All categories

3 years ago

A recession is a period of significant, widespread declines in:

Business

1 answer:

Harrizon [31]3 years ago

6 0

Answer:

Letter B. real income and employment.

Explanation:

Economic cycles describe the fluctuations that occur in income and employment in the economic system. This cycle may be one of expansion, a lasting movement of real income and employment growth, or it may be of recession, where the economic economy presents a significant and widespread decline in real income and employment. For example, the 2008 crisis has caused recession in many countries, leading to a fall in real income and employment.

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An increase in the price of bread produced domestically will be reflected in:

Zina [86]

The increase will reflect in the GDP deflator and the Consumer price index.

The GDP Deflator is used to measure the level of prices of all new and domestically produced goods and services in an economy.

So, when there is an increase in price, the nominal GDP (Increased), so the GDP deflator Increased as well.

Consumer Price index is used to measure the inflated price of goods and services which are faced by all consumer households.

So, when there is an increase in price, there is change in CPI .

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brainly.com/question/14868990

3 0

2 years ago

In what category is the purchase of a computer by a person for household use in national income accounting, that is, in how we c

Nataliya [291]

Answer:

is counted in C, personal consumption

Explanation:

GDP = Consumption spending + Investment spending + Government Spending + Net Export

Consumption spending is all spending by households on services and goods which could be either durable or non durable goods.

Investment is spending by businesses.

I hope my answer helps you

6 0

3 years ago

Whole Nature Foods sells a gluten-free product for which the annual demand is 5000 boxes. At the moment it is paying $6.40 for e

prisoha [69]

Answer:

the answer is =32291.67.

The firm should take the advantage of the new quantity as the total cost is lesser as compared with the old supplier. the firm can save $340 by approximately taking the advantage of the new quantity discount.

Explanation:

Solution

Given that:

The Annual demand D = 5000 boxes

The Cost C = $6.4 per each box

The Carrying cost H = 25% of the unit cost = 0.25*6.4 = 1.6

The ordering costs S = $25.00

Now,

EOQ =√2DS/H

EOQ =√(2*5000 * 25)/1.6

Thus,

EOQ =Q = 395.28

The Total cost = DC + (Q/2)H + (D/Q)S

= 5000*6.4 + (395.28 /2) 1.6 + (5000/395.28)25

Then,

T = 32000 + 316.23 + 316.23

= 32632.46

So,

The new supplier has offered to sell the same item for the amount of $6.00 if Q = 3,000 boxes

Hence,

The total cost = 5000 * 6 + (3000/2)1.5 + (5000/3000)25

= 30000 + 2250 + 41.67

= 32291.67

Therefore, The firm should take the advantage of the new quantity as the total cost is lesser as compared with the old supplier. the firm can save $340 by approximately taking the advantage of the new quantity discount.

7 0

3 years ago

Gross income includes_____________.a) all income from whatever source derived unless excluded by awb) excluded incomec) deferred

babymother [125]

Answer:

The correct answer is letter "A": all income from whatever source derived unless excluded by law.

Explanation:

Gross income is the total income of a person before taxes and other changes. Gross income is the basis for determining the taxes an individual has to pay. Gross income is the sum of a person's salary, wages, tips, capital gains, dividends, interest, rents, pensions, and alimony.

The tax definition of Gross Income states it represents all income of individuals regardless of the source derived except those excluded by law.

8 0

3 years ago

Last year, a women's professional organization made two small-business loans totaling $23,000 to young women beginning their own

Fittoniya [83]

Answer:

a. Loan amount at 9%=5,000

b. Loan amount at 11%=$18,000

Explanation:

To determine the amount of each loan amount, first we need to derive the following equations;

Step 1: Determine loan amount at 9%

Total Interest=Interest from 9%+interest from 11%

where;

Total interest=$2,430

Interest from 9%=principal amount at 9%×interest rate×number of years

Interest from 11%=principal amount at 11%×interest rate×number of years

and;

Principal amount at 9%=x, interest rate=9/100=0.09, number of years=1

Principal amount at 11%=23,000-x, interest rate=11/100=0.11, number of years=1

replacing;

2,430=(x×0.09×1)+0.11(23,000-x)

2,430=0.09 x+2,530-0.11 x

(0.11 x-0.09 x)=2,530-2,430

0.02 x=100

x=100/0.02

x=5,000

Loan amount at 9%=5,000

Step 2: Determine loan amount at 11%

Use the expression below to determine the loan amount at 11%;

Loan amount at 11%=Total loan amount-loan amount at 9%

where;

Loan amount at 11%=unknown, to be determined

Total loan amount=$23,000

Loan amount at 9%=$5,000

replacing;

Loan amount at 11%=23,000-5,000=$18,000

Loan amount at 11%=$18,000

3 0

3 years ago