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3 years ago

The inflation rate is decreasing and unemployment is rising. The economy is likely in

Business

2 answers:

dsp733 years ago

6 0

Contraction . Hope this helps

PilotLPTM [1.2K]3 years ago

4 0

Answer:

A. Contraction

Explanation:

According to economic cycles, the economy is in a state of <u>contraction</u>, that is, that this is a period in which economic activity slows down, production and sales levels drop, and consequently companies begin to lay off staff.

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Assume that you just won $35 million in the Florida lottery, and hence the state will pay you 20 annual payments of $1.75 millio

Rus_ich [418]

Answer:

$21.277 million

Explanation:

Data provided in the question:

Amount of lottery won = $35 million

Number of annual payments = 20

Amount of annual payment = $1.75 million

Interest rate = 6%

Now,

Present value of the payment = Payment × Present value factor

Also,

Present value factor = [1 + r]⁻ⁿ

Since the payment started immediately

Therefore,

Base year i.e n = 0

Thus,

we have

Year (n) Annual payment Present value

0 $1.75 million $1.75 million

1 $1.75 million $ 1.650943 million

2 $1.75 million $1.557494 million

3 $1.75 million $1.469334 million

4 $1.75 million $1.386164 million

5 $1.75 million $1.307702 million

6 $1.75 million $1.233681 million

7 $1.75 million $1.16385 million

8 $1.75 million $1.097972 million

9 $1.75 million $1.035822 million

10 $1.75 million $0.977191 million

11 $1.75 million $0.921878 million

12 $1.75 million $0.869696 million

13 $1.75 million $0.820468 million

14 $1.75 million $0.774027 million

15 $1.75 million $0.730214 million

16 $1.75 million $0.688881 million

17 $1.75 million $0.649888 million

18 $1.75 million $0.613102 million

19 $1.75 million $0.578398 million

Hence,

The present value of the winnings = ∑ Present value of payments

= $21.277 million

7 0

3 years ago

In an economic decision making, when the inputs and outputs are fixed, the criterion to use is minimize the input.

Tresset [83]

Answer:

Correct answer is False for economic decision making, when the inputs and outputs are fixed, the criterion to use is minimize the input

Since, both input and output are fixed, the input can’t be decreased. Each of them has to be fixed in directive to vary the association among them. (It can be fixed contribution, or fixed production or neither one of them is fixed)

3 0

3 years ago

Read 2 more answers

Ann Chovies, owner of the Perfect Pasta Pizza Parlor, uses 20 pounds of pepperoni each day in preparing pizzas. Order costs for

coldgirl [10]

Answer:

Option (A) is correct.

Explanation:

Given that,

Order costs for pepperoni = $10.00 per order

Carrying costs = 4 cents per pound per day

Lead time for each order = 3 days

Pepperoni itself costs = $3.00 per pound

Total Order = 80 pounds of pepperoni

Demand rate = 20

Total ordering cost = Total order × cost per order

= 80 × $10

= $800

Length of an order cycle:

$=\frac{Order\ quantity}{Demand\ rate}$

$=\frac{80}{20}$

= 4 days

3 0

3 years ago

Janice is unsure about her future career path. She has grown up on her family farm, but she is also interested in medicine. Jani

ArbitrLikvidat [17]

Instead of joining groups to learn more about the two fields, Janice should job shadow in the medical career and also her family members on the job. By job shadowing, she would get a better feel for what the work environment and everyday life would be like in that career instead of just what some groups teach about the different fields. Medical and farming are two large career fields with any different smaller job opportunities within.

8 0

3 years ago

Read 2 more answers

Holliman Corp. has current liabilities of $407,000, a quick ratio of 1.90, inventory turnover of 4.50, and a current ratio of 3.

Sati [7]

Answer:

Cost of goods will be $4670325

Explanation:

We have given current liabilities = $407000

A quick ratio = 1.90

Current ratio is 3.40 and inventory turnover = 4.50

We know that current ratio is the ratio of current assets and current liabilities