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Elenna [48]
3 years ago
14

What typically happens to non farm payrolls the pmi indicator, and housing starts at the onset of a recession in the united stat

es?
Business
2 answers:
Usimov [2.4K]3 years ago
7 0

I believe the answer is: Nonfarm payrolls go down, the PMI indicator goes DOWN, the housing starts goes down.

During the recession, many businesses would close down its operation and many people would lose their job.

Because of this, the complied numbers of goods produced by company would also decreased (which make nonfarm payrolls go down) , people would make less business purchase due to lack of money (which cause pmi indicators to goes down), and the housing would starts to goes down since there would be less people that have jobs to afford it.

Ivanshal [37]3 years ago
4 0
Non-farm payrolls refer to jobs in the manufacturing sector and other industries that are not farm. As part of its Employment situation report, the U.S Bureau of Labor Statistics releases closed-followed monthly data on nonfarm payrolls, the statistics from the nonfarm payroll also shows which sectors are generating the most employment additions. It measures the change in the number of people employed during the previous month except to the farming industry. At the onset recession, the nonfarm payrolls tend to reduce. The PMI or the Purchasing Managers Index is a measure of the economic health of the manufacturing sector. As stated by an analyst at TD Securities, the point of view for manufacturing is demoralized, and the sector is in recession.
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Which of the following best describes the group development pattern known as punctuated equilibrium?
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Answer:

The answer is B: At the midpoint of the project, members realize that their behavior pattern must change in order to complete the project on time.

Explanation:

Punctuated equilibrium is a concept in both biology and business where long periods of relative stability are often followed by growth spurts.

The punctuated-equilibrium model argues that groups usually move forward during bursts of change after going for long periods without change.

In the answer B, this concept is captured as group members of a project realise somewhere at the midpoint, that their behavior pattern must change in order to complete the project on time.

This shows that a period of relative stability was observed and then a short period of growth will be observed during the project lifecycle. This agrees with the development pattern known as punctuated equilibrium.

4 0
3 years ago
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His income increased dramatically;from$5000 a year to $60,000 a year. Jim decides that instead of using the bus, he would buy a
svet-max [94.6K]

Answer:

This implies that bus is an inferior good and car is a normal good.

Explanation:

Initially, Jim's income was $5000 a year.

As his income increases to $60,000 a year, he decides to buy a car instead of using the bus.  

In other words, with the increase in income, the demand for traveling by bus is declining.  

This implies that it is an inferior good.  

The demand for the car is increasing with an increase in income.  

So, the car is a normal good.  

An inferior good can be defined as a product that shows negative elasticity. This means with an increase in income its demand declines an vice versa.

A normal good can be defined as a product that shows positive income elasticity. That is, its demand increases with rise in income and vice versa.

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3 years ago
The two dimensions of the competing values framework are
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Answer: The two dimensions of the competing values framework are the internal focus and imagination and the flexibility and discretion.

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2 years ago
Suppose a large apartment complex is infested with cockroaches that have never been exposed to glucose-baited poison. a new tena
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3 years ago
The intensity of competition is greater in declining industries in which: a. the product is easy to differentiate. b. exit barri
Oksi-84 [34.3K]

Answer:

b. exit barriers are high

Explanation:

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For instance, cassettes and magnetic tapes industry was in demand until the arrival of more advanced forms such as compact discs and usbs, post which those industries turned into declining industries.

A declining industry with high barriers to exit would experience a greater competition since the barriers would encourage competition instead of withdrawal. And with higher costs of withdrawal, the firms continue producing at negative growth.

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