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4 years ago

During the Great Depression, consumer spending was higher than ever in history.

Business

2 answers:

Hoochie [10]4 years ago

7 0

Answer:

true

Explanation:

Snezhnost [94]4 years ago

4 0

Answer:

False

Explanation:

Th great depression was a period that followed after the stock Market crash of 1929 during this time most of the Banks in America failed due to Bank runs, unemployment was very high as high as 25%, international trade collapsed and this lead to the reduction of the purchasing powers of the citizens because unemployment meant no wages and no wages meant lower purchasing power as well.

The citizens were also homeless due to the inability to afford paying for rents which had plummeted because of the increase in its demand. hence the spending wasn't higher than ever during the great depression.

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Dominique's health insurance plan requires that all tests and specialist visits

Artyom0805 [142]

Answer:

The right option is A that is HMO

Explanation:

HMO is the term which stated as the Health Maintenance Organization, which is a kind or type of the plan that offers a wider range of the services of health cares via or through a network of providers who agreed in order to supply the services to the members.

So, HMO is the kind of insurance plan where all tests and the specialist visit need to be approved by the doctor.

7 0

3 years ago

Read 2 more answers

The following data relate to direct labor costs for the current period:

mr Goodwill [35]

Answer:$2,125 unfavorable

Explanation:

Given

Standard costs 9,000 hours at $5.50

Actual costs 8,500 hours at $5.75

we have two formulas to calculate for direct labor rate variance is:

1ST ----Direct Labor rate variance = (Actual Rate- Standard Rate ) x Actual hour

=( $5.75 -$5.50) x 8,500 = $2,125 unfavorable

2ND----Direct Labor Rate Variance=Actual Direct Labor Cost Incurred - Standard Direct Labor Cost Based on Actual Hours

=Actual Hours x Actual Rate -Actual Hours x Standard Rate

= ($5.75 x 8,500 hours)-($5.50 x 8,500 hours)

$48,875 - $46,750 = $2,125 unfavorable

when the actual rate is higher than the standard rate, the Direct Labor Rate Variance is unfavorable and if the actual rate is lower than standard rate, the variance is favorable.

3 0

4 years ago

Able Pads, Inc., sells plain white printer paper in a perfectly competitive market. What does its individual demand curve look l

nirvana33 [79]

Answer:

The demand curve will look like a straight line .

Explanation:

Perfect competition is that in which there are large number of buyers and large number of sellers of a commodity and no individual sellers or buyer can control the prices. If the seller try to influence the price then they will loss their buyers as there are many other seller also exist in the market.

Under perfect competition , the firm produce homogeneous product. Both buyers and sellers have full knowledge of the market.

The curve under perfect competition is indicated by horizontal . It shows that a firm can sell any quantity of a product at the prevailing price . And no quantity if they influence the price.

<u>The figure under shows the curve:</u>

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4 years ago

The information needed to make the journal entries to record the wages and salaries expense comes from

babymother [125]

The answer is The Payroll Register.

5 0

4 years ago

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To determine a product selling price based on the total cost method, management should include: Multiple Choice Total product an

Free_Kalibri [48]

If one wants to determine the selling price of a product using the total cost method, the management should use Total product costs plus a markup.

<h3>What is total cost method?</h3>

When using the total cost method, the company takes into account the full cost of producing the good in question. This includes total product cost only.

A markup is then added to the total cost to find a suitable selling price that allows for a projected level of profit.

Find out more on the total cost method at brainly.com/question/6480601.

4 0

3 years ago