Which of the Following Are Important for Countries to Promote

question 46

Multiple Choice

Which of the following are important for countries to promote with property rights and incentives
If economic growth is to occur?
i.specialization
ii.saving and investment
iii.increases in human capital iv) discovery of new technology

• A)i, ii and iv only.
• B)i, ii, iii and iv.
• C)ii and iii.
• D)iii and iv.
• E)ii and iv.

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Definitions:

Expected Profitability

An estimation of the future financial gains of a business or investment, based on analysis or trends.

Direct Materials Budget

A financial plan that estimates the raw materials required for production and the cost of these materials for a specific period.

Ending Direct Materials Units

The quantity of direct materials still on hand at the end of a production period.

Cash Budget

A financial plan that projects cash inflows and outflows over a specific period, helping businesses manage their liquidity.