1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Aleonysh [2.5K]
4 years ago
14

During a recessionary period, which of the following economic behavior would be expected? Consumer would switch from premium bra

nds to lower-priced ones. Consumer use of credit would increase. Taxes would increase nationally. Property values would jump dramatically. Consumers would use the majority of their discretionary income on groceries.
Business
1 answer:
Kisachek [45]4 years ago
6 0

Answer:

Consumer would switch from premium brands to lower-priced ones

Explanation:

On recession the income lowers.

Based on the lower income, the consumers will switch from normal goods to inferior goods. Thus, the inferior goods demand increase as the income lower's.

The taxes won't increase as, the lower income will decrease the tax collected.

The property value will decrease, not increase as there is less demand for real state.

If if this discretionary income then, it is assigned to none. It will be asigned to anything the consumer wants to.

You might be interested in
The pursuit of only a singular, substantive goal often tends to support the choice of a competitive strategy.
skad [1K]
The pursuit of only a singular<span>, </span>substantive goal often tends to support the choice of a competitive strategy<span>. True.</span>
4 0
3 years ago
Read 2 more answers
The following data relate to product no. 89 of Des Moines Corporation: Direct material standard: 3 square feet at $2.40 per squa
Andru [333]

Answer:

Direct material quantity variance

= (Standard quantity - Actual quantity) x Standard price

= (27,600 - 28,100) x $2.40

= $1,200(A)

Standard quantity

= 3 square feet x 9,200 units

= 27,600 square feet

Explanation:

Direct material quantity variance is the difference between standard quantity and actual quantity used multiplied by standard price.

Standard quantity is obtained by multiplying the standard quantity per unit ( 3 square feet) by actual units completed (9,200 units).

4 0
3 years ago
What are some things to look for when choosing a credit card? what does the video suggest about credit cards?
algol13
Where is the video? I can't see it.
6 0
3 years ago
The owner of a rare manuscript and a collector entered into a written agreement for the sale of the manuscript at a price of $7,
Vikentia [17]

Answer: <u><em>The court should rule in favor of the collector, because in this case the restitution are an competent rectification for the individual.  </em></u>

In broad terms, particular performance is not available as a rectification for breach of a agreement when restitution are an adequate rectification for the non breaching organization.  

5 0
3 years ago
Read 2 more answers
Internal control in technologically advanced accounting systems depends more on the design and operation of the information syst
QveST [7]

Answer:

The answer is T that is  (True)

Explanation:

First of all, we need to understand that internal control in technology advanced accounting system are designed policies and procedures integrated into the system to give it integrity and reliability.

The purpose are mainly to curb but not limited to issues like fraud, generating timely and effective reporting, reassuring investors, give a forensic over view of business operation success and proactively identify financial challenges.

The internal controls in advanced accounting can either be preventative, consequentially deterring fraud and mistakes, or detective, consequentially identifying challenges after they have occurred

This two aforementioned objective of the internal control in technology advanced accounting are embedded in the design and operation of the system stage, thereby confirming the statement to be true that Internal control in technologically advanced accounting systems depends more on the design and operation of the information system and less on the analysis of its resulting documents

6 0
4 years ago
Other questions:
  • If the M1 multiplier is 3 and the Fed engages in open-market purchases in the amount of $3 billion, then monetary base will Grou
    10·1 answer
  • How do general partnerships and limited partnerships differ?
    8·1 answer
  • Explain the result of the violation of patent protection illustrated in the scenario below.
    8·1 answer
  • In participative management, workers __________. employee empowerment calls for workers to __________.
    7·1 answer
  • Stagflation might be caused by a increase in the money supply. b increase in the price of raw materials. c decrease in the money
    9·1 answer
  • The ability of unions to achieve key goals in the future will depend on their ability to Multiple Choice A) reestablish their ba
    14·2 answers
  • An annual payment bond has a 9 percent required return. Interest rates are projected to fall 25 basis points. The bond's duratio
    14·2 answers
  • A SWOT analysis provides organizational strategists with key information and a realistic assessment and understanding of both th
    5·1 answer
  • If customer satisfaction does not always lead to customer loyalty, firms may need to focus additional effort on _____ strategies
    8·1 answer
  • Real estate competes for ______ in the capital market.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!