Answer: C- Shortage of goods in the South.
Explanation: Sorry if it’s to late
The leading and utmost comprehensive regional free trade area is in europe. A free-trade area is the region surrounding a trade bloc whose associate nations have contracted a free-trade agreement or (FTA). Such arrangements include collaboration among at least two countries to reduce trade barriers import quotas and tariffs and to upsurge trade of goods and services with each other.
Answer:
$1,875
Explanation:
Given that,
Amount of note receivable = $50,000
Time period = 6 month
Interest rate = 9%
Interest amount:
= Principle amount × Interest rate × Time period
= $50,000 × 0.09 × (6/12)
= $2,250
Interest Accrued from 1 August to 31 December :
= (Interest amount ÷ 6 months) × 5 months
= ($2,250 ÷ 6 months) × 5 months
= $375 × 5 months
= $1,875
Answer:
b. a recession
False
Explanation:
Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.
GDP calculated using the expenditure approach = Consumption spending + Investment spending by businesses + Government Spending + Net Export
Real GDP is GDP calculated excluding the effects of inflation.
A recession is defined as a period of negative economic growth. An economy is in recession when the GDP over two consecutive quarters is negative.
Trends in real GDP aren't predictable because factors affecting real GDP aren't predictable.
For example, an unforseen event can suddenly affect the economy and greatly depress either consumption or investment or government spending or even net export.
I hope my answer helps you
Answer:
A. When GDP falls, unemployment rises.
Explanation: