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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 nation's capital goods wear out over time, so a portion of its capital goods become unusable every year. last year, its reside
My name is Ann [436]
<span>In the current year, the nation's economic growth will be negative. This is an outcome produced by all factors involved. There have been no capital goods produced, and therefore, no income can be generated by capital goods. There has been no growth in population or in any productive resources that could yield come kind of economic growth for the nation.</span>
8 0
3 years ago
A banking department form required when a person is acting as a mortgage broker and a real estate broker in the same transaction
Anna007 [38]

Answer:

Mortgage Broker Dual Agency Disclosure Form

Explanation:

The Mortgage Broker Dual Agency Disclosure Form is a document a broker needs to fill in when he/she acts as a mortgage broker and real estate broker in the same operation to inform the buyer and the seller before he/she can provide the services and it must be signed by both parties. So, according to this, the answer is that a banking department form required when a person is acting as a mortgage broker and a real estate broker in the same transaction is known as the Mortgage Broker Dual Agency Disclosure Form.

3 0
3 years ago
Compute the present value of $700 paid in three years using the following discount rates: 5 percent in the first year, 6 percent
Aneli [31]

Answer:

$587.79

Explanation:

Data provided in the question

Amount paid in three years = $700

Discount rate in the first year = 5%

Discount rate in the second year = 6%

Discount rate in the third year = 7%

So by considering the above information, the present value is

= (Amount paid in three years) ÷ (1 + Discount rate in the first year × 1 + Discount rate in the second year × 1 + Discount rate in the third year)

=  ($700) ÷ (1 + 0.05 × 1 + 0.06 × 1 + 0.07)

= ($700) ÷ (1.05 × 1.06 × 1.07)

= $700 ÷ 1.19091

= $587.79

5 0
3 years ago
Father died with will in florida, leaves to children that does not want to pay off property bills
vitfil [10]
If none of the children are willing to pay than the bank will take the house back if the father had a loan on it.
8 0
3 years ago
Which organization does not work for consumers
Dvinal [7]

Answer:

Which organization does not work for consumers

Federal treasury

Explanation:

The other three are consumer-focused.  But the Federal Treasury is a US government agency that advises government on fiscal matters.  It performs some law enforcement activities to help government enforce laws on fiscal policies.  It is also responsible for manufacturing the currency and postage stamps.  Finally, it has responsibility for the supervision of national banks in the United States.

3 0
3 years ago
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