All categories

3 years ago

Unemployment can force the economy into an expansion. True False

Business

2 answers:

astraxan [27]3 years ago

8 0

False
a low rate of economic growth can cause higher unemployment

babunello [35]3 years ago

7 0

Answer:

False

Explanation:

A expansion in economics is the extended amount of goods/services available to buy and if there's unemployment that would mean there would be less of a good or service to buy. So unemployment can force the economy into an expansion is a "false statement" or the second option. What can cause expansion is inflation the increase of cost of a good and service. If you raise the price of goods less people will buy them.

Hope this helps.

You might be interested in

Copper alloy products shipped to manufacturers are supplied in the __________ condition when maximum strength is required.

vampirchik [111]

Answer: Fully Annealed condition.

Explanation:

Annealing is a heating process in which physical and sometimes chemical properties of material are altered. This process increases the ductility and reduces hardness of material, resulting in increase of the material strength.

4 0

3 years ago

The making of the movie Waterworld cost a total of $180 million. It generated a total of $130 million in revenues. $70 million w

slava [35]

Answer:

Losses for the producers of Waterworld, if they finished the movie would be $50 million. If they did not finish the movie, losses would be $130 million.

Explanation:

This is because, the difference between all their expenses in making the movie and the revenue generated is actually $50 million. This happens to be their losses while on the other-hand, if they didn't finish making the movie, it would be $130 million (aside the cost spent in finishing the movie after rebuilding the set)

5 0

3 years ago

Suppose that the price of product x rises by 20 percent and the quantity supplied of x increases by 15 percent. The coefficient

SSSSS [86.1K]

Answer: Coefficient of elasticity of supply is 0.75.

Explanation:

Price elasticity of supply measures the responsiveness of quantity supplied to a change in the price of the good. It can be measured using the percentage point method,

$e_{s} = \frac{Percentage change in Quantity supplied}{Percentage change in price}$

$=\frac{15}{20}$

$=0.75$

Therefore, coefficient of elasticity of supply is 0.75. Since it is less than 1 we can infer that supply for this good is relatively inelastic.

3 0

3 years ago

What does a person need if he or she is not able to pay for a planned purchase in full with a check or cash? A. a credit card B.

Gennadij [26K]

Answer:

C. a long-term loan from a bank

Explanation:

A loan or credit facility is suitable when a person is unable to pay in cash or by check. Lenders such as banks and credit unions offer credit facilities to their customers. These institutions charge interest on loans advanced.

When planning for a capital intensive purchase, a long term bank loan is suitable. Banks can extend credit facilities for huge amounts of money. The monthly repayments and interest rates for a long-term loan are usually low, making it affordable to many borrowers.

8 0

2 years ago

Martin Company needs additional time to pay its accounts payable to Boster Company. Martin makes a written promise to pay Boster

Anika [276]

The answer, on the point of view of Boster, is A. Debit notes receivable and credit accounts receivable (not payable i think). This is from the point of view of Boster. So to Boster, he will have an accounts receivable by Martin company. So what Martin did is that he offered a promissory note to Boster. This will increase Boster's notes receivable. At the same time, this will also lessen Boster's accounts receivable since this turned into a notes receivable.

3 0

3 years ago