Answer:
A) Recession
Explanation:
Recession is a term in economics that refers to a situation where there is decline in economic growth. Specifically a recession is said to have occurred if for two or more consecutive quarters a negative economic growth is observed meaning that there is a decline in the gross domestic product (GDP). The implication of recession is that companies have less cash and revenue, so they will seek to reduce cost by cutting down on wages and employment which will generally lead to reduced output, income and jobs. Recessions are usually triggered by financial crises in an economy and government usually tackles it by spending more and reducing the cost of taxes
The group can divide costs to each person providing the good when this group provides a collective good or service. By definition, a collective good or service are considered as goods and services that are provided and are readily available to the community. Examples of these are the health cares provided by the government.
Answer: C. P&G faces a stiff rivalry with Hindustan Unilever in India, which is the market leader in consumer goods.
Answer:
Revoke/cancel the offer before the seller accepts it.
Explanation:
When a buyer has a change of mind about purchasing a property he/she has made an offer for, the best thing to do to get out of the offer by revoking or cancelling the offer before the seller has the chance to accept it. Without revoking the first offer, a new offer will not be possible.
Cheers.
The taxable equivalent yield is 6.67%.
<u>Given Information</u>
Municipal bond has yield of 5%
Tax rate = 25 percent
Taxable equivalent yield = ?
- The formula for use to derive the taxable equivalent yield is <em>{Current yield on municipal bond / (1-tax rate)</em><em>.</em>
Taxable equivalent yield = 5% / (1 - 25%)
Taxable equivalent yield = 0.05 / 0.75
Taxable equivalent yield = 0.06666666666
Taxable equivalent yield = 6.67%
Therefore, the taxable equivalent yield is 6.67%.
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