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JulsSmile [24]
4 years ago
9

The curves shown depict an economy with a real gdp of $16 billion. use the drag tool to model an unusually long and deep recessi

on that does lasting damage to the economy, decreasing its real gdp to $14 billion for the foreseeable future. keep the price level the same.

Business
1 answer:
allochka39001 [22]4 years ago
3 0

The answer & explanation for this question is given in the attachment below.

You might be interested in
Difference between micro and macro econ
Lina20 [59]

Answer:

The difference is size

Explanation:

"Macroeconomics (from the Greek prefix makro- meaning "large" + economics) is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole".

"Micro- (Greek letter μ or legacy micro symbol µ is a unit prefix in the metric system denoting a factor of 10 −6 (one millionth)".

Hope this helped you!

7 0
3 years ago
A special agreement between the lender and the borrower to delay a foreclosure is known as what...? Lis Pendens Postponement For
Anettt [7]

Answer:

Forbearance

Explanation:

Forbearance is a term used in mortgaging that means an agreement between two parties; borrower and lender, to delay foreclosure.

Forbearance according to the dictionary means to hold back. That is, delaying or postponing an event of debt default.

Cheers

3 0
3 years ago
Which of the following skills are
Verizon [17]

Answer:

A. organization

Explanation:

a secretary writes the minutes during a meeting and also schedules the meetings for his boss therefore he/she must be organized for the work to be done efficiently.

7 0
3 years ago
selim believes that his hard work will lead to a better job performance. selim is independently motivated so he does not need to
zvonat [6]

Truly, Selim has an internal locus of control instead of an external locus of control because he believes that the better job performance he achieves is due to his hard work, and not due to supervision.

Selim, with this internal locus of control, makes things happen without being closely supervised or monitored. Selim enjoys independent motivation. He does not depend on external factors to achieve great results.

Thus, Selim has an internal locus of control.

Learn more: brainly.com/question/8790864

3 0
3 years ago
WaterwayCorporation had net credit sales of $13100000 and cost of goods sold of $9070000 for the year. The average inventory for
Kaylis [27]

Answer:

The inventory turnover for the period is 5

Explanation:

Inventory turnover is the ratio which stated that how many times the company replaces as well as sells the stock of goods during a specific year or period.

The formula for computing the inventory turnover is as:

Inventory turnover = Cost of goods sold / Average inventory

where

Cost of goods sold (COGS) = $9,070,000

Average inventory = $1,814,000

Putting the values above:

Inventory turnover = $9,070,000 / $1,814,000

Inventory turnover = 5

4 0
3 years ago
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