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2 years ago

According to the concept of persistence in the rate of growth, if the economy this quarter, it will ____________.

Business

1 answer:

mojhsa [17]2 years ago

8 0

Answer:

Likely contract next quarter.

<h3>What is it called when real GDP continues to increase quarter after quarter?</h3>

Expansion is the phase of the business cycle where the real gross domestic product (GDP) grows for two or more consecutive quarters, moving from a trough to a peak.
Expansion is typically accompanied by a rise in employment, consumer confidence, and equity markets and is also referred to as an economic recovery.

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to brainly.com/question/24448358

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Bill wants to give Maria a $630,000 gift in 3 years. If money is worth 6% compounded semiannually, what is Maria's gift worth to

olga_2 [115]

Answer:

$527,615.08

Explanation:

The formula that describes the present value of an investment compounded semiannually is:

$PV = \frac{FV}{(1+\frac{r}{2}^{(2*t)})}$

For a future value of $630,000 obtained at a 6% annual rate for 3 years, the present value is:

$PV = \frac{630,000}{(1+\frac{6}{2}^{(2*3)})}\\PV=\$527,615.08$

Maria's gift is worth $527,615.08 today.

5 0

3 years ago

For each of the items indicate whether its amount affects the bank or book side of a bank reconciliation and is an addition or a

gulaghasi [49]

Answer:

The correct answer is:

a) Unrecorded deposits : bank addition

b) Interest on cash balance : book addition

c) Bank service charges : book subtraction

d) Debit memos : book subtraction

e) Outstanding Checks : bank subraction

f) Credit memos : book addition

g) NSF checks : book subtraction

Do unrecorded deposits require an adjusting journal entry? No

Does interest on cash balance require an adjusting journal entry? Yes

Do bank service charges require an adjusting journal entry? Yes

Do debit memos require an adjusting journal entry? Yes

Do outstanding checks require an adjusting journal entry? No

Do credit memos require an adjusting journal entry? Yes

Do NSF checks require an adjusting journal entry? Yes

8 0

4 years ago

Read 2 more answers

How would you best describe a manufacturing employee who has lost his job because he was replaced by a robot (new technology) an

Fynjy0 [20]

The manufacturing employee who has lost his job because he was replaced by a robot and does not have the skills necessary to help operate the robot can be best described as "structurally unemployed".

<h3>What is new technology?</h3>

Any set of productive techniques which offers a significant improvement (whether measured in terms of increased output or savings in costs) over the established technology for a given process in a specific historical context is termed as new technology.

Artificial Intelligence, or AI, has already received a lot of buzz in the past decade, but it continues to be one of the new technology trends because of its notable effects on how we live, work and play are only in the early stages.

Learn more about new technology here,

brainly.com/question/18698285

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7 0

2 years ago

On June 1, Oriole Company Ltd. borrows $100,000 from Acme Bank on a 6-month, $100,000, 6% note. The note matures on December 1.

gizmo_the_mogwai [7]

Answer:

<u>Journal Entry :</u>

Bank $100,000 (debit)

Note Payable : Acme Bank (credit)

Explanation:

In Oriole Company Ltd books the following entries must be made :

The assets of cash should be increase (debit) at the same time, the liabilities arising on the Note Payable must also increase (credit).

8 0

3 years ago

State chartered banks are required to become members of the federal reserve system.

alex41 [277]

I think that any bank or incorporated banking institutions involved can become members.

3 0

4 years ago