Business

Picasso

4 July, 21:28

What is the definition of economic growth?

An increase in the amount of money remitted by foreign workers to their native country

The average annual rate at which the gross revenue of all commercial organizations grows.

A rise in the total amount of goods and services produced within the borders of a nation.

A change in the economic value of the skills and knowledge of a nation's employees.

+4

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question ✅ “What is the definition of economic growth? An increase in the amount of money remitted by foreign workers to their native country The ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.

Search for Other Answers

You Might be Interested in

wo economies, Hare and Tortoise, each start with a real GDP per person of $1 comma 000 in 1950. Real GDP per person grows 4 % per year in Hare and 2 % per year in Tortoise.

A computer manufacturer sells laptops to retail stores for $450 each. If the manufacturer pays $200 for all of the components in each laptop and $75 in wages to it's workers, the value added to each computer by manufacturing is is $250 or $175?

Exercise 7-3A Allocate costs in a basket purchase (LO7-1) Red Rock Bakery purchases land, building, and equipment for a single purchase price of $360,000.

3. Making Podcasts and Wikis, Work for Business The Web 2.0 revolution has changed the way businesses communicate with consumers and within their own organizations.

During 2016, Skechers U. S. A., Inc. had Sales of $3,563.3 million, Gross profit of $1,634.6 million and Selling, general, and administrative expenses of $1,278.0 million What was Skechers' Cost of sales for 2016? A) $1,115.7 million B) $1,928.

New Questions in Business

Which of the following is not a risk associated with international contracting? a. Currency exchange rates b. Transportation costs c. Fee collection d. None of the above

Under the allowance method, writing off an uncollectible account A) affects only balance sheet accounts. B) affects both balance sheet and income statement accounts. C) affects only income statement accounts. D) is not acceptable practice.

You're trying to save to buy a new $190,000 ferrari. you have $31,000 today that can be invested at your bank. the bank pays 3.8 percent annual interest on its accounts.

The natural rate of unemployment is a. the sum of seasonal unemployment and cyclical unemployment. b. the sum of structural unemployment and cyclical unemployment. c. the sum of structural unemployment and frictional unemployment. d.

For a large company with many strategic supplier alliances, what would be the best way to manage them? a. Create an alliance board to oversee alliances b. Reduce the number of supplier alliances to less than five c.