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4vir4ik [10]
2 years ago
12

In general, economists define a recession as ______ or more consecutive three-month periods of decline in a country's gdp.

Business
1 answer:
Lelu [443]2 years ago
3 0

In general, economists define a recession as TWO or more consecutive three-month periods of decline in a country's GDP.

This is further explained below.

<h3>What is GDP?</h3>

Generally, Economists, in general, agree that a nation is considered to be in a recession when its GDP has decreased for TWO or more consecutive periods of three months.

In conclusion, The gross domestic product (GDP) of a nation is a monetary measurement that is based on the market value of all of the final products and services that are produced in that nation during a certain time period.

Before being regarded as a trustworthy indication, this measure often undergoes revision because of the complexity and subjectivity inherent in its design.

Read more about GDP

brainly.com/question/15682765

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Explanation:

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6 0
3 years ago
A _______ is a ruling by the court that no trial is necessary because there are no essential facts in dispute. long-arm statute
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Answer:

The correct answer would be option B, Summary Judgement.

Explanation:

A summary judgement is a ruling passed by the courts that no trial is necessary because there are no essential facts in dispute. The purpose of trial is to determine the facts other the case; that is, to decide who did what to whom, why, when and with what consequences. So if there is no essential evidence or facts about the dispute, the court has the right to stop the trial and either dismiss the case or orders to provide the evidence all over again if any.

5 0
4 years ago
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The discount rate is the interest rate on loans that the Federal Reserve makes to banks. Banks occasionally borrow from the Fede
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Answer:

Explanation:

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4 0
3 years ago
What is a disaster?
Paladinen [302]

Answer:

Any event or occurrence that can have a detrimental effect on an organization either in whole or in part-B

Explanation:

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Technology-related hazards power and equipment failure.) Causing detrimental effect to buisnesses.

Disasters especially natural disasters can happen suddenly affecting a buisness tremendously. Therefore business owners need to be prepared by having a backup plan in place. For example substitute work site, or good insurance can go a long way in cushioning the effects of some disasters.

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8 0
4 years ago
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(Ignore income taxes in this problem.) The management of Stanforth Corporation is investigating automating a process. Old equipm
solniwko [45]

The simple rate of return on the investment is closest to: <u>34.5%</u>

<u>Explanation</u>:

<em><u>Given</u></em>:

Current salvage value = $15,000

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The simple rate of return on the investment is closest to: 34.5%

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