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AVprozaik [17]
3 years ago
13

Consider the following data that identifies real gross domestic product (GDP) in comparison to the long-run trend of real GDP to

answer the following questions:
Quarter Real GDP Long-Run Trend of Real GDP
(billions of dollars) (billions of dollars)
1 4,000 4,000
2 4,160 4,120
3 4,326 4,244
4 4,413 4,371
5 4,501 4,502
6 4,591 4,637
7 4,499 4,776
8 4,409 4,919
9 4,673 5,067
10 4,954 5,219
11 5,252 5,376
12 5,376 5,537

In what quarter did this economy enter a recession?
Business
1 answer:
Helga [31]3 years ago
8 0

Answer:

Between quarter 7 and 8

Explanation:

To calculate the recession lets consider the quarter 7 and 8.

GDP in quarter 7 =$4499 Billion

GDP in quarter 8 =$4409 Billion

Growth rate of GDP in these two quarters= 4409-4499/4499*100

= -2 percent

Recession happens when the GDP decreases

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Training new personnel who just started working at the office fits under which administrative
Scilla [17]

Answer:

personnel management.

Explanation:

Training new personnel who just started working at the office fits under personnel management.

Personnel management can be defined as an administrative task or function which primarily involves the process of hiring employees and developing or training them to become beneficial and valuable for the growth and development of the company.

Hence, the main purpose and focus of personnel management is to provide a quality workforce necessary to successfully achieve the organizational set goals and objectives.

5 0
3 years ago
A report showing an employee's age as a negative number is useless because it lacks ___
kozerog [31]

Answer:

A report showing an employee's age as a negative number is useless because it lacks Validity.

<h3>What is Validity?</h3>
  • Validity refers to how accurately a method measures what it is intended to measure.
  • If research has high validity, that means it produces results that correspond to real properties, characteristics, and variations in the physical or social world.

To learn more about validity, refer

to brainly.com/question/25689052

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4 0
2 years ago
Ignatenko Company purchased office supplies costing $5,000 and increased Supplies for the full amount. Supplies on hand at the e
Leto [7]

Answer:

a. Supplies Expense $3,700Supplies $3,700

Explanation:

The entries required when supplies are purchased is

Debit Supplies account

Credit cash/accounts payable

At the point of use of these supplies, the entries required are

Debit  Supplies expense account

Credit supplies account

Hence the supplies used

= $5,000 - $1,300

= $3,700

Entries to be posted to adjust

Debit  Supplies expense account  $3,700

Credit supplies account      $3,700

6 0
3 years ago
In order to build alliance management capabilities in small companies, it is recommended that firms take the ______ approach
julia-pushkina [17]

Answer:

non-equity alliance.

Explanation:

In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.

Generally, a business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan. The components of a business strategy includes the following;

I. Mission.

II. Value.

III. Vision.

Hence, when you wish to build alliance management capabilities in small companies, it is highly recommended that business firms take the non-equity alliance approach.

A non-equity alliance approach can be defined as a contractual relationship between two or more organizations that are interested in achieving common goals and objectives by pooling their resources, capabilities and efforts together while respectively maintaining their organizational independence without creating a new corporation or equity entity.

8 0
3 years ago
Read 2 more answers
Product A's contribution margin ratio (60%) is greater than Product B's contribution margin ratio (40%). Product A's contributio
UkoKoshka [18]

Answer:

D. All the answers are correct to increase the benefit of the company. here briefly why.

Explanation:

A . increasing the price of product B (whenever possible) does not affect its variable costs or fixed costs, which would result in a higher profit margin.

B. Increasing the marketin plans of product A means an increase in costs, if with fixed costs for advertising campaigns the contribution margin per unit will be the same, but  total sales increase. If the marketing campaign affects variable costs (such as reducing the sales price by a certain amount), it will result in a smaller unit contribution, but a larger amount of sales, which will increase profits.

C. The reduction of these variable or any other variable cost (whenever possible) of product B will result in a greater unit contribution, then, increase profits

4 0
3 years ago
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