Answer:
Contractionary and worsen the effects of the recession
Explanation:
Given that during the period of the recession of a given economy, there is a decrease in revenue and inversely, there is an increase in expenditures, this situation will consequently lead to a deficit. Therefore, for a Federal government to balance the budget, it will have to increase additional revenue and at the same time reduces expenditures.
However, in this case, this would be contractionary and worsen the effects of the recession
Answer:
<em><u>Elasticity is an important economic measure, particularly for the sellers of goods or services, because it indicates how much of a good or service buyers consume when the price changes. When a product is elastic, a change in price quickly results in a change in the quantity demanded.</u></em><em><u>The concept of elasticity for demand is of great importance for determining prices of various factors of production. Factors of production are paid according to their elasticity of demand. In other words, if the demand of a factor is inelastic, its price will be high and if it is elastic, its price will be low.</u></em>
Explanation:
hope it helped you...mate!
Answer:
$800,000
Explanation:
The calculation of book value of the assets of the cosmetics component is given below:-
Gain on Sale of the Assets = Income from Operation of a Discontinued Components - Income from Operations
= $620,000 - $300,000
= $320,000
Gain/Loss on Sale of Asset = Sale Value of Assets - Book Value of Assets
= $1,120,000 - $320,000
= $800,000
Answer: The correct answer is a labor union.
Explanation: A labor union is an organized group of workers who are often in a common trade or profession. The union is formed to protect and further the rights and interests of the members. This normally includes collectively bargaining, where the labor union negotiates the salaries and benefits that will be paid to all of its members.
