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Crazy boy [7]
3 years ago
10

Why might buying a home during a recession be a good decision for some consumers? Check all that apply. a. Housing prices are do

wn. b. It is easier to get a mortgage. c. Less demand means more options for buyers. d. Less demand means less competition with other buyers. e. Fewer houses are on the market.
Business
2 answers:
WITCHER [35]3 years ago
7 0

Answer:

a. Housing prices are down.

c. Less demand means more options for buyers.

d. Less demand means less competition with other buyers.

Explanation:

A recession is a decline in economic activities in a country, characterized by rise in unemployment, fall in income, and fall in aggregate demand.  

During recession because of fall in purchasing power, and decline in aggregate demand, prices naturally will fall and housing prices will fall as well.

A recession is characterized by accumulation of inventory, availability of many unsold stock means more options for buyers.

Fall in demand as a result of lack of purchasing power during recession means less competition with other buyers.

andreev551 [17]3 years ago
5 0

Answer:

<em>a. Housing prices are down. </em>

<em>c. Less demand means more options for buyers.</em>

<em> d. Less demand means less competition with other buyers.</em>

Explanation:

During a <em>recession</em> in the economy, the <em>aggregate demand</em> is on a lower side. This makes the housing prices lower. Lower prices due to lower demand, imply more options for the buyers. Lower demand indicates less competition with other buyers for a buyer.

Hence, all (a), (c) & (d) are the main solutions to the problem, that's why it's easier to get a mortgage.

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You’ve just read the article about Macy’s and Nordstrom’s. Why do you think companies like Macy's have to move to an Omnichannel
uranmaximum [27]

The companies like Macy have to move to an Omnichannel strategy for selling their products because in Omnichannel strategy, products are sold through several distribution channels.

<h3>What is a distribution channels?</h3>

Distribution channel serves as the means by which companies make their products to be available to final consumer.

This channels encompass retailers as well as wholesaler, and in In omni channel, all the distribution channels are linked to each other.

Learn more about distribution channel at;

brainly.com/question/25630633

4 0
2 years ago
The average debt incurred by a male pathological gambler in the US is between:
LiRa [457]

Answer:

$55,000 and $90,000

Explanation:

The average debt incurred by a male pathological gambler in the U.S. is between $55,000 and $90,000. The average rate of Norce for problem gamblers is nearly double that of non-gamblers.

3 0
3 years ago
average fixed costs a. will always increase as output increases. b. are defined as the change in total costs divided by the chan
enyata [817]

Answer:

<h2>The Average cost usually decreases as the output expands.Hence,the answer in this case would be option c. or will always decrease as output expands.</h2>

Explanation:

  • Fixed costs or expenses of production refers to those that are fixed or constant through out the production process or does not depend on the changes or adjustments in the actual output or production level.
  • Some of the common examples of fixed cost of production include building rent,utility bills,land rent,insurance and interest payments.Note that these costs and expenses are fixed and unchanged and any firm or company has to pay them regardless of the production or output level.
  • Now,since the average fixed cost of production is calculated by dividing the total fixed cost of production by the quantity of output produced by the firm at any particular period of time,the average fixed cost of production will decrease.As the output expands the denominator of the average fixed cost formula will increase but note that the numerator of the formula or the total fixed cost of production will always remain constant.Therefore,the average cost of production keeps decreasing with an increase in output or production level,signifying economies of scale.
6 0
4 years ago
erest rate parity holds. The U.S. interest rate is 13 percent and the British interest rate is 10 percent. The forward rate on B
vampirchik [111]

discount; 2.73

premium; 2.73

discount; 3.65

premium; 3.65

The forward rate on British pounds exhibits a premium of 2.73 percent.​Answer: Option 2.

<u>Explanation:</u>

An interest rate is the percentage of principal charged by the bank for the utilization of its cash. The chief is the measure of cash advanced. Since banks acquire cash from you (as stores), they additionally pay you a loan fee on your cash.

The nominal interest rate is the rate of interest with no alteration for inflation. For instance, assume somebody stores $100 with a bank for 1 year, and they get enthusiasm of $10 (before charge), so toward the year's end, their parity is $110 (before charge).

3 0
3 years ago
There are two closing entries. The first one is to close _____; the second one is to close _____. a.the drawing account, revenue
rusak2 [61]

Answer:

b.revenues and expenses, the drawing account

Explanation:

Closing entries are placed in order to close all the temporary accounts. In First closing entry we close all the income and expenses accounts and in second entry we close the drawing account. Drawing account show the amount of cash or resources of the business which is personally used by the owner in the period only. It needs to be closed at the year end like income and expenses accounts.

8 0
3 years ago
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