Independent professionals such as Certified Public Accountants or CPAs provide attestation services known as assurance services.
These services include audits, reviews along with e agreed-upon procedures engagements. Audits are known to be the most understanding type of attestation service, which provides an independent analysis of a company's financial statements and are carried out in accordance with Generally Accepted Auditing Standards(GAAS). The aim of an audit is to lay an opinion on the justification of the financial statements which leads to lowering the risk of reporting mistakes by guaranteeing a huge level of trust in financial statements.
Reviews are known to be less in-depth than audits and provide finite resources on financial statements.
To know more about CPAs:
https://brainly.com/question/19066091
#SPJ4
_____ is behavior that conforms to generally accepted social norms. a. Ethical behavior b. Maladaptive behavior c. Passive behavior d. Deficit behavior.
Option A is correct. Ethical behavior is behavior that conforms to generally accepted social norms
Ethical behavior is behavior that conforms to generally accepted social norms and values. It is behavior that is considered to be morally right and responsible, and is in line with societal expectations and standards. Ethical behavior is often associated with integrity, fairness, and responsibility. While maladaptive behavior is a pattern of behavior that is not appropriate or effective in dealing with life's demands, passive behavior is a tendency to avoid or withdraw from social interactions, and deficit behavior is a pattern of behavior that is significantly below the standards expected for the individual's age, cultural background, and stage of development.
Know more about Ethical behavior - https://brainly.com/question/29751317
#SPJ4
What are the tax consequences for the transferor and transferee when property is transferred to a newly created corporation in an exchange qualifying as nontaxable under sec. 351?
Tax Consequence means any transaction or event in which the Managing Member shall engage or participate or which the Managing Member shall allow to occur as a consequence of a Tax Determination.
Whatis meant by tax consequences?The amount of tax, net tax, input tax credit, rebate, or other sum payable by, or refundable to, the person under Part IX, or any other amount that is relevant for the purposes of determining that amount; Typical 1 Sample 2.LAW.
Section 351(a) states that no gain or loss must be recognised when property is transferred to a corporation by one or more people solely in exchange for stock in the corporation, as long as those people are immediately after the exchange in control of the corporation (as defined in Section 368(c)).
The amount of income, taxable income, or taxable income earned in Canada of any tax or other amount that person must pay or that person is entitled to a refund is referred to as the individual's tax consequences.
To learn more about tax consequences refer to:
https://brainly.com/question/25783927
#SPJ4
What are capital resources in the economy?
Capital resources include money to start a new business as well as everything else that individuals develop to make goods and provide services.
In order to produce goods and services, a corporation need capital resources, which are man-made resources. Businesses can continue to be productive and provide services to their clients with the help of capital goods. Infrastructure, machinery, and other capital resources are examples. Clean energy projects are paid for with the help of money sources, which are managed by capital providers. For instance, a bank may use the deposits made by its clients as a source of capital; however, in this case, the bank manages the money's investment. All assets created by humans and employed in the production of goods are referred to as capital resources. These resources include things like machinery, buildings, and other things. Any equipment or resource used by a company in the creation of goods or services is referred to as a capital resource.
Learn more about Capital resources here
https://brainly.com/question/30124404
#SPJ4
Which of the following steps is necessary to ensure that a master schedule is valid?
A. worker scheduling
B. order promising
C. inventory counting
D. order booking
E. rough-cut capacity planning
Rough-cut capacity planning steps is necessary to ensure that a master schedule is valid.
What is Rough cut capacity?
Rough cut capacity planning is a method of determining the total available capacity of a manufacturing facility. This type of capacity planning is typically used in the early stages of production planning, when a company is trying to determine how much output it can handle and the resources it will need to meet that output. It is an estimate of capacity that does not take into account any adjustments for efficiency or other factors.
What is a Master schedule?
A master schedule is a detailed timetable of the activities and resources required to complete a project. It is used to coordinate the efforts of the project team and ensure that tasks are completed on time and within budget. The master schedule outlines the timeline, tasks, resources, and milestones of the project.
Therefore the correct option is E. rough-cut capacity planning.
To know more about Rough cut Capcity,
https://brainly.com/question/24281112
#SPJ4
Which of the following would be a consideration for "sell as is or process further" decisions?
