The correct answer is "Business Cycle." Economic growth, peaks, economic downturns, and troughs are part of the Business Cycle. It is the downward and upward movement of levels of gross domestic product (GDP) and refers to the period of expansions and contractions in the level of economic activities (business fluctuations<span>) around its long-term growth trend.</span>
Answer:
The correct answer to the following question will be "Values and Norms".
Explanation:
- General values are ideals that determine what is right and what is wrong. Norms are laws and obligation which define how people in different social circumstances should and shouldn't act.
- Norms are set guidelines of conduct and behavior guidelines, while values include principles or expectations about actions, but don't specifically state how to conduct ourselves.
Therefore, this will be the right answer.
Answer:
What characteristics apply to developed countries?
CHARACTERISTICS OF DEVELOPED AND DEVELOPING COUNTRIES.
DEVELOPED COUNTRIES.
High per capita income.
Low incidence of poverty.
High standard of living.
Narrow income inequalities.
Low growth rate of population.
Low level of unemployment.
Explanation:
Answer:
1. Economic Union
2. Autonomous and Sovereign country
Explanation:
The Euro was established on January the 1st in 1999. Its purpose was to unite the countries of the Eastern and Western Europe. But not only that, it's main purpose was to help economically all the countries of the European Union; by having a same monetary system, the economy would flourish and build from it, making each country as strong as everyone else. Besides, all countries within the European Union would be autonomous and the would dictate their own rules; in other words, they would remain sovereign, without having anyone making decisions from the outside.
Answer: True
Explanation: A bust-out refers t a planned bankruptcy. It is a highly coordinated and sophisticated strategy usually in the areas of credit cards. Here, the perpetrators applies for and uses credit under his or her own name,
or uses a synthetic identity, to make transactions while making on-time
payments to build trust and also maintain a good account standing, and over time he request more credit, often higher than the previous requested, with the intent of bouncing a final
huge payment and abandoning the account.
obtains additional lines of credit
. It is also called sleeper fraud.
