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1 year ago

During the deep recessions of the early 1980s and of 2007-2009, unemployment reached roughly __________.

1 answer:

5 0

when the nation went through a deep recession in the early 1980s and 2007-2009, the unemployment rate reached A. 10%.

<h3>what was the unemployment rate in 2007-2009?</h3>

after the disastrous Great Recession started in late 2007, companies were forced to terminate people's contracts to stay afloat.

this led to unemployment reaching levels of around 10% of the labor force. This had not been seen in the U.S. since the early 1980s.

options for this question include:

A. 10%. B. 20%. C. 30%. D. 40%.

find out more on the recession of 2008 at

#SPJ1

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What is meant by the term "piercing the corporate veil"?select one:a.corporate directors and/or officers may be held personally

disa [49]

<span>Typically, a corporation is considered to be a unique and seperate entity from it's Board Directors and Shareholders. "Piercing the corporate veil" is the act of legally holding those Directors or Shareholders personally liable and responsible for the Corporation's actions or liabilities.</span>

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2 years ago

Select the correct answer from the drop-down menu

iragen [17]

Answer:

What to produce?

Explanation:

A society has to make choices in order to meet the diverse needs of its members. The resources available in all economies are insufficient to meet all needs. Because of this scarcity, a society has to make informed decisions on what to produce at any given.

Societies make choices on what to produce with the available resource. In every decision, there is a sacrifice to be made.

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3 years ago

Describe the difference between a fixed-quantity (Q) and a fixed-period (P) inventory systems and provide an example for each.

sergeinik [125]

Answer and Explanation:

The fixed quantity inventory system, the quantity of an order or the lot size is fixed in nature i.e. the similar amount means the quantity is ordered each and every time. It could be managed by continonusly watching the level of inventory. Example - economic order quantity

On the other hand, the fixed period inventory system is a system in which the inventory is to be checked at fixed inventory. It is same as the periodic reveiw system instead of the continuous basis. Example - drugstore

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3 years ago

The perfectly competitive price and output level occur where

jasenka [17]

Answer:

It occur where MR = MC

Explanation:

Perfectly competitive organization or firm is the one who is price taker, which states that they must accept the price at which it sells the goods to consumer.

In a firm that is a perfectly competitive, the level of output as well as the price happen where the Marginal Cost is equal to the Marginal Revenue.

It is stated as MR = MC.

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2 years ago

Prior to adjustment at August 31, Salary Expense has a debit balance of $322,200. Salaries owed but not paid as of the same date

Phantasy [73]

Explanation:

The Journal entry is shown below:-

a. Salary Expense Dr, $2,550

To salaries payable $2,550

(Being accrual of salary is recorded)

b. Income summary Dr, $324,750

To Salary expense $324,750

($322,200 + $2,550)

(Being closing of salary expense is recorded)

4 0

3 years ago