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3 years ago

Which best describes how a recession develops as demand and production decrease?

Business

2 answers:

Doss [256]3 years ago

5 0

Answer:

Explanation:

the recession accelerates

Tamiku [17]3 years ago

4 0

The correct answer is C. The recession accelerates.

Explanation

The recession is a term used in economics to express the economic decline caused by the decrease in demand, or the decrease in supply. Generally, there is a decrease in the production, employment, and income of domestic economies, which in turn causes further declines in demand and investment, prolonging the recessive process. Therefore, when demand or production decreases, the recession tends to extend, deepen and accelerate, indicating that the domestic economy of the affected country will be in decline. So, the correct answer is C. The recession accelerates.

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What kind of good is It? Determine whether each of the following goods is a private good, a public good, a common resource, or a

blsea [12.9K]

Answer: Please refer to Explanation

Explanation:

Private Goods are those goods that exclusive and excludable. This means that people can be prevented from using it by the owners if the people who want to use it don't pay for it or reach an agreement with the owner.

A Public Good on the other hand is provided to every member of the public for use. They are non-excludable meaning that people can use them without having to pay a fee.

Common Resources are a mixture of both man-made and natural resources. As such, even though it is open to the public, it's use can be restricted by certain requirements such as payment.

Classifying the above,

A. Common Resource.

The Cabana is a common Resource because it is open to all members of the public and is a man-made resource on the beach which is a public good. However, one must pay to use it as well.

B. Private Good.

The SUV is your own personal property and as such is a private good whose use you can restrict from people making it exclusive and excludable.

C. Public Good.

The fountain is for everyone and no one has more right to it than others. Neither do they have to pay to view it. This makes it a Public good.

4 0

4 years ago

Lloyd Inc. had sales of $200,000, a net income of //415,000, and the following balance sheet: Cash $10,000 Accounts Payable $30,

Anastasy [175]

Answer:

The firm's new quick ratio is 2.9

Explanation:

The current ratio is calculated as

Current ratio = Current assets / Current liabilities

2.5 times = (Cash + receivables + Inventories ) / (Accounts payable + Other current liabilities)

2.5 = ($10,000 + $50,000 + Inventories) / $50,000

$60,000 + inventories = $125,000

Inventories = $65,000

Therefore, $85,000 worth of inventories were sold off.

If the funds generated are used to reduce the common equity that is by repurchasing the equity at book value.

Hence, the common equity amounts to $115,000

Calculating the ROE before the inventory is sold off:

ROE = Net income / Stockholder's equity

= $15,000 / $200,000

= 0.075 or 7.5%

Calculating the ROE after selling off the inventory

ROE = $15,000 / $115,000

= 0.13 or 13%

The firm's new quick ratio is

Quick ratio = (Current assets - Inventories) / Current liabilities

= ($210,000 - $65,000) / $50,000

= 2.9

3 0

3 years ago

Taxes on the purchase of specific items such as gasoline, cigarettes, or alcoholic beverages are called _____ taxes.

marishachu [46]

Answer:

Taxes on the purchase of specific items such as gasoline, cigarettes, or alcoholic beverages are called excise taxes.

7 0

3 years ago

Any help 100 points

NARA [144]

Answer: supply

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8 0

3 years ago

Because risk is associated with the potential for higher profits, businesspersons are motivated to choose organizational forms t

Marianna [84]

True. Because risk is associated with the potential for higher profits, businesspersons are motivated to choose organizational forms that limit their liability while allowing them to take risks that may lead to greater profits. Organization forms refers to how a company organizes different organizations within the company. A great deal of focus and planning goes into deciding how an organization should structure themselves to be the most profitable.

4 0

3 years ago