A decline in the real GDP that occurs for at least two or more quarters is called a depression. The correct option among all the options that are given in the question is option "b". There is a very thin line of difference between recession and depression. when the real GDP falls for a repeated number of periods, then it is depression.
Answer:
correct option is d. two-thirds
Explanation:
given data
accumulated = $12.5 trillion
net worth = 14 percent
solution
here as per statistical data of 4th quarter in year 2015,
that required holding is two third of having home.
and Accumulated equity indicate the demand for housing in the country
so here 1 - 
= 
rd left out
it is assumed that they should get home at the beginning of 2015 (in the 1st quarter)
so correct option is d. two-thirds
Answer:
C. phase out all trade and tariff barriers among Canada, Mexico, and the U.S
Explanation:
The North American Free Trade Agreement (NAFTA)
This agreement creates a bloc of trade for the region, Canada, Mexico and the US.
As state on "C" It result in the elimination or reduction of barriers to trade and investment between the countries.
It will be replaced in the following year by the United States–Mexico–Canada Agreement (USMCA)
But NAFTA will keep working until this new agreement is finished.
your current salary is $61,950.00. if you received a 5% raise last year then your salary last year before raise was 58,853.
Five percent of 61,950 is 3097 and after subtracting 3097 with the current salary we get 58, 853. Hence 58,853 was the salary before the raise.
The formula to calculate the pay raise in the salary is:
new salary = old salary + old salary * raise %
If you know the raise percentage and want to determine the new salary amount:
Convert the percentage into decimal form.
Multiply the old salary by this value.
Add this new value to the old salary.
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