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netineya [11]
3 years ago
7

In the last three quarters of the year, a country's GDP (gross domestic product) level is measured at $12 trillion, $12.5 trilli

on, and $13.2 trillion. Based on this data, the economy is in the _____ phase of the business cycle.
Business
1 answer:
Kaylis [27]3 years ago
7 0

Answer:

EXPANSION

Explanation:

Expansion Phase

The expansion phase is the first stage in a business cycle. It is the period in the business cycle where there are increases in GDP, employment, incomes, production and sales. At this stage, investments is booming and there's a steady flow of money supply. When GDP grows for two or more consecutive quarters, it serves as a good indicator for expansion, moving from trough to peak. It is also known as ECONOMIC RECOVERY.

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Your friend brought up an investment opportunity that will generate cash flows of $5,000, $5,300, and $6,000 next three years, r
ahrayia [7]

Answer:

The most I could pay for the investment is $12,960.09  

Explanation:

The maximum a rational investor could pay acquire an investment is the present value of all future cash flows receivable from the investment.

In the case, the present of all cash flows is calculated thus:

Years  Cashflows [email protected] 12% PV

1          5000 0.892857143  4,464.29  

2          5300 0.797193878  4,225.13  

3           6000 0.711780248  4,270.68  

   Total of present values               12,960.09

The discounting factor is calculated using the formula :

1/(1+r)^n where r and n are rate and number of years respectively.                                          

8 0
3 years ago
Jack and Jill are married and have no dependent children. They are both over 65 and Jill is blind. Their gross income is $45,000
yan [13]

Answer:

They are exempt from paying tax

Explanation:

Taxable income is the amount of an individual's gross income that the government deems subject to taxes.

However, because they are aged (above 65), and their taxable income -which should be $32000 after deductions - is less than the percentage tax relief,they are exempted from paying tax for that particular year.

8 0
2 years ago
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Fudgin [204]
Oh uh- that’s interesting-
4 0
3 years ago
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A certain production possibilities frontier shows production possibilities for two goods, jewelry and clothing. Which of the fol
ankoles [38]

Answer:

Correct option is A

“The flow of dollars between sellers of jewelry and clothing and buyers of jewelry and clothing” is the correct option  

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It is a curve which shows various combination for the amount of two goods among which they can be produced with in the given available resources. Thus, it shows that the maximum amount of output is produced with the help of given resource.  

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3 years ago
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Mark is the manager of an american company. he expects the value of the british pound to appreciate in the near future. hence, h
Paladinen [302]
<span>Mark is using what is called a lag strategy. A lag strategy can be used when there is an intended change in payment in a foreign transaction. This usually occurs when there is an expected change occurring in exchange rates. The lag occurs when the transaction is delayed, which is what Mark is attempting to do here.</span>
3 0
2 years ago
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