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iragen [17]
4 years ago
14

During the 1920s, the Federal Reserve increased the money supply and kept interest rates very low, encouraging consumer spending

and the brisk borrowing of money. Business investment and the expansion of businesses grew rapidly during the 1920 to meet the needs of this huge consumer spending. However, during the Crash of 1929, the Federal Reserve reversed its expansionary monetary policy and cut off the money supply by almost 30%, causing banks to not have enough currency on hand when depositors wanted their hard-earned money. After reading the prompt, what can you surmise happened next that contributed to the Great Depression? A) Black Tuesday B) collapse of banks C) high unemployment D) election of Franklin D. Roosevelt
Business
1 answer:
mylen [45]4 years ago
6 0

<u>Answer:</u>

The correct answer is option  C - high unemployment

<u>Explanation:</u>

There was no money or funds left for business to rise and for development when the supply of funds was cut off totally, and this thing led the organizations to cut the jobs. Continuing this to snowball, within the nation, inflation was at its peak, many jobs were disappeared and the result of which caused to the economy and put it to halt.

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P &amp; G Auto Parts sells parts to AAA Car Repair during 2018. P&amp;G offers rebates of 2% on purchases up to $60,000 and 3% o
nirvana33 [79]

Answer:

c. credit to Sales Revenue for $72,380.

Explanation:

Since AAA Car Repair's total purchases exceed $200,000 for the year, they are eligible for the 3% rebate on purchases above $60,000. Only the fraction of the purchase over $60,000 should get the 3% rebate, the first $60,000 get the 2% rate.

Therefore, the total sales amount recorded by P & G Auto Parts by selling $74,000 of parts to AAA is:

S=(1-0.02)*\$60 + (1-0.03)*(\$74-\$60)\\S=\$72.38

There should be a credit to Sales Revenue for $72,380.

5 0
4 years ago
The ultimate source of an organization's culture is Group of answer choices A. Its top management Its environment B. The country
Iteru [2.4K]

Answer:

The correct answer is C

Explanation:

Organizational culture is the culture or the system of the shared beliefs, assumptions and values, that governs the people or employees behave in the organization. And these shared values or beliefs have a very strong impact on the people in the organization.

The ultimate and final source of the organization culture is the founders of the organization as they dictate on how they should act, perform their jobs and dress.

4 0
3 years ago
For what reason may an employer legally NOT hire an applicant?
Andru [333]

<u>Answer:</u> Option C

<u>Explanation:</u>

The applicant might not possess the skills required to do the job or he may not be able to meet the number of working hours required by the company. In this case the employer is not under pressure to recruit that employee. Employer cannot reject any applicant for the reason of applicant's disability, age as 55 years or based on the nationality.

Labor standard act needs to be meet by the employer to hire legally or the employer will have to face the legal consequences.

4 0
4 years ago
Read 2 more answers
What do some unethical job candidates do to alter their employment dates? List how many weeks instead of months that they worked
vaieri [72.5K]

Answer:Extend dates of employment to cover up periods of unemployment.

Explanation: Unethical practices are practices which are not confirming with moral Behaviors,they include shady practices to cover up certain conditions or abnormally which they feel will hinder them from achieving certain goals or targets.

Most Unethical candidates will go as far as extending their employment history to cover up for periods of unemployment,just for the selfish gains of getting employed.

4 0
3 years ago
Which of the following statements is true of Gap 3 in the GAP model?
Westkost [7]

Answer:

d. It recognizes that manufacturing and service delivery systems must execute quality specifications well.

Explanation:

GAP provides for better performance and accounting standards.

Whether manufacturing unit, or a unit of providing service, it establishes some standards which need to be complied with. Accordingly one of the standard requires the units to have quality specifications. This means that the manufacturing units along with units providing service shall not only consider for increasing their revenue, but also increase the quality provided by them.

5 0
3 years ago
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