In describing what adaptive expectations means to a friend, you explain that in order to make their economic condition forecasts, agents consider only current information and ignore the past.
Economic conditions describe the state of the economy currently in a nation or region. These circumstances evolve over time as a result of the business and economic cycles that accompany an economy's expansion and decline. When an economy is expanding, the economic conditions are viewed as sound or good; when an economy is contracting, they are viewed as adverse or negative.
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The correct answer is C. Expansion, peak, trough, and contraction.
Expansion is being characterized by increase of upward pressure on prices, economic growth and also increase in employment.
Another name for business cycle is trade or economic cycle.
We measure the business cycle by way of growth rate of real gross domestic produce when being put into consideration.
Answer:
$33,630
Explanation:
Given that the company's collection history shows that 43% of credit sales are collected in month of sale and the remainder (57%) is collected in the following month then, in the month of January, Cash collections in January from December credit sales would be equivalent to 57% of December Credit sales. Using the actual figures,
Cash collections in January from December credit sales would be
= 57% * 59,000
= $33,630
Answer:
C
Explanation:
If you do hours X units and then put it on the end of the Variable you get C. Hope this helped #brainiest
hardworking personal
Explanation:
when a servant is hardworking, he or she helps to grow well