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antoniya [11.8K]
4 years ago
7

Which of the following groups declares the start and end of recessions in the U.S.? rev: 05_30_2018 Multiple Choice The Business

Cycle Tracking Agency of the Department of Commerce. The Business Cycle Dating Committee of the National Bureau of Economic Research. The Business Cycle Monitoring Committee of the Federal Reserve System. The Committee on Business Cycles of the Council of Economic Advisers
Business
1 answer:
antiseptic1488 [7]4 years ago
4 0

Answer: The Business Cycle Dating Committee of the National Bureau of Economic Research.

Explanation:

The Business Cycle Dating Committee under the National Bureau of Economic Research are tasked with declaring the beginnings and the endings of the Business cycle. They do this by reviewing Economic wide measures especially GDP to see if prevailing conditions are still ongoing.

To declare a Recession, the Economy would have to be experiencing a significant downward trend in widespread economic activity reduction over more than a couple of months but for a Recession to be declared as over and back to a Peak, it might take longer than that.

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Andre's Dog House had current assets of $67,200 and current liabilities of $71,100 last year. This year, the current assets are
e-lub [12.9K]

Answer:

$1400

Explanation:

Net working capital is obtained by subtracting total current liabilities from total current assets.  Current assets and liabilities are expected to be used or paid within one year.

Change in net working capital would be the change in current assets - change in current liabilities.

last year  current assets  $67,200 : current liabilities $71,100

This year  current assets  $82,600 : current liabilities  $85,100

change Net operating capital = {$82,600- 67,200} - {85,100 - 71,100}

                     =$15,400 -14,000= -$1400

Change in networking capital = $1400

8 0
3 years ago
Which of the following items is included in Japan’s GDP? A. the estimated value of production accomplished at home, such as ba
noname [10]

Answer:

D) None of the above is included in Japanese GDP.

Explanation:

A country's GDP includes the value of all the finished and legal goods and services produced in an economy during one year.

GDP = consumption + investment + government spending + net exports

  • Vegetables and fruits grown and consumed by an individual are not included in the GDP, unless they sell them to someone else.
  • Illegal goods ans services are not included in the GDP.
  • Imports, foreign products sold in a domestic market, lower the GDP since they lower net exports.
8 0
3 years ago
If a pair of shoes in the United States costs $45, and a pair of the exact same shoes is sold in Mexico for 430 pesos while the
Svetach [21]

Answer:

The correct answer is profit of $2.3 by selling it in Mexico.

Explanation:

According to the scenario, the computation of the given data are as follows:

In the United states Cost of shoes = $45

In Mexico, Cost of Shoes = 430 Pesos ( where $0.1100 = 1 pesos)

So, 430 Pesos = 430 × $0.1100 = $47.3

So, we can calculate the profit to sell in Mexico as follows:

Profit to sell in Mexico  = Sell price in Mexico - Sell price in US

= $47.3 - $45

= $2.3

So, the arbitrage opportunity exist by buying the shoes in Pesos and selling it in Mexico, one can make a profit of $2.3 per shoes.

7 0
4 years ago
Which department of the U.S. federal government was budgeted to spend over $582 billion on goods and services in fiscal year 201
pav-90 [236]
The answer is Department of Defense
8 0
2 years ago
Flagler Corporation shows a total of $650,000 in its common stock account and $1,120,000 in its paid-in capital in excess of par
8090 [49]

Answer:

130000 shares issued

Explanation:

Shares issued = Total par value / Par value per share

= $650,000 / $5

= 130000 shares issued

8 0
3 years ago
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