Answer:
Currently the price of homes has exceeded the 2006 peak, just before the housing bubble burst. The price index has increased more than 40% since 2012.
It has been many years now of a strong economy, with an economic expansion lasting for 11 years (since June 2009), which is actually record breaking. A lot of economists were expecting a recession soon, with the current health crisis not helping, and the recession finally arrived on June 2020.
The combination of historically high prices for homes and an economic recession can be very hurtful. The advantage of the current situation is that the level of delinquent or subprime mortgages is currently much lower than 14 years ago. Actually, the amount of debt per household has decreased since 2006, and is quite stable right now at moderate or low levels. Many households spent much of the past years paying off debt, so they didn't have time to take new debt.
If the recession gets worse, a price correction will be inevitable, but it wouldn't be as large as the 2007 decrease. Only in a few cities in California, Washington, Nevada and Oregon can you find situations similar to 2006, where a strong supply hasn't been enough to balance the prices due to a stronger demand and high mortgage debt. But even there, the situation will not be as bad.
Answer:
20m/s due east
Explanation:
Given parameters:
Displacement = 180m due east
Time taken = 9s
Unknown:
Average velocity of the truck = ?
Solution:
The average velocity is the displacement divided by the time taken;
Average velocity = 
Insert the parameters and solve;
Average velocity = 
= 20m/s due east
Answer:
2,558,000 bottles
Explanation:
The formula for computation of the purchase is:
Purchase in units = Usage + Desired ending material inventory units − Beginning inventory units.
In format that will be:
Beginning inventory 54,000
Plus: Purchases.........2,558,000
Less:ending inventory <u>77,000</u>
Required For Use......<u>2,535,000</u>
Hence the number of bottles to be purchased in 2018 is 2,558,000
Answer:
Increased
Explanation:
In the case when there is a fall in the potential output and at the same time the actual output remains the same so here the fund rate should be increased as per the taylor rule as it decrease the output that result in the output gap to fall
So as per the given situation, the fed fund rate should be increased
Hence, the same is to be increased
Answer:
A Journal entry for Brooks Incorporation on January 1, 2019 which is shown below
Explanation:
Solution
Given that:
JOURNAL ENTRY FOR BROOKS INCORPORATION
Date General Journal Debit Credit
Jan 01 2019 Cash 90000
Notes Payable 90000
Thus
A Journal entry was recorded for Brooks Incorporation.
Here, the cash of $90,000 was recorded at the debit side of the Journal.
While the notes payable of $90,000 was also recorded on the credit side