A) Revenue generated if sold "as is"
B) Revenue generated if "further processed"
C) Costs involved in further processing
D) All of the above
________ are professional accountants who serve the general public, not one particular company.
A. certified public accountants
B. certified management accountants
C. cost accountants
D. controllers
certified public accountants are professional accountants who serve the general public, not one particular company. so option A is correct.
What is a Certified Public Accountant referred to as?Chartered Professional Accountant (CPA) Professionals in accounting who are licensed and devoted to defending the public interest are identified by the CPA designation. To help investors better understand the financial health of firms, these experts provide attestation services such as financial statement audits. Within one to two years, CPA-certified accountants rise to jobs with greater responsibility, and within a few years after that, they frequently receive promotions to senior level positions. The time and effort spent studying for and passing your CPA examination will be more than worthwhile after you have done so.
To know more about Certified Public Accountant visit:
https://brainly.com/question/13459412
#SPJ4
How do I open a bank account Short answer?
Selecting a bank and giving it the required documentation, such as identification and proof of address, is required in order to create an account.
How To Open a Bank Account ?Selecting a bank and giving it the required documentation, such as identification and proof of address, is required in order to create an account. For most banks, eligibility standards call for a minimum age of 18. The account may also require funding or a minimum balance to avoid costs.A government-issued ID, your ID number, and your physical and mailing addresses are required to open an account.Read the disclosures before choosing an account to find out about any account fees or minimum balance requirements.Depending on the characteristics you need—high interest rates, minimal balance requirements, no ATM fees, etc.—you can choose the bank or account you desire.To Learn more About Selecting a bank Refer To:
https://brainly.com/question/13834098
#SPJ4
Priya only has $500 a month to spend on her campaign, but she needs to drive as many potential customers as possible to her website. Which type of automated bidding strategy would be best for Priya's campaign
The optimal bidding approach for Priya's campaign would be to maximize clicks.
ECPC is what kind of automated bidding?ECPC is a type of Smart Bidding that utilizes a variety of auction-time signals and is an extra accessory with Manual CPC bidding. The optimal bidding approach for Priya's campaign would be to maximize clicks.
What are the two categories of bids?In the procurement process, there really are two types of bids: open or competitive bids and closed "locked" or noncompetitive bids. Typically, competitive bidding occurs using the RFx procedure, which is described below. Some businesses, however, will also use unviable bidding. Selecting a vendor for a project's subcontracting or for acquiring the goods and services needed for the project involves using the bidding process.
about bidding visit:
https://brainly.com/question/28436717
#SPJ4
Morgan owned a large condominium on the ocean. She died and no legal heirs were found. Who will receive title to the property
According to question, if Morgan died with no legal heirs then ,the state or county receive title to the property .
According to succession law, the spouse (or registered partner) and children are first in line to receive (equal portions of) the estate. Next come brothers, sisters, and parents, then grandparents, and finally great-grandparents.
A person who decided to take legal possession of a deceased ancestor's estate after they went away without leaving a will or designating a legal heir. Therefore, a legal heir is a person who legally or by way of a will inherits an ancestor's property.
To know more about legal heirs visit :
https://brainly.com/question/30204709
#SPJ4
Refer to Figure 15-8. What is the socially efficient price and quantity? a. price= A; quantity = X
b. price = B; quantity = Y
c. price = B; quantity = X d. price = C; quantity = X
The right response is b. The socially optimal price and quantity are: price = B; and Y.
Definition of Equilibrium Monopoly.When a monopoly unjustly restricts supply to drive up prices, it still maintains its equilibrium of marginal cost equal to marginal income. The same intercept and twice as steep a slope for the marginal revenue are present on a linear demand curve.
Prices and quantities that would be offered in a fully competitive market are those that are socially efficient. This happens when demand and marginal cost are equal at price B and quantity Y. This suggests that any deal that might have benefited both parties may have taken place. Monopolies would strive to operate at quantity X and price A.
