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olga_2 [115]
4 years ago
14

In September 2010, the NBER's Business Cycle Dating Committee decided that the recession that began in December of 2007 had ende

d and that the lowest point of production was July of 2009. The NBER does not use a popular definition of recession-two quarters of falling GDP-but looks at a variety of monthly statistics to date business cycles. In business cycle terminology, what does July 2009 mark?
Business
1 answer:
balu736 [363]4 years ago
3 0

Answer:

The July 2009 mark was a trough as the lowest points of production in a business cycle are called troughs.

Explanation:

You might be interested in
At December 31, Amy Jo's Appliances had account balances in Accounts Receivable of $309,000 and $600 (credit) in Allowance for U
MissTica

Answer:

Bad debt expense  $ 14.850

Explanation:

Initial Balance    

Accounts Receivable  $ 309.000  

Allowance for Uncollectible Accounts  $ 600  

Should be 5% of the Accounts Receivables    

Allowance for Uncollectible Accounts  $ 15.450

We must calculate the difference between the actual balance and the must be balance.

Adjustment entry

Bad debt expense  $ 14.850  

Allowance for Uncollectible Accounts  $ 14.850

END Balance    

Accounts Receivable  $ 309.000  

Allowance for Uncollectible Accounts  $ 15.450  

5 0
4 years ago
Firms engage in __________ when their intimate knowledge and expertise in one market allows them to offer customized marketing p
blagie [28]

Answer:

The correct answer is letter "C": market specialization.

Explanation:

After <em>segmenting </em>their market, companies tend to start their phase of market specialization with the information gathered in their research which is helpful to spot what the company's best segment of the market is based on <em>age, gender, </em>and <em>consumer income</em>. With that information, firms can drive their efforts toward producing a good or rendering a service that satisfies the needs of a specific group of them.

3 0
3 years ago
All of the following would cause the aggregate demand curve to shift except A. decreased security about jobs and future income.
gregori [183]

Answer:

price level changes

Explanation:

The demand curve refers to a graph that shows the change in the demand for a commodity or service as a result of the change in its price.

The aggregate demand curve is a graph that shows the total quantity of all goods and services demanded by the economy at different prices.

Aggregate demand curve shifts except when price level changes.

5 0
3 years ago
What is the amount of income you should save for an emergency fund.
ZanzabumX [31]

Answer:

Depending on your income I recond 15% of every paycheck but put it to the emergency funds.

Explanation:

3 0
3 years ago
A loan is being amortized by means of level monthly payments at an annual effective interest rate of 8%. The amount of principal
suter [353]

Answer:

d) 216

Explanation:

We need to equate the value of 12th payment and t^th payment through the below formula.

=> 1000*(1+8%)^[(t-12)/12] =3700

=> (1.08)^[(t-12)/12] =3.7

=> [(t-12)/12] =17

=> t=216

4 0
3 years ago
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