Answer:
Given the supply of land is perfectly inelastic, the drop in prices must have resulted from decreased demand for land. The demand for land would fall if there were less of a return on the land (i.e., rent), so we can safely assume that land rent fell in Japan between 1990 and 2001. The shifts from D3 to D2 to D1 demonstrate graphically what happened in Japan.
Explanation:
A relatively mild period of falling incomes and rising unemployment is called a <u>recession</u>.
What is recession?
- A recession is a significant, widespread, and prolonged downturn in economic activity.
- Because recessions often last six months or more, one popular rule of thumb is that two consecutive quarters of decline in a country's Gross Domestic Product (GDP) constitute a recession.
- Recessions typically produce declines in economic output, consumer demand, and employment.
- A recession is a significant, pervasive, and persistent decline in economic activity.
- Economists measure a recession's length from the prior expansion's peak to the downturn's trough.
- Recessions may last as little as a few months, while the economic recovery to the former peak can take years.
- An inverted yield curve has predicted the last 10 recessions, along with a couple that never materialized.
- Unemployment often remains high well into an economic recovery, so the early stages of a rebound can feel like a continuing recession for many.
- Countries around the world use fiscal and monetary policies to limit the risks of a recession.
To know more about recession, refer:
brainly.com/question/1417711
#SPJ4
Answer:
An increase of $54
Explanation:
Any increase in current assets will decrease in cash. On the other hand, any decrease in current assets will increase cash balance.
Inversely, any increase in current liabilities will increase cash and any decrease in current liabilities will decrease cash balance of the period.
Increase in inventories ($248)
Increase in accounts payable $186
Decrease in accounts receivable $139
Decrease in other current asset $61
Decrease in other current liabilities ($84)
Total change $54 - an increase in cash
Answer:
The correct example of an analytical procedure is the comparison of A) financial ratios of the current year to previous year.
Explanation:
Analytical procedure is a type of financial audit process which is usually done by an auditor or a person who has extensive knowledge of the business and the industry. Through this process an auditor , is trying to understand the clients business and changes that are taking place in the industry , so that he or she can identify what are the potentially risky areas for the company.
In this process an auditor would compare the financial statements of the company with the source of information or with previous years financial statements to see what re the areas in which company has improved or needs to be improved.
So it won't be wrong to say that an example of analytical procedure would be comparing the financial ratios of current year to previous year.
Answer:
public relations
Explanation:
Public relations refers to the process of building relations among the public and the organization. It focuses on constructing relations in the interest of the public by informing them about the new schemes and improvement of the company. It provides the individual to gain exposure and to earn experiences about the public. These relations ignites the sale of the organization and helps in its publicity too.