Learn more about Monopoly: https://brainly.com/question/17205622
#SPJ4
The complete question is:
Refer to the figure below. What is the socially efficient price and quantity?
a. price = A; quantity = X
b. price = B; quantity = Y
c. price = B; quantity = X
d. price = C; quantity = X
A tax rate on a building with a $530,000 taxable value is 4.5 mills per thousand dollars of assessed valuation. What is the annual tax liability
$2,385. A tax rate on a building with a $530,000 taxable value is 4.5 mills per thousand dollars of assessed valuation By definition, a tax liability is simply the amount of money.
owing by a business or person to a taxing entity, such as the Internal Revenue Service (IRS). Set it up like this to find the answer to this;mIf $1000 has a taxable value of 4.5 mills, how much would 530,000 pay If $1000 = 4.5 so $530,000's tax obligation would be equal to (530,000 * 4.5) / 1,000. = 2,385,000/ 1000 = $2,385 The amount that a person, company, or other organization owes to a federal, state, or local tax body is known as their tax liability. In general, you owe taxes when you earn money or make gains off of the sale of an investment or other item.
learn more about tax here:
https://brainly.com/question/16423331
#SPJ4
Which of the following types of plans describes how a business resumes operation after a disaster?
internal operations plan
business unit plan
virtual private network plan
emergency operation plan
business continuity plan
Option 5 is correct. Business Continuity Plan is the type of plans describes how a business resumes operation after a disaster
A business continuity plan (BCP) is a type of plan that describes how a business will resume operations after a disaster. It outlines the procedures, resources, and processes that will be used to maintain or restore critical business functions in the event of an emergency or disruption. It includes a detailed plan for recovery and restoration of vital systems and operations, including communication, IT infrastructure, and logistics. The other plans mentioned, such as internal operations plan, business unit plan, virtual private network plan, and emergency operation plan, are also important but they are not specifically designed to resume operation after a disaster.
Know more about Business Continuity Plan - https://brainly.com/question/29749861
#SPJ4
based on the information you used to create your schedule and curve, which product would you recommend the shoe hut focus on
Based on the data you used to develop your schedule and curve, Shoe Cut should concentrate on the running shoe category of products, in your opinion.
When the company's resources are on the PPF, they may be fully exploited ( Production Possibility Curve). Without sacrificing another good, it is impossible to produce more goods. For the purposes of the study, we can assume that combination B produces 12 units of running shoes and 2 units of hiking boots.
If the hiking boots are skipped, an additional 3 pairs of running shoes can be made. Running shoes can hold up to 15, while hiking boots can only hold up to 10. Therefore, Shoe Hut should concentrate on creating running shoe inserts.
To know more about Shoe Hut click here: brainly.com/question/14874888
#SPJ4
Correct Question:
Based on the information you used to create your schedule and curve, which product would you recommend that Shoe Hut focus on, and why? Provide details that support your answer.
A man invests $5,200, part at 4% and the balance at 3%. If his total income for the two investments is $194, how much money did he invest at each rate
The total money that he invest at each rate is $1,400 at 3% and $3,800 at 4%.
Let x be the money a person invested in her 3 count and y be the amount she invested in her 4 count. This problem can be modeled by two systems of equations.
1. The income of the first investment is 0.03x$ and the income of the second investment is 0.04y$. If the total income of the two investments is $194,
0.03x + 0.04y = 194.
2. If a man invests his $5,200, he splits it at 4%, the rest he splits at 3%.
x+y=5,200.
3. Get the system of equations.
Represent x from Equation 1 and substitute into Equation 2.
after that
x= $5200 - $3800 = $1400.
Hence,
$1,400 at 3% and $3,800 at 4%.
Know more about investment here:
https://brainly.com/question/15353704
#SPJ4
Which of the following is NOT a characteristic of a successful incentive pay plan?
a. complex and comprehensive rules
b. simplicity
c. consistency with the organization's existing goals
d. clear and realistic goals
e. regular communication with employees about the incentive plan
Option (a), A good incentive pay plan DOES NOT include complicated and extensive restrictions.
What qualities make an incentive program effective?For an incentive program to be effective, it must be both compelling and realistically attainable to keep participants motivated. According to general best practices, the aim should be set at the average success level, with 20% over that serving as a stretch goal having potential for earnings growth.
Systems of incentive payments may include what?Employees' pay is not always limited to their set salary. The corporation reserves the right to offer various individuals or groups bonuses to improve it. Examples are the seniority bonus, activity bonus, Macron bonus, and bonus for attendance.
Learn more about incentive pay plan: https://brainly.com/question/29219916
#SPJ4
What are the 5 most common budgeting methods?
Companies typically utilize one of the following five types of budgets: incremental, activity-based, value proposition, rolling, and zero-based. Each of these four budgeting techniques has benefits and drawbacks.
