All categories

1 year ago

Consider an economy at full employment. if consumers and firms become less optimistic about the future economy then:____.

Business

1 answer:

Troyanec [42]1 year ago

7 0

If consumers and firms become less optimistic about the future economy then (C) unemployment will rise.

<h3>What is unemployment?</h3>

Unemployment is the state of being capable of working, actively seeking work, but unable to find any.
It should be noted that in order to be considered unemployed, a person must be an active member of the labor force and actively seeking remunerative work.
Unemployment reduces demand, consumption, and purchasing power, resulting in lower profits for businesses and budget cuts, and workforce reductions.
It starts a vicious cycle that is difficult to break without outside intervention.
Unemployment will rise if consumers and businesses become less optimistic about the future economy.

Therefore, if consumers and firms become less optimistic about the future economy then (C) unemployment will rise.

Know more about unemployment here:

brainly.com/question/305041

#SPJ4

The complete question is shown below:
1. Consider an economy at full employment. If consumers and firms become less optimistic about the future economy then

a) price levels will rise.

b) output will rise.

c) unemployment will rise.

You might be interested in

Which of the following is true? When companies employ push-down accounting:A) the subsidiary revalues assets and liabilities to

kondor19780726 [428]

Answer: The correct answer is A) The subsidiary revalues assets and liabilities to their fair values as of the acquisition date.

Explanation: Push down accounting is used when a company buys another company. This type of accounting revalues the assets and liabilities of the acquired company at a fair value on the date of acquisition.

4 0

2 years ago

Oak Inc. has the following information regarding its assets: Book Value Estimated Cash Flows Fair Value Equipment $35,000 $30,00

ExtremeBDS [4]

Answer:

d. $7,000.

Explanation:

The computation of the loss recorded due to asset impairment is shown below:

= Book value - fair value

= $35,000 - $28,000

= $7,000

If we consider the building and the patent we see that the estimated cash flows are more than the book value, so no loss on impairment should be taken place

Therefore, only $7,000 should be recorded as a loss on impairment of the asset

8 0

2 years ago

The relationship between the natural environment and business organizations can best be described as:_________

Marina86 [1]

The relationship between the natural environment and business organizations can best be described as <u>c. Interdependent.</u>

<h3>What is interdependence?</h3>

Interdependence describes a situation where two entities engage in exchanges for their continued sustenance.

Interdependence exists in many forms and between different organizations.

For instance, the natural environment of a business provides the resources that the organization requires for productivity and profitability.

Similarly, the natural environment utilizes the products and services of business organizations for continued development. Business organizations also protect the natural environment for their self-interest.

Thus, there is an interdependent relationship between the natural environment and the business organizations because one cannot exist sustainably without the other.

Learn more about the interdependence of the natural environment and business organization at brainly.com/question/23479668

#SPJ1

<h3>Question Completion with Answer Options:</h3>

a. A U-shape

b. Insignificant

c. Interdependent

d. Unconnected

6 0

1 year ago

How many credits do you need to be a 11th grader

mina [271]

It really depends on the highschool, we used to have four classes a day, now we have five, before you needed 24-28 to pass and my junior year i had 22 credits now we went to thee 5x5 and have to get a few more credits

3 0

2 years ago

A ______ the supply curve represents a change in supply while a ______ the supply curve represents a change in the quantity supp

Arisa [49]

A <u>shift </u><u>of</u> the supply curve represents a change in supply while a <u>movement </u><u>along</u> the supply curve represents a change in the quantity supplied.

Supply is defined in economics as the total amount of a specified product or service offered to consumers by a supplier at a specified time and price level. This is usually determined by market movements. For example, increased demand may prompt suppliers to increase supply.

In economics, supply is the number of goods that an individual or firm makes available in the market. This refers to the amount you are producing at a particular point in time. For example, if Apple made 100 of its iPhones, that would be the product to be launched. Supply can refer to the quantity available at a particular price or the quantity available across the price range displayed on the chart.

Learn more about Supply here: brainly.com/question/2398546

#SPJ4

7 0

1 year ago