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Elenna [48]
3 years ago
7

Describe the economic cycle. Give specific details and examples

Business
1 answer:
Vitek1552 [10]3 years ago
8 0

Answer:

Economic cycles are identified as having four distinct economic stages: expansion, peak, contraction, and trough.expansion.

Explanation:

An expansion is characterized by increasing employment and economic growth, and inflation rises. The peak is when the economy is producing at the maximum allowable output. Contraction Happens when growth slows, employment declines, and subsides. Trough economy has hit a rock bottom, so the next stage is

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With​ e-commerce and the​ internet, which of the following depicts a trend in​ advertising?
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Suppose a​ student-athlete has the opportunity to earn ​$600,000 next year playing for a minor league baseball​ team, ​$100,000
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Answer:

it's 0

Explanation:

hes returning to college and making zero money

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In a jewelry store, a customer places an order for a piece of jewelry (for example, a silver pin in the shape of a tulip). each
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The best type of system for the order of the jewelry would be:

 

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6 0
3 years ago
Fixed cost per unit is inversely proportional to the volume of units produced.
Levart [38]
True. Fixed cost per unit is inversely proportional to the volume of units produced.

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5 0
3 years ago
This information relates to Monty Real Estate Agency.
kotykmax [81]

Answer:

                                 Journal Entries

Date        Account Titles and Explanation      Debit       Credit

Oct. 1       Cash                                                  $34,040

                     Common Stock                                           $34,040

              (To record the cash is invested in the business)  

Oct. 2 No Journal Entry                               $0

Oct. 3      Office Furniture                                  $4,110

                    Accounts Payable                                         $4,110

               (To record the purchase of office furniture on account)  

Oct. 6      Accounts Receivable                          $10,780

                       Service Revenue                                         $10,780

                 (To record the services provided but cash is not yet collected)

Oct. 10      Cash                                                    $165

                      Service Revenue                                           $165

                (To record the services provided by cash)  

Oct. 27      Accounts Payable                              $690

                        Cash                                                             $690

                 (To record the payment made on accounts payable

                  relating to office furniture)  

Oct. 30      Salaries Expense                                 $2,740

                         Cash                                                           $2,740

                  (To record the payment of salaries to the assistant)

3 0
3 years ago
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