a recession is usually 9 to 18 months
Answer: Option D
Explanation: In simple words, movement along the demand curve refers to the change in the demand of a product due to change in its price. When there is a change due to factors other than price then such change brings shift in the demand curve.
In the movement, the demand of a commodity remains constant with all other factors such as advertising, income of consumers etc.
Hence from the above we can conclude that the correct option is D.
Answer:
$2,700
Explanation:
The computation of the unearned service revenue balance reported on the February 28 balance sheet is shown below:
= Total cash received - expired service revenue
= $3,600 - $900
= $2,700
The expired service revenue is
= Received amount ÷ number of months
= $3,600 ÷ 4 months
= $900
It is come by deducting the expired service revenue from the total cash received so that the balance could come
Answer:
<u>Share of this stock worth today if the required rate of return is 7.6 percent is $3.59</u>
Explanation:
stock worth today = 2/1.076 + 2/1.076^2
stock worth today = $ 3.59
The statement above is TRUE.
Social mobility refers to the movement of individuals or families within or between social strata in a particular society. It means a change in social status relative to one's present location with a given society. Social mobility in US does not depend on where one start in the class system; one can come from the lowest class strata and become one of the richest individual and an individual from a very rich family can also end up as a p.auper. A lot of factors come to play in these situations.
