Answer:
B. An increase in the physical capital stock of the country
Explanation:
Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.
GDP calculated using the expenditure approach = Consumption spending + Investment spending + Government Spending + Net Export
If physical capital stock is increasing, it means investment spending is increasing and gdp would rise.
Increase in tax rate reduces disposable income which leads to a fall in consumption and gdp.
An increase in interest rate leads to a fall in investment and gdp.
If unemployment is high, gdp would be low.
I hope my answer helps you
Answer:
D) control the desired price and output to maximize profits, but a perfectly competitive firm can only choose the desired output.
Explanation:
Firms competing in perfectly competitive markets are price takers, meaning that they cannot set the price of their products or services, but monopolists can actually set the price of their products or services because their market power is high enough to do so. Also, a monopolist can choose to lower or increase its output depending on the resulting profits.
This excessive market power is the reason why natural monopolies are usually regulated by the governments and many monopolistic firms are forced to split into smaller firms that compete against each other.
Answer:
False.
Explanation:
Corporate social responsibility (CSR) can be defined as a strategic management concept which typically involves socially contributing to the growth and development of the people, community and the world at large. Some examples of CSR programs are building of roads, provision of electricity, water supply, establishing health care centers, awarding scholarships etc.
There is a benefit to being socially responsible. As a matter of fact, most Fortune 500 companies adopt CSR programs because it makes them to be socially conscious of their environment and builds their brand extensively.
Answer:
Note receivable is a written promise by a supplier agreeing to pay a sum of money in the future.
While
Account receivable is the funds owed by the customers.
