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3 years ago

What is meant by an ‘economic boom’?

2 answers:

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The Economic boom of the 1920s saw rapid growth in GDP, production levels and living standards. The growth was fuelled by new technologies and production processes such as the assembly line. The economic growth also caused an unprecedented rise in stock market values – share prices increased much more than GDP.

Sergio [31]3 years ago

7 0

Marked by productivity increases, sales increases, wage increases and rising demand. economic boom may be accompanied by a period of inflation

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A car manufacturer is considering locating an assembly plant in your region. List two simple, two intermediate, and two complex

algol [13]

Answer:Explanation:

simple problems

a. it could bring about issues of traffic congestion

b. it could also cause pollution problems in the area.

intermediate problem

a. the car manufacturer may not be allowed to site such a project of large scale as this in the region

b. the region may not be an economiCally favourable place. the car manufacturer has to check this before going ahead.

complex problem

a. getting suitable workforce with required skills to work

b. Getting storage space for vehicles that have been manufactured.

8 0

4 years ago

A study has been conducted to determine if Product A should be dropped. Sales of the product total $500,000; variable expenses t

Elina [12.6K]

Answer:

(A) ($10,000)

Explanation:

This is the actual situation with the product A on production.

500.000,00 Sales of the product total

-340.000,00 variable expenses total

-210.000,00 Fixed expenses charged to the product total

-50.000,00 Income

If the product A is dropped the company not loose anymore the ($50,000) of income but the company must pay the $60,000 of fixed expenses, so the company will have a disadvantage of ($10,000).

7 0

4 years ago

Jennie receives $12,000 (of which $2,000 is earnings) from a Qualified Tuition Program. She uses the funds to pay for new furnit

Dafna1 [17]

Answer: $2000

Explanation:

From the question, we are informed that Jennie receives $12,000 (of which $2,000 is earnings) from a Qualified Tuition Program and she uses the funds to pay for new furniture for her apartment.

The amount that is taxable to Jennie will be the amount of earnings she made who is $2000.

8 0

3 years ago

As discussed in the chapter "Why Poor Countries are poor" from Harford's book, The Undercover Economist, which of the following

atroni [7]

Answer:

The correct answer is (B)

Explanation:

The correct answer is (B)

Because, According to Mancur Olson's theory of dictatorships in poor countries, stable dictatorships cause less economic harm than unstable dictatorship

6 0

3 years ago

All of the following are general-purpose financial statements except a.income statement b.cash budget c.statement of stockholder

sveta [45]

Answer:

The correct answer is letter "B": cash budget.

Explanation:

General-purpose financial statements are those reports that can be issued during a period to provide investors and managers relevant information to make decisions on the company's operations. Those reports are the balance sheet, income statement, owner's equity statement, retained earnings, and the cash flow statement.

As its name says, the cash budget is an estimate of the inflows and outflows of a company for a given period. This budget is not a financial statement.

6 0

3 years ago