One Possible Way of Achieving Faster Economic Growth Is to

question 185

Multiple Choice

One possible way of achieving faster economic growth is to

• A)abolish the system of patents and copyrights so that everyone can use people's ideas.
• B)limit international trade to only a few countries so that the nation is not hurt by too much trade.
• C)encourage research and development.
• D)limit schooling in order to have more people in the labor force, producing goods and services.
• E)tax saving so that people spend more and businesses' profits are larger.

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Definitions:

Net Income

The total earnings of a company after all expenses and taxes have been deducted from total revenue.

Leverage

The use of borrowed capital (debt) or other financial instruments to increase the potential return of an investment.

Returns

Returns refer to the profit or loss generated on an investment over a specified period of time.

Cost Of Debt

The effective rate that a company pays on its current debt, which can include bonds, loans, and other forms of debt; it's a crucial component in the calculation of the company’s cost of capital.