a recession is usually 9 to 18 months
Answer:
The retained earnings should Quartz report at December 31, 2018 is $570,000
Explanation:
In this question, we apply the retained earnings equation which is shown below:
Ending retained earnings balance = Beginning retained earning balance + net income - dividend paid
= $390,000 + $220,000 - $40,000
= $570,000
The net income should be added while dividend should be deducted for finding out the ending retained earnings balance
Answer:
a. Increased consumption , which shifts the aggregate-demand curve right.
Explanation:
When there is a boom in stockmarket which makes people wealthier, people's consumption would increase because of the desire and availability of money to purchase goods, which results in demand curve shifting right.
The boom in the stockmarket means people investment has appreciated hence are able to save and increase their consumption spending.
A shift in demand curve to the right means an increase in the quantity demand of goods and services while a shift in demand curve left means a decrease in the quantity demand of goods and services.
Other factor that could cause increased consumption and shifts in aggregate demand curve right is tax decrease. Tax is a compulsory levy imposed on an individual or an organization by the government.
When there is a tax decrease, people would be able to save more thus increase their desire to consume more hence demand curve would shift to the right.
Answer:
The mean of the data is: 7.857
b) Yes the process is in control since all values in data set lie between the UCL and LCL.
Explanation:
Find attached the solution
Answer:
a. Reserve requirement
Explanation:
As we know that the bank must hold the money percentage of the deposits made in cash as per the federal reserve so the same we called as a reserve requirement.
It is mandatory to keep the specific percentage for particular times
Therefore as per the given situation, the option a is correct
And, all the other options are incorrect