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Kay [80]
3 years ago
6

Select the correct answer. Why is investing important in an economy?

Business
2 answers:
Ket [755]3 years ago
6 0

B. provides money for machinery, tools, and equipment for growth

Investment, particularly capital investment improves productivity in labor by increasing tools and equipment that helps workers. For example, a carpenter works more efficiently when he uses a chainsaw instead of an ax. Improved efficiency of workers leads to economic growth.


kifflom [539]3 years ago
5 0

Answer:

The correct answer would be option B, provides money for machinery, tools and equipment for growth.

Explanation:

From investing in an economy, it means to put money in the circulation. This money would be used in the economy to foster growth. The person or company who invest in the economy would invest with the hope of getting profit, while the company or institution where the money is invested would use this money in buying equipment, machinery or tools that would increase the efficiency and effectiveness of the organization or the institution, that in turns will contribute towards the increased efficiency and growth of the economy. In this way, the invested company will get the benefit and also the investor would be benefited by this investment.

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Cobe Company has already manufactured 17,000 units of Product A at a cost of $20 per unit. The 17,000 units can be sold at this
AlexFokin [52]

Answer:

differential analysis:

                         No further process      Process further         Differential

                                                                                                 amount

Sales revenue            $410,000                $1,213,400             $803,400

Production costs     ($340,000)               ($580,000)           ($240,000)

Operating income       $70,000                  $633,400            $563,400

The company should process further and sell products B and C because its operating income will increase by $563,400.

6 0
3 years ago
In a limited service hotel, with no full time controller, who would most likely assume the controllers duties?
kakasveta [241]
The General manager would likely assume the controllers’ duties in a limited service hotel, with no full-time controller. Controllers duties includes guiding financial decisions and protects assets by establishing, monitoring, and enforcing policies, procedures and internal control. He/she monitors and confirms financial condition by conducting audits and providing information to external auditors.



5 0
3 years ago
Corporate executives often object to the use of open-source software because it lacks formal technical support, even though info
victus00 [196]

Answer:

A. True

Explanation:

When the open source software used by the corporate executives so it would be lead to the lacking of technical support i.e. formal also the information and its solutions would be available online

So the given statement is true as the open source software deals with the source code that should be released in a license where the copyright holder would granted the users to have the right to use the same

4 0
3 years ago
Suppose the reserve requirement is 5 percent. How much would reserves need to be initially increased to eventually increase the
Keith_Richards [23]

Answer:

$50

Explanation:

If the required reserves are 5%, then the money multiplier = 1 / 5% = 20. If the FED wants to increase the money supply by $1,000, then it needs to initially inject $1,000 / 20 = $50 into the economy.

When the FED wants to increase the money supply, it engages in an expansionary monetary policy. If it wants to decrease the money supply, then it will engage in a contractionary monetary policy.

7 0
4 years ago
The Project Management Body of Knowledge Guide definition of a project indicates that a project is:
Katyanochek1 [597]

Answer:

B

Explanation:

Hope this helped and have a great day.

4 0
3 years ago
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