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vichka [17]
1 year ago
8

Refer to Table 8-16. Given the information above, what can we say has happened in the economy from 2019 to 2020

Business
1 answer:
Airida [17]1 year ago
8 0

We can say the price level has risen in the economy from 2019 to 2020.

In the U.S., growth is expected to slow to 2% in 2020 from 2.3% in 2019 and fall further to 1.7% in 2021 (2020 growth compared to October WEO 0.1 percentage point decrease).

Real GDP fell by 3.5% in 2020 (from the 2019 annual level to the 2020 annual level) compared to a 2.2% increase in 2019 (Table 1).

The outbreak led to a sharp contraction in the economy in March 2020, resulting in real GDP contracting by 5.1% annualized in the first quarter and 31.2% in the second quarter.

Learn more about the economy at

brainly.com/question/1106682

#SPJ4

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If the government removes a tax on sellers of a good and imposes the same tax on buyers of the good, then the price paid by buye
svetoff [14.1K]

Answer:

D) not change and the price received by sellers will not change

Explanation:

If the government removes a tax on sellers of a good and imposes the same tax on buyers of the good, the net amount sellers receive doesn't change. The quantity of goods that are sold also remains the same.

So, price paid by buyers will not change and the price received by sellers will also not change

4 0
3 years ago
Vessels Corporation's net income for the most recent year was $2,532,000. A total of 200,000 shares of common stock and 200,000
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  • The earnings per share of common stock is closest to

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Explanation:

To find the Price-Earning Ratio first, it's necessary to deduct from the Net Income the part corresponding to Preferred Stock,

which is , $2,532,000 - (200,000*1,25= $250,000) = $2,282,000

Then we calculate the Earning/Share Ratio : $2,282,000/200,000 = 11,41

Shares of Common stock outstanding    200.000     

Shares of Preferred stock outstanding    200.000*$1,25 = $250.000  

NET INCOME Available    $2,282,000  = $ 2,532,000  - $250,000

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3 years ago
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Hence, when using industry averages, it is often necessary to use an industry that the firm best fits rather than randomly picking up any industry. Additionally, the analysis of an organization's financial statements would be more meaningful if the results are compared with industry averages and with results of competitors.

Any financial service sought after, should use its best judgment by analyzing and identifying which industry the firm best fits.

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Explanation:

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