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3 years ago

A recession is____. Consecutive periods of deflation Apex Financial Literacy

Business

2 answers:

Ratling [72]3 years ago

8 0

Answer:

A recession is consecutive periods of deflation

Explanation:

Recession: in general recession is a period in the economic cycle when there is a very steady and reduced rate of economic activities. there are key elements that indicates that an economy is in recession the decrease in elements like: real gross domestic product, Income, Employment, Manufacturing and retail sales of goods and services.

consecutive periods of deflation leads to recession.

deflation is the decrease in the general prices of goods and services do to the unwillingness of consumers to spend or the unavailability of funds to buy goods or services

Anni [7]3 years ago

4 0

A recession is when the inflation rate is low.. prices are falling dramatically in the market

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Under the doctrine of strict liability, liability for injuries is imposed for reasons other than fault. a. True b. False

Alina [70]

Answer:

True

Explanation:

The doctrine of strict liability applies to tort law, and it states that the plaintiff doesn't have to prove that the defendant was negligent, intentional or at fault. All the plaintiff must prove is that the tort occurred, that he/she suffered because of it and that the defendant was responsible for the tort.

This doctrine generally applies to situations that are considered dangerous by nature, e.g. selling alcohol to minor or ownership of wild animals.

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3 years ago

A corporate bond has a face value of $10,000, a bond interest rate of 8% per year payable semiannually, and a maturity date of 2

Nezavi [6.7K]

Answer:

$400 every 6 months.

Explanation:

Step wise solution is given.

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4 years ago

The may bank statement for accounting services shows a balance of $6,300, but the balance per books shows a cash balance of $7,9

vichka [17]

The adjusted cash balance at the end of August should be $8,180.

<h3>The May bank statement for Accounting Services shows a balance of $6,300, but the balance per books shows a cash balance of $7,980. Other information includes the following:</h3>

-A check for $200 to pay the electric bill was recorded on the books as $20.

-Included on the bank statement was a note collected by the bank for $400 plus interest of $30.

-Checks outstanding totaled $260.

-Bank service charges were $50.

-Deposits in transit were $2,140.

The adjusted cash balance at the end of August should be

A. $7,980.

B. $9,810.

C. $7,620.

D. $8,180.

Solution:

$6,300 + 2,140 - 260 = $8,180.

$7,980 - 180 - 50 + 430 = $8,180

The adjusted cash balance at the end of August should be

D. $8,180.

To learn more about the sum, refer

brainly.com/question/9682084

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2 years ago

hen entry barriers into a market are low, firms will tend to earn zero economic profit in the long run because a. profit-seeking

tamaranim1 [39]

Answer:

The correct answer is B

Explanation:

Economic profit is the difference among the revenue received from the sale of the output and the cost of all inputs used and opportunity cost.

Zero economic profit, it is the situation where the firm is earning the same if its resources were employed in the next alternative which is best.

When the entry barriers in the market are low, then the firm will have the tendency of having a zero economic profit in the period of long run, as the profit which is short run will attract the extra suppliers which will result in down in the market price of the product.

3 0

3 years ago

Which of these professions would most likely utilize analytics software?

mr_godi [17]

Answer:

IT personnel

Explanation:

Analytics softwares are ussally used for processing, analyzing and modelling big data (e.g. imagine a data table with billion rows and columns) to create insightful reports and dashboards for decision making purposes. So, IT professionals would mostly likely utilize this type of software to complete their data-related tasks.

6 0

4 years ago

Read 2 more answers