infrastructural development which will serve the populees

Other benefits include ; Trade and investment opportunities ; Increase in foreign direct investment and employment level will increase.

High economic growth also has it's drawbacks which include ;

Higj Immigration level ; Businesses and individuals are always on the lookout for areas with good investment opportunity in which an high income society is usually a main target. With increasing immigration, overcrowding may result.

Also, Investment cost may begin to rise, coupled with increase in foreign investment influx, the local market may be at risk of being able to compete.

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A firm’s statement of values requires a lot of pruning. There are many acceptable values, but to be effective, the list must be
Galina-37 [17]

Answer:

Culture.

Explanation:

A firm’s statement of values requires a lot of pruning. There are many acceptable values, but to be effective, the list must be short. Executives choose the most important values. Therefore, the clue to <u>Culture</u> is in what is chosen.

Companies recruit candidates who are most likely to fit their culture. Studies have found that a good fit between a candidate's personality and the company's culture leads to better retention. Companies can also use hiring decisions and training to maintain their culture.

6 0
2 years ago
Alayna is a voice and singing coach. She is a calendar-year taxpayer using the accrual method of accounting. On November 2, 2018
Umnica [9.8K]

Answer:

She should report $2400.00

Explanation:

She has a contract for 64 hours and she gets $3200.00 Just by aritmethics, this is doing a division we can find that she gets $50.00 for every hour, therefore if she gives 48 hours in 2019 we multiply $50.00 for 48 hours and we get $2,400.00

5 0
3 years ago
A European chocolate manufacturer received several complaints from customers about the quality of its products when it began sel
Otrada [13]

climatic requirements

3 0
3 years ago
Assuming the company uses US GAAP standards, what is the total cash flow from financing activities?
saveliy_v [14]

Answer:

$30

Explanation:

The cash flows from financing activities will include:

+ issuance of preferred stock

+ issuance of bonds

- paid off long-term bank borrowings

- repurchase of common stock

- dividends paid

cash flows from financial activities = $35 + $50 - $15 - $30 - $10 = $30

The $45 resulting from the debt retired through issuance of common stock was not a financial operation, therefore it is not included in the cash flow form financial activities.

6 0
2 years ago
Using the cut-and-try method for aggregate operations planning, we can back calculate beginning inventory if we knew the values
viva [34]

Answer:

A. 300

Explanation:

the difference in demand and the closing inventory

= 1000 - 900

= 100

And 20% of the demand (2000) = 200

the safety stock = 200 + 100

                           = 300

Therefore, The the beginning inventory is 300.

7 0
3 years ago
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