All categories

3 years ago

The decline in Real GDP that occurs after the economy has peaked _____.

Business

2 answers:

lubasha [3.4K]3 years ago

8 0

Answer:

(D) GDP minus the capital consumption allowance

Explanation:

Capital consumption allowance is the expected percentage in value that is expected to depreciate and yes after the highest point in the business cycle, the next phase is Recession phase that is a declining phase where there is not much spending.

damaskus [11]3 years ago

7 0

Answer:

(D) GDP minus the capital consumption allowance

Explanation:

An econmy that reached it peak is the highest point between the end of an economic expansion and start of a contraction in a business cycle. In other words, peak is the turning point in the business cycle at which outputs stop increasing and starts decreasing, and afterr peak, recession phrase is often accompanied in which outputs is decreasing and unemployment is increasing.

Capital consumption allowance is the amount of money q country spend In a year to maintain its present level of econmic production. Capital consumption allowance represents depreciation in the overall econmy and expressed percentage of GDP.

So after the highest point in a business cycle; the peak, inflation and outputs decreases and leads to recession where won't be enough capital flow within the economy, spending and purchasing power would reduce.

You might be interested in

For 2018, Rest-Well Bedding uses machine-hours as the only overhead cost-allocation base. The direct cost rate is $6.00 per

maria [59]

Answer:

Predetermined manufacturing overhead rate= $6.875 per machine-hour

Explanation:

Giving the following information:

The estimated manufacturing overhead costs are $275,000 and an estimated 40,000 machine hours.

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 275,000/40,000

Predetermined manufacturing overhead rate= $6.875 per machine-hour

3 0

2 years ago

At Rolce Technologies, the core design team of 10 employees has daily "stand-up" meetings. All the core design team members gath

4vir4ik [10]

Answer: rituals

Explanation: Rites and rituals, which also include habits and ceremonies, together shape the culture of an organization. A ritual is a series of activities that involve actions, words and things, performed in a locked away position and executed in a fixed sequence.

For example, an employee can eat lunch in the shared lunchroom rather than their desk as a form of habit, or spend five minutes after each meeting debriefing the team about what they learned.

Hence from the above we can conclude that the correct option is D.

8 0

3 years ago

Why is there no competition in a monopoly?

barxatty [35]

A) there are no close substitutes

Explanation:

A monopoly results when there is a single provider of a particular good or service. Since they’re the only company providing that good or service, the consumer must conduct their business with that specific provider. For example, imagine that Walmart is the only store you can buy food from. Walmart would dominate the entire supply market as it would be the only store from which you can buy your food.

7 0

2 years ago

Read 2 more answers

How many times did Donald trump declare bankruptcy

xeze [42]

Answer:

6 times

Explanation:

According to Google

5 0

2 years ago

Read 2 more answers

Grouper Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. Item

zhuklara [117]

Answer:

Normal profit was missing, so I looked for it:

Item Q Cost Cost to Estimated Cost Normal*

No. p/ unit replace selling price of Completion profit

and Disposal

1320 1,500 $3.87 $3.63 $5.45 $0.42 $1.38

1333 1,200 $3.27 $2.78 $4.24 $0.61 $0.67

1426 1,100 $5.45 $4.48 $6.05 $0.48 $0.47

1437 1,300 $4.36 $3.75 $3.87 $0.30 $0.25

1510 1,000 $2.72 $2.42 $3.93 $0.97 $1.18

1522 1,200 $3.63 $3.27 $4.60 $0.48 $0.84

1573 3,300 $2.18 $1.94 $3.03 $0.91 $0.93

1626 1,300 $5.69 $6.29 $7.26 $0.61 $1.56

we have to first determine the ceiling NRV and floor NRV

Item Cost to Estimated Cost NRV NRV

No. replace selling price of Completion ceiling floor

and Disposal

1320 $3.63 $5.45 $0.42 $5.03 $3.65

1333 $2.78 $4.24 $0.61 $3.63 $2.96

1426 $4.48 $6.05 $0.48 $5.57 $5.10

1437 $3.75 $3.87 $0.30 $3.57 $3.32

1510 $2.42 $3.93 $0.97 $2.96 $1.78

1522 $3.27 $4.60 $0.48 $4.12 $3.28

1573 $1.94 $3.03 $0.91 $2.12 $1.19

1626 $6.29 $7.26 $0.61 $6.65 $5.09

we have to determine the market value:

Item Cost to NRV NRV Market value

No. replace ceiling floor (middle of the 3)

1320 $3.63 $5.03 $3.65 $3.63

1333 $2.78 $3.63 $2.96 $2.96

1426 $4.48 $5.57 $5.10 $5.10

1437 $3.75 $3.57 $3.32 $3.57

1510 $2.42 $2.96 $1.78 $2.42

1522 $3.27 $4.12 $3.28 $3.28

1573 $1.94 $2.12 $1.19 $1.94

1626 $6.29 $6.65 $5.09 $6.29

Item Market value Cost Quantity Inventory

No. per unit value

1320 $3.63 $3.87 1,500 $5,445

1333 $2.96 $3.27 1,200 $3,552

1426 $5.10 $5.45 1,100 $5,610

1437 $3.57 $4.36 1,300 $4,641

1510 $2.42 $2.72 1,000 $2,420

1522 $3.28 $3.63 1,200 $3,939

1573 $1.94 $2.18 3,300 $6,402

1626 $6.29 $5.69 1,300 $7,397

total $39,406

7 0

3 years ago