The TRUE statements about recession are as follows:
a. After a recession, the rate of change in government spending tends to increase, which leads to an increase in the real GDP.
c. During a recession, the rate of change in government spending tends to increase, which leads to an increase in the real GDP.
<h3>What are recessions?</h3>
Recessions are significant declines in economic activities. They are felt greatly in real GDP, income, and employment.
Recessions are characterized by many business and bank failures, slow or negative growth in productive activities, and elevated unemployment.
Thus, the true statements about recessions are <u>Options A and C</u>.
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Answer:
The demand curve for steel to shift to the right
Explanation:
The question isn't complete. The full question can be found: https://www.chegg.com/homework-help/questions-and-answers/3-plastic-steel-substitutes-production-body-panels-certain-automobiles-price-plastic-incre-q31436687
Substitutes goods are goods that can be used in place of one another. If the price of plastic increases, consumers shift to steel, its demand increases and the supply curve shifts to the right.
I hope my answer helps you
It is True, In a defined benefits plan, the employer bears the investment risks in funding a future retirement income benefit.
Who bears the chance in defined benefits plan?
defined benefits plan also are known as pension plans. Employers sponsor defined benefit plans and promise the plan's investments will provide you with a specified monthly gain at retirement. The employer bears the funding dangers.
What's a defined benefits plan?
An organization-subsidized retirement plan wherein employee benefits are taken care of out based on a system the use of factors which includes income history and length of employment.
What's the risk of defined benefits plan?
Word that pension danger arises handiest with defined benefits plan. A defined-advantage 401-k plan promises to pay a particular (defined) gain to retired employees. to fulfill this obligation, the organization ought to invest wisely so that it has the finances to pay the promised advantages.
Who benefits most from a defined benefits plan?
More youthful personnel have longer for the cash to grow. contributions may be deductible depending on income limits. Contributions aren't deductible, they may be made with after tax dollars and can keep past seventy two if nonetheless running.
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Answer:
I think Quantitative data
Explanation:
I'm sry if I'm wrong
Answer:
See explanation below as attached.
Explanation:
1. Predetermined overhead is 139% of direct labor hour
2. Under applied overhead is $6,200
Please find attached breakdown and solution to question 1, 2, 3, 4 and 5.
