Answer:
<em>a. Housing prices are down. </em>
<em>c. Less demand means more options for buyers.</em>
<em> d. Less demand means less competition with other buyers.</em>
Explanation:
During a <em>recession</em> in the economy, the <em>aggregate demand</em> is on a lower side. This makes the housing prices lower. Lower prices due to lower demand, imply more options for the buyers. Lower demand indicates less competition with other buyers for a buyer.
Hence, all (a), (c) & (d) are the main solutions to the problem, that's why it's easier to get a mortgage.
Answer:
Answer = B
Explanation:
If nit many people want a product the seller would lower the price to make it seem like a bargain or make it more affordable
Answer:
c used goods were included in the GDP calculation
Explanation:
Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.
GDP calculated using the expenditure approach = Consumption spending + Investment spending + Government Spending + Net Export
If used goods are included in the calculation of GDP, it would be double counting because the good would have been included in the calculation of GDP when it was newly produced.
I hope my answer helps you
Answer:
Time taken will be 31.35 days
Explanation:
We have given account receivable = $391648
Credit sales for the year = $5338411
Number of days in an year = 365 days
We have to find the time taken on average for credit customers to pay off their accounts during the past year
Time taken is given by 