When purchasing a dishwasher a manager can tell if it is in compliance with the regulatory authority by? Appliances have to be compliant with federal regulations. To check if a dishwasher is in compliance, a manager can make sure there are NSF seals or ANSI certifications on the dishwasher.
Answer:
During each phase of the economic cycle of Recession and Expansion, the following economic variables fluctuate, accordingly:
I. Output: During Recession, production output reduces. But, during expansion, product output rises with rising income, employment, and even stable inflation.
II. Employment: During phases of economic Expansion, employment rises, while it contracts during the phases of Recession.
III. Inflation: Due to rising income and output during economic expansionary periods, inflation rate also rises. It reduces when the economy enters a recession.
Explanation:
Business or Economic Cycle describes the recurrent, but not periodic, sequence of changes in the aggregate economic activities of a nation. It usually cascades between the spectrum of expansion and recession. This means that there is an alternation of the phases of economic cycle between expansion and contraction (recession) when the aggregate economic activities may rise or decline due to the equal movement of economic variables like the GDP output, employment, income, and sales.
The formula for calculating the uniform monthly payments is as follows:
where
P=amount borrowed=6000
i=monthly interest, equals APR/12=0.06/12=0.005
n=number of periods/months (number of years * 12)=5*12=60
Here, substituting numerical values,
=$115.997
=$116.00 (to the nearest cent)
The evaluation of portfolio is the final step in the portfolio management process.
<h3>What is a portfolio management?</h3>
This refers to the process of selecting group of investments that meet a firm's long-term financial objectives.
The steps of a portfolio management includes:
- asset allocation
- security analysis
- portfolio construction
- portfolio monitoring
- evaluation of portfolio
Read more about portfolio management
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