During a recession, the way that governments try to encourage growth is : increasing unemployment benefits
During
a recession, a number of unemployment will rapidly increased ( almost a
third of citizen could be jobless). In order to handle this, government
could increase unemployment benefit so the unemployed people have
enough to scrapped by until the recession is over or started a new
business.
Answer:
Rate lock agreement
Explanation:
A rate lock agreement is that exist between the borrower and lender where the borrower is allowed to lock the interest rate on a loan based on prevailing rate for a certain period of time.
This provision protects the borrower from a future rise in interest rate.
Once interest bid locked it is binding on the lender and borrower despite changes in the market interest rate.
However if interest rate falls the borrower may have the opportunity to withdraw the agreement.
According to the Law of Demand, "there is an<u> INVERSE relationship </u><u>between price and quantity demanded</u>".
The claim is completely false because "price and quantity demanded are related" is NOT how the law of demand works.
Demand is the amount that households pay for the goods and services that businesses produce. Demand is only referred to as such by economists if it is supported by the ability to pay for a good or service.
While changes in all other factors will also cause parallel shifts in the demand curve, changes in price will cause the demand curve to move along with them.
Learn what happens to the quantity demanded of a good as the price of it rises: brainly.com/question/10782448
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900.00 is the answer if you mean the cost for all
Answer:
the bad debt expense is $900
Explanation:
The computation of the bad debt expense is shown below:
bad debt expense is
= Written off amount + estimated uncollectible amount at the year end
= $650 + $250
= $900
We simply added the above two items so that the amount of the bad debts for the first year could come
Hence, the bad debt expense is $900