If an economy is experiencing a cyclical downturn and output does not return to the secular growth trend, the economy is said to be experiencing structural stagnation.
<h3>What is structural stagnation?</h3>
This stagnation is attached to economies that are matured and it occurs when growth rate do the economy decreases rather than increasing.
The population may be decreasing and yet the country is experiencing stagnation.
Therefore, If an economy is experiencing a cyclical downturn and output does not return to the secular growth trend, the economy is said to be experiencing structural stagnation.
Learn more on stagnation below,
brainly.com/question/1247282
#SPJ12
Answer:
The basic difference between both are explained below.
Explanation:
Explicit collusion is where firms meet and agree to charge the same price, and an example of implicit collusion is price leadership. Unlike explicit collusion, implicit collusion unlike explicit collusion, implicit collusion is where firms signal to each other without actually meeting and agreeing to charge the same price.
Unlike explicit collusion, wherever the occurrence of an accommodation that would lend ammunition for an antitrust court case might be unscrewed, implied collusion is challenging to document as well as to verify. Implicit collusion frequently seems to be nothing more than all firms individually responding to shifting market circumstances.
The text states, “inflation is a type of tax.” This tax refers to the lower purchasing power of money when inflation occurs.
Answer:
C. the lower purchasing power of money
Answer:
8,100 units
Explanation:
The computation of the break-even point in unit sales is shown below:-
Break-even sales in units = Fixed cost ÷ Contribution margin per unit
where,
Contribution margin per unit = Selling price per unit - variable cost per unit
= ($180,000 ÷ 9,000) - ($117,000 ÷ 9000)
= $20 - $13
= $7
Now the break even unit sales is
= $56,700 ÷ $7
= 8,100 units
