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Semenov [28]
3 years ago
9

3. Suppose the National Bureau of Economic Research announces that the economy has been in a recession for the past year. What e

ffect might this announcement have on the economy? A) Employers will trim payrolls in an effort to cut costs in the face of decreased demand for their products. B) Businesses will invest heavily in plant and equipment. C) Businesses will add shifts to prepare for the upcoming recovery. D) The Federal Reserve will increase interest rates to fight the recession.
Business
1 answer:
Anit [1.1K]3 years ago
3 0

Answer:

The correct answer is option A.

Explanation:

Recession in an economy means that the economic activities are reduced. During recession aggregate demand gets reduced.

When the recession is announced the firms will realize that the demand for their products must have been reduced. To reduce the cost of production the firms will reduce the wages paid to the workers.

This will further reduce the income and the demand for products.

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A ticket to an Eric Clapton concert costs $45. If you have a ticket, you can "scalp" it (sell it illegally) for $75. To a ticket
Delvig [45]
Opportunity cost is what you give up to do something

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Which of the following is correct with respect to Debt Service Funds?
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Answer:

C. Debt service funds account for and report financial resources that are restricted, committed or assigned to expenditure for principle and interest for governmental debts except debt of proprietary and fiduciary funds who account for their own interest and principle payments.

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5 0
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Answer:

maturity

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Based on the information provided within the question it can be said that in this scenario the Tide Detergent "pods" product is in the maturity stage of the product life cycle. This stage is characterized by being the longest stage in the cycle and in which sales begin to decline because the product has reached the apex of the demand curve. Advertisement in this stage has little effect on sales for the product and instead the best option would be to make changes to the product in order to lower costs and thus increase more profits, which is what they have done by making the product easier and more affordable to transport

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3 years ago
One goal of bankruptcy law is to encourage the continued use of credit. true or false
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True
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