Automobile producer would see profit reduced the most and janitorial services would be least affected.
<u>Explanation:</u>
Recession is one of the phases of the trade cycle. In this phase of the trade cycle, there is downfall in the production, consumption, investment and saving in the economy. The growth rate of the economy sees a downfall in this phase.
Among the examples given here, automobile producer is the firm which would be one of the most affected company during the time of recession because it is not something essential but luxury.
Answer:
The answer is: Primary data
Explanation:
Primary data is data collected by a company (or a research firm working for them) from first hand sources: e.g. surveys, interviews, polls, experiments.
The difference with secondary data is that it was collected specifically for the research project, which makes it more expensive also. While secondary is collected by someone else for another purpose or more general purposes like UN's or a university's research.
<span>Formula of Comound Interest will help you. Here is the formula :
So : savings you placed
Sf : savings you get after years
r : rate
n : years
Sf = So x (1+r)^n
Here we try to get "n" so that Sf = 2So.
"n" is a math power, if you want to get it, you should use Logarithm and transform the equation :
Sf - So = (1+r)^n
Then, you isolate "n" and by doing that, every other equation's terms will be expressed in Logarythm :
n = (log sf - log so) / (log 1 + r)
Example : you have 10$, you want 20$ with 7.2% interest (Any other amount will match) :
n = (log 20 - log 10) / (log 1.072)
n = 0.301029 / 0.030195
n = 9.9696
You will need 9.9696 years. So (0.9696*365)/1 = 9 years, 11 months and 19 days.</span>
Natalie is a Certified Management Accountant after getting a certification from the Institute of Management Accountants.
<h3>What is a CMA course?</h3>
CMA is a professional course of studying in advanced management accounting. After completing this course, an individual is known to be a Certified Management Accountant.
The Institute of Management Accountants is an independent body that issues a certification relating to advanced accounting. It is a globally acceptable professional degree issued to an individual who clears all the examinations under CMA course.
Therefore, after getting the certification from IMA she is known to be a CMA, that is, Certified Management Accountant.
Learn more about the CMA course in the related link:
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Answer:B. It's not a good idea. Eliminating or limiting the amount of deposit insurance would help increase the moral hazards of excessive risk taking on the parts of bank. It would however make banks failures and panics more likely.
Explanation:
The elimination would increase risk taken and bank failures, when there is no coverage for failures.