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3 years ago

Which of the following statements about recessions is false?

2 answers:

7 0

The correct answer is choice D-

It not true that a recession is usually no longer than six months. A recession van be longer than 6 months (it takes a 6 months fall in real GDP for a recession to occur), but a recession generally does not last longer than a year. Beyond a year, the situation is much severe, and is called an economic depression.

blsea [12.9K]3 years ago

6 0

The correct answer is D. A recession is usually no longer than six months.

Recession is termed as contraction of business cycle whereby we can say that there is slowdown in economic activities.

Macroeconomic indicators shows that there might be rise in the rate of unemployment, business profit, bankruptcy, capacity utilization, household income and gross domestic product.

When there is bigger spread of spending that is the time when recession occurs. Some events which may trigger to recession include external trade shock, adverse supply shock, financial crisis and bursting of economic bubble.

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Finke Company's employees are paid each Friday for hours worked the previous week. At the end of the accounting period, Finke Co

kolezko [41]

Answer:

d. Claims exchange transaction

Explanation:

Claims exchange transaction -

It refers to any discrepancy in the claims , is referred to as claims exchange transaction .

In this case the claim of one reduces and others increases and hence the total claim remains constant .

Hence , from the given scenario of the question ,

The correct option is d. Claims exchange transaction .

6 0

3 years ago

High beams should be:

AleksAgata [21]

ANSWER = b

Work = All you have to do is process of elimination to eliminate the ones that don’t make sense.

4 0

2 years ago

What a example of a social news site

scoundrel [369]

Explanation:

It encourages people community to post their news
The news can be posted for a group or to a general public too
The group or the general public can comment on the news
The news which is interesting based on the reviews will be given the top priority

Example:

Reddit - A large site with huge number of user

Digg - This is also quite popular and it has different categories of news where the user can view news based on his/her interest.

6 0

3 years ago

A high-school student, mows lawns for families in his neighborhood. the going rate is $12 for each lawn-mowing service. would li

BlackZzzverrR [31]

The event that will happen if he raised his price is If Kyle raises his price he will lose all of his customers. All of the people want to buy product who is low costing because they can save much money and they hate buying things that is so much expensive. The answer to this question is if Kyle raises his price he will lose all of his customers.

6 0

3 years ago

The annual carrying cost for a consumer product is $115, the ordering cost is $1,150, and the annual demand is estimated to be 1

STatiana [176]

Answer:

Store should take the advantage of discount.

Explanation:

Economic order quantity is the level of units ordered which minimize the total cost.

The economic order quantity (EOQ) is computed by applying the following formula

EOQ = [ ( 2DO ) / H ]^1/2

where D = Annual Demand in units = 1,000

S = Setup or ordering cost = $1,150

H = Holding or carrying cost per unit, per year = $115

EOQ = [ ( 2 x 1,000 x $1,150 ) / $115 ]^1/2

EOQ = [ $2,300,000 / $115 ]^1/2

EOQ = 20,000^1/2

EOQ = 141.42 units

Cost of EOQ

Purchasing cost = 1,000 x $810 = $810,000

Ordering cost = (1,000 / 141.42) x $1,150 = $8,132

Carrying cost = ( 141.42 / 2 ) x $115 = $8,132

Total cost = $810,000 + $8,132 + $8,132 = $826,264

Cost of Discount

Purchasing cost = 1,000 x $810 x 80% = $648,000

Ordering cost = (1,000 / 151) x $1,150 = $7,616

Carrying cost = ( 151 / 2 ) x $115 = $8,683

Total cost = $648,000 + $7,616 + $8,683 = $664,299

Store should take the advantage of discount because it incurs lower cost.

4 0

3 years ago