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Natali [406]
2 years ago
11

Cost-push inflation will reduce supply and lower real output and employment which will eventually generate an economic _____ qui

zlet
Business
1 answer:
monitta2 years ago
8 0

Cost-push inflation will reduce supply and lower real output and employment which will eventually generate an "economic recession".

<h3>What is economic recession?</h3>

The National Bureau of Economic Research (NBER) describes a recession as "a large fall in economic activity distributed across the economy, lasting more than a few months."

Some characteristics of economic recession are-

  • Recessions are marked drops in economic activity that can endure for several months or even years.
  • When a country's economy faces negative gross domestic product (GDP), growing unemployment, declining retail sales, and contraction income and manufacturing metrics over an extended period of time, experts declare a recession.
  • Recessions are regarded as an inevitable component of the economic cycle, or the predictable rhythm of expansion and recession in a country's economy.
  • The organisation bases its decision on a variety of variables, such as GDP, real income, employment, industrial production, and consumer spending.

To know more about economic recession, here

brainly.com/question/1417711

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According to the Porter (1996) article on Strategy, if there were only one ideal position in a market segment, there would be no
Brilliant_brown [7]

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True

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What benefits do you expect to achieve from career exploration?
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6 0
3 years ago
Beginning work in process was $125,000. Manufacturing costs added to production for the month were $835,000. There were $200,000
Nataly_w [17]

Answer:

c. $ 760,000

Explanation:

For computing the cost of goods manufactured, we have to use the formula which is shown below:

Cost of goods manufactured= Beginning work in process + manufacturing cost - ending work in process

= $125,000 + $835,000 - $200,000

= $760,000

Beginning work in process + manufacturing cost is called total work in process for a given period

7 0
3 years ago
Consider the market in which clothing producers operate. Suppose that the price ofthe price of a pair of jeansa pair of jeans ri
Crazy boy [7]

Answer:

D. The supply of jeans is unchanged and the quantity of jeans supplied increases

Explanation:

According to the law of supply if the price of the good increased than the quantity supplied is also increased and vice versa i.e it shows the direct relationship between the quantity supplied and the price

So since the price of the jeans is rises so the quantity supplied is also raised without impact the supply of jeans

Hence, the correct option is D.

3 0
3 years ago
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