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kherson [118]
3 years ago
10

In the first quarter of the year, Real GDP was $400 billion; in the second quarter, it was $398 billion; in the third quarter, i

t was $399 billion; and in the fourth quarter, it was $395 billion. Has there been a recession? Explain your answer.
Business
1 answer:
koban [17]3 years ago
8 0

Answer:

No, it can't be cosidered as a recession.

Explanation:

To be considereded a recession there must be two consecutive quarters with a fall in the GDP. In this case there are two quarters with fall but they are not consecutive. (second and fourth quarter)

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Jonas doesn't want to keep his savings in an account because he doesn't want to pay bank fees. Which of the following is an argu
blsea [12.9K]

The correct answer is C. Money is safer in the bank.

Explanation:

The main point or position of Jonas is that savings should be kept in an account due to the costs associated with this. In this context, the only argument that refutes Jonas' position and it is directly related to the main point of Jonas is "Money is safer in the bank" because even if keeping savings in a bank requires to pay fees this guarantees the money will be safe, which does not occur if Jonas keeps his savings at home. Moreover, the safety factor makes the option of the bank better, which refutes Jonas position.

3 0
3 years ago
Teresa purchased a necklace for $100 in 1964. In 2014, Teresa gave the necklace to her granddaughter, Lindsey.
padilas [110]

Answer:

d)$1,100 long-term capital gain

Explanation:

Given the information from the question. We know that a long-term capital gain or loss comes from investment that was possessed for a year or longer. However in this case, since the necklace was a gift .Therefore, there were no capital gain in 2014. In 2016, Lindsey sold the necklace for $1200. Therefore, the capital gain on the necklace will calculated as $1200- $100 = $1100. Where the $100 is a cost purchase for the previous owner. Therefore, long-term capital gain is $1100 which is option D.

8 0
3 years ago
The predetermined overhead rate is based on the relationship between _____.
Maslowich

Answer:

(A) estimated annual costs and expected annual activity

Explanation:

The formula to compute the predetermined overhead rate is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours or estimated machine hours)

It is always calculated on the estimated amount and estimated annual activity i.e direct labor hours or machine hours

So the correct option is a.

7 0
2 years ago
The lowest tier of the federal court system is the:
igomit [66]
I believe the lowest tier is District Court.
5 0
3 years ago
When comparing cash management options, the higher the
marshall27 [118]

Answer:

Cost the lower the demand

5 0
2 years ago
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