You may wish to determine where your money is going before choosing a new or alternative budgeting strategy so that you are aware of the areas that require your attention.
According to Megan Luke, chief operating officer at PNC Bank, "a simple approach to get things going is to gather all of your receipts for a month or two for every $1 you spend." Sort the receipts for food, petrol, entertainment, and other expenses into piles at the end of the month. This will offer you a clear view of your current expenditure and present possibilities to find ways to modify and possibly save.
know more about budget here
https://brainly.com/question/15683430#
#SPJ4
Entries for Materials GenX Furnishings manufactures designer furniture. GenX Furnishings uses a job order cost system. Balances on June 1 from the materials ledger are as follows: Fabric Polyester filling Lumber Glue The materials purchased during June are summarized from the receiving reports as follows Fabric Polyester filling Lumber Glue Materials were requisitioned to individual jobs as follows $40,500 28,600 62,400 6,550 $440,000 180,000 360,000 40,000 Polyester Filling Fabric $205,000 110,000 130,000 Lumber Glue Total Job 601 Job 602 Job 603 Factory overhead-indirect materials Total $400,000 234,000 310,000 $34,800 34,800 $166,000 $333,000 $34,800 $978,800 $75,000 $120,000 88,000 55,000 125,000 36,000 $445,000
Journal entries for materials are used to record the purchase. Therefore, $1,020,000 is debited to Materials and credited to Accounts Payable.
What does journal entry mean?A journal entry is a record of business transactions in your books of accounts. Double-entry bookkeeping creates at least two journal entries for each transaction. A single transaction can cause many changes in a company, so accountants track them all in journal entries.
Journal entries fall into six main types: opening journals, transfer journals, closing journals, adjusting journals, compound journals, and reversing journals. Each of these entries has a specific function in accounting.
What are Tally's journal entries?Tally ERP 9 uses Journal Vouchers to record cash and non-bank financial transactions. Journal entries record transactions related to depreciation, accruals, credit fixed asset sales, depreciation balances, and adjustment transactions.
To learn more about journal entry visit:
https://brainly.com/question/20421012
#SPJ4
What are the elements of business environment?
1. Economic environment: This includes factors such as inflation rate, interest rate, economic growth rate, disposable income and the purchasing power of consumer.
2. Social environment: This includes factors such as population, values and culture, education level and demographics.
3. Political environment: This includes factors such as government policies, regulations and tax laws.
4. Technological environment: This includes factors such as availability of the technology, innovation and research and development.
5. Legal Environment: This includes factors such as laws, regulations and court decisions that affects the businesses.
6. Natural environment: This includes factors such as climate, natural resources and pollution.
To know more about business environment click here
https://brainly.com/question/28962722
#SPJ4
recent research shows that approximately __ of consumers search for and purchase a low prices product using an in store shopping app
Before making a purchase, 81% of retail customers investigate products online. Online research is where the vast majority of retail customers begin their journey (Source: GE Capital Retail Bank).
What proportion of consumers buy things online?More than 75% of consumers purchase online at least once every month. It makes sense that more than 75% of people buy online at least once a month as their desire for convenience grows.
How many people shop online for clothing?To date, 69% of Americans have made an online purchase, and 25% of them do it at least monthly. The bulk of these customers (59%) purchased clothing goods, while 47% made their first Amazon purchase.
To know more about consumers visit:-
https://brainly.com/question/30132393
#SPJ4
Financial Accounting by Thomas and Tietz, 13th edition, 2022 (published by Pearson) with MyLab access.
"Financial Accounting" by Thomas and Tietz, 13th edition, 2022 (published by Pearson) with MyLab access is a textbook that provides students with an introduction to financial accounting concepts and principles.
This edition of the textbook is the most recent one, published in 2022 by Pearson, one of the leading publishers of educational materials. It is written by Thomas and Tietz, who are experienced authors in the field of financial accounting.
The textbook is designed to help students understand the financial statements and their uses, as well as how to analyze, record, and report financial information. The 13th edition of the textbook is expected to have updated content, new examples and case studies, and new ways of presenting the material to make it more accessible to students. Additionally, the textbook comes with MyLab access, which is an online learning platform that provides students with interactive and personalized learning experiences, such as quizzes, simulations, and tutorials. MyLab's access will help students practice and reinforce the concepts learned in the textbook and improve their understanding of the material.
