Answer:
yes
Explanation:
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Answer:
D. Net income of $150,000
Explanation:
$705,000 + X - $30,000 = $825,000
X = $150,000
Answer:
A) Web-based e-mail accounts, private bank records, tax returns, and brokerage records.
Explanation:
Generally a third party needs a court order (subpoena) in order to obtain private information, but that information is extremely useful when you are investigating possible frauds or other illegal activity. For example, most people keep their money on a bank or they invest it some type of asset, so if you want to compare someone's earnings vs. the total assets he/she possesses, access to their bank account, tax and brokerage records is crucial.
Answer:
C the economy remains in a contraction for two quarters.
Explanation:
A recession is a period characterized by a decline in the level of economic activities. A decrease in the GDP value indicates the slowing down of economic activities. Should be GDP value decline for two or more consecutive quarters, the economy is said to be in a recession. Slowing down or decline in economic activities is referred to as contraction.
During a recession, the level of unemployment rises, demand for goods and services reduces, and income levels also decline. Recessions usually last between six to eighteen months. A prolonged recession results in depression.
