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PIT_PIT [208]
3 years ago
5

An ______ is a period of low economic activity and rising unemployment.

Business
2 answers:
soldier1979 [14.2K]3 years ago
6 0
Recession or downturn
Troyanec [42]3 years ago
6 0
An recession is a period of low economic activity and rising unemployment.
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In 2002 Ortega's nominal income rose by 4.6 percent and the price level rose by 1.6 percent. We can conclude that Ortega's real
monitta

Answer:

c rose by 3 percent.

Explanation:

Real income is nominal income less price level changes.

Real income = nominal income - changes in price level

4.6 % - 1.6% = 3%

I hope my answer helps you

4 0
3 years ago
Samuel, Inc. has Accounts Receivable of $200,000 and an Allowance for Doubtful Accounts of $10,000. If it writes-off a customer
Tanya [424]

Answer:

Net accounts receivable is $190,000 if Samuel, Inc. writes-off a customer account balance of $1,000.

Explanation:

Net accounts receivable = Accounts Receivable -  Allowance for Doubtful Accounts

In Samuel, Inc., before write-off:

Net accounts receivable = $200,000 - $10,000 = $190,000

The company writes-off a customer account balance of $1,000 by the entry:

Debit Allowance for Doubtful Accounts $1,000

Credit Accounts Receivable $1,000

Allowance for Doubtful Accounts and Accounts Receivable decrease $1,000

Net accounts receivable after write-off = $199,000 - $9,000 = $190,000

3 0
3 years ago
An example of global outsourcing is seen when gap, inc uses low-cost caribbean labor to cheaply produce its clothing, and then f
antoniya [11.8K]
<span>This is true- it is an example of global outsourcing. Global outsourcing is when a company sends jobs to locations across the globe, where they can get away with hiring more workers and paying them less than they would have to in America. They take advantage of the lack of labor laws and human rights.</span>
6 0
3 years ago
Tuliptime, Inc. sold American fashions to a Japanese company at a price of 3.3 million yen. On the sale date, the exchange rate
morpeh [17]

Answer:

B. Credited Gain on fluctuation of foreign currency for $1,170

Explanation:

The journal entry to record the collection of foreign receivables is provided

Account Titles and Explanation                         Debit     Credit

Cash                                                                      40,170

(3,900,000 * 0.0103)

Foreign reserve                                                                  39,000

(3,900,000 * 0.01)

Gain of fluctuation of foreign currency                              1,170

(3,900,000 * 0.0003)

Hence, the correct option is Credited Gain on fluctuation of foreign currency for $1,170

5 0
2 years ago
My cat is sad... Help...
aleksley [76]

Answer:

its deppresed

Explanation:

8 0
2 years ago
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