Learn more about financial statement here: brainly.com/question/26240841
#SPJ4
Alex, a physician, renders aid to Burt, who is injuredand unconscious. Alex can recover the cost of the aid from Burt a. only if Burt was aware of the aid. b. only if Burt was not aware of the aid. c. even if Burt was not aware of the aid. d. none of the above.
The answer to this question is c, even though Burt didn't know about the help. In most cases, a doctor providing aid to an injured person is considered an act of charity or goodwill.
It is unlikely that a doctor would be able to recover the cost of a device from an unconscious patient, and regardless of whether the patient knew about the device or not. This means that if a doctor provides assistance to an unconscious patient and the patient was aware of the assistance before falling unconscious, the doctor could recover the costs of the assistance from the patient.
To know more about goodwill click here
https://brainly.com/question/22428604
#SPJ4
Which of the following would be considered an Other Comprehensive Income item? Gainon disposal of discontinued operations Net income Unrealized loss on available for a securities Other revenues and gains
Gain on disposal of discontinued operations would be considered an Other Comprehensive Income item.
Other Comprehensive Income (OCI) is a separate component of a company's equity that includes certain non-recurring items and changes in the value of certain assets and liabilities that are not included in net income. Examples of items that are commonly included in OCI are:Gains and losses on investments in securities that are classified as available-for-sale. Foreign currency translation adjustments. Unrealized gains and losses on certain derivative instruments.Gains or losses from the remeasurement of certain defined benefit pension plans and other post-employment benefit plans.Reclassification adjustments for certain items that were previously included in OCI but are now reclassified to net income.Gains or losses on the disposal of discontinued operations.Net income, unrealized loss on available for sale securities and Other revenues and gains would be considered as part of the income statement which is different from OCI.
To learn more Other Comprehensive Income here:
https://brainly.com/question/14814430
#SPJ4
What type of economic system am I part of?
I currently live in a country with a mixed-market economic system. My state maintains this industrial structure by offering inhabitants a variety of economic opportunities.
What makes a mixed economy crucial?Private placement is permitted in a communist system, encouraging healthy competition and the prospect of profit. Additionally, it promotes the nationalization of the industrial sector, which might help the government achieve its welfare aims.
Why do we use foreign investment?Actually, the Indian government allocates and makes use of resources by encouraging foreign investment. As a result, it can reduce cyclical variations, prevent gaps, and improve production efficiency. Personal property comes first in the guarantee.
To know more about mixed-market visit:
brainly.com/question/17580621
#SPJ4
Toy businesses take advantage of procrastinating consumers by racking up the price of their products right before the year-end holidays when most children get presents. Wise consumers have noted this strategy and have adjusted to it accordingly. Which one of the graphs below depict their economic behavior during the beginning of November just prior to the holiday buying season?
Graph A depict their economic behavior during the beginning of November just prior to the holiday buying season.
What is holiday?
Holiday is a period of time away from work or school, usually spent in relaxation or recreation. It is an opportunity to take a break from the usual routine, to rest and recuperate, and to spend time with family and friends. Holidays can be used for spiritual retreats, sightseeing, or simply to enjoy a change of pace. Holidays can be taken for religious or cultural purposes, or simply for fun and adventure. They can involve travelling to new and exciting places, or simply staying at home and taking the time to appreciate the little things. Holidays can be taken alone or with friends and family, and can be as short or as long as desired.
To learn more about holiday
https://brainly.com/question/15989389
#SPJ4
A 3. 75 percent coupon bond is currently quoted at 88. 3 and has a face value of $1,000. What is the amount of each semi-annual coupon payment if you own four of these bonds
Each semiannual coupon payment on a 3.75 percent coupon bond with a face value of $1,000 is $37.50. If you own four bonds, then the total semiannual coupon payments would be $150.
This means that you would receive a total of $150 every six months that coupon payments are due. Coupon payments are based on a face value of $1,000; so even though the bonds are trading at a discount (88.3 in this case) you still receive a coupon payment of $37.50 per bond semi-annually. Coupon payments are fixed and are not affected by the market price of the bonds.
To know more about coupon bond click here
https://brainly.com/question/18803974
#SPJ4
Sharing information, collaborating, and coordinating resources to jointly manage a process is referred to as _______.
Sharing information, collaborating, and coordinating resources to jointly manage a process is referred to as process integration. Hence, the correct answer is process integration.
What does process integration mean?Process integration encompasses not only the design of new facilities but also retrofit design and the operation of existing systems. According to Nick Hallandale, process integration allows enterprises to make more money from their raw materials and capital assets while also being cleaner and more sustainable.
The major benefit of process integration is that it allows you to look at a system as a whole in order to enhance its design and/or operation. An analytical approach, on the other hand, would aim to enhance or optimize process units independently, without necessarily taking advantage of potential interactions between them.
To learn more about capital assets, click
https://brainly.com/question/22094873
#SPJ4
Which tool is most useful in helping Customer Service support sales strategies
Website
CRM
Remote Desktop:
Contact List
CRM is the tool that helps Customer Service support sales plans the most effectively.
Which tool is the most beneficial for supporting sales strategies through customer service?A CRM system is a crucial tool for providing excellent customer service. A CRM will not only give you the reports you require to keep track of your customer service, but it will also be able to assist you in streamlining and organizing your operations and marketing.
What do customer service CRM tools entail?With the help of a CRM tool, you can manage marketing campaigns, track service issues, identify sales opportunities, and store customer and prospect contact information all in one convenient location. You can also make data about every customer interaction accessible to anyone at your company who might need it.
To know more about Customer Service support visit:-
https://brainly.com/question/14369568
#SPJ1
Which of the following assertions is not correct about themultilateral approach to free trade?
a. The multilateral approach has the potential to result infreer trade than does the unilateral approach.
b The multilateral approach may have a politicaladvantage over the unilateral approach.
c.the multilateral approacvh is simpler than unilateralapproach.
d.NAFTA and GATT are both multilateral approaches to freetrade
The multilateral approach to free trade - c. the multilateral approach is simpler than the unilateral approach is incorrect statement.
a. The multilateral approach has the potential to result in freer trade than does the unilateral approach.This statement is correct, in a multilateral approach, many countries negotiate and agree on trade agreements together thus it has the potential to result in freer trade among all participating countries than would be possible through a series of bilateral agreements.b. The multilateral approach may have a political advantage over the unilateral approach.This statement is correct, as the multilateral approach can provide a global framework for trade and can be seen as more fair and equitable than a series of bilateral agreements that might be perceived as favoring certain countries.d. NAFTA and GATT are both multilateral approaches to free trade.This statement is not correct, NAFTA is a regional trade agreement between Canada, Mexico and the United States, while GATT (General Agreement on Tariffs and Trade) was a multilateral agreement to reduce tariffs and other trade barriers among many countries.
To learn more about multilateral here:
https://brainly.com/question/29770288
#SPJ4
. If a 30 percent change in price causes a 15 percent change in quantity supplied, then the price elasticity of supply is about
Microeconomics Principles (ACTS Equivalency: ECON 2203). Price elasticity is roughly 0.5, and demand is inelastic if a 30% change in price results in a 15% change in the amount delivered.
The breadth and organization of the majority of introductory economics courses are covered in Principles of Economics 2e. Many recent instances are used throughout the course, and they are all treated fairly from a political standpoint.
When price changes result in a disproportionately modest change in the quantity required, there is inelastic demand. For instance, a good with quantity demanded may have a price increase of 30% while only experiencing a 10% decline in demand as a result.
The relationship between the percentage change in a product's quantity demanded and the percentage fixed price is known as price elasticity of demand. It helps economists comprehend how demand and supply shift in response to changes in a product's price.
Learn more about Price elasticity here:
https://brainly.com/question/13565779
#SPJ4
The shoe industry in the current American economy, where many different types and brands are offered, is an example of
A competitive market is demonstrated by the shoe industry inside the current American economy, where a wide variety of types and brands are available.
What is economy?Economy refers to the efficient use of resources and is the production, distribution, and consumption of goods and services in an area or country. It affects how people use and share resources to meet their needs. It is a complex system of interrelated parts, including households, businesses, and governments. It is often divided into categories such as macroeconomics and microeconomics. Macroeconomics deals with the economy as a whole while microeconomics looks at the behavior of individual firms, households, and governments. The economic performance of a country is determined by its economic policies and the level of economic development. Economic growth is the increase in the production of goods and services over time.
To learn more about economy
https://brainly.com/question/27629417
#SPJ4