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Firdavs [7]
4 years ago
8

A recession has traditionally been defined as a period during which Group of answer choices a. nominal GDP declines for four con

secutive quarters. b. nominal GDP declines for two consecutive quarters. c. real GDP declines for four consecutive quarters. d. real GDP declines for two consecutive quarters.
Business
1 answer:
patriot [66]4 years ago
7 0

Answer:

The correct answer is letter "D": real GDP declines for two consecutive quarters.

Explanation:

A recession is an overall decline in a country's economy followed by two consecutive quarters of losses. The most important index to measure the decline in an economy is the real Gross Domestic Product (<em>GDP</em>). However, the National Bureau of Economic Research (<em>NBER</em>) states that the real GDP should not be considered the only gauge to determine a country's recession.

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Government purchases are spending by the government on​ goods, services, and factors of production. Government expenditures repr
Law Incorporation [45]

Answer: A. there has been a major increase in the amount of transfer payments the government makes through programs such as Social Security and unemployment insurance.

Explanation:

Since the 1950s, the US government budget for Transfer Payments to Social Security Programs and Unemployment benefits has increased tremendously.

The main transfer payments are Disability and Pension/ Retirement payments and they have been on the rise since the 50s.

These Transfer Payments are both a show of Humanitarianism as well as a form of Economic Investment as they help stimulate the Economy during times or Economic Distress by pouring money into it.

A typical example would be the $1,200 that Congress voted to provide direct cash payments of which totaled around $250 billion in March this year to help Americans who were hit hard by the lockdowns that have crippled much of the American economy.

6 0
3 years ago
A list of financial statement items for Blossom Company includes the following:
cricket20 [7]

Answer:

Total current assets            $83,580

Explanation:

The preparation of the current assets section of the balance sheet is shown below:

<u>Current Assets                  Amounts </u>

Cash                                   $22,360

Debt investments(short term) $17,360

Accounts receivables     $30,100

Supplies                             $8,170

Prepaid Insurance              $5,590

Total current assets            $83,580

5 0
3 years ago
You plan to make a series of deposits in an interest-bearing account. You will deposit $1,000 today, $2,000 in 2 years, and $8,0
solniwko [45]

Answer:

$5,641

Explanation:

DEPOSIT NOW  

$1000 * FVIF 9%,8 PERIODS

= $1000 * 1.9926

= $1992.6

IN 2 YEARS

= $2000 * FVIF 9%,6 PERIODS

= $2000 * 1.6771

= $3354.20

IN 5 YEARS

= $8000 * FVIF 9%, 3 PERIODS

= $8000*1.2950

= $10360

WITHDRAWAL: IN 3 YEARS

= ($3000) * FVIF 9%, 5 PERIODS

= ($3000) * 1.5386

= ($4615.80)

IN 7 YEARS

= ($5000) * FVIF 9%, 1 PERIOD

= ($5000) * 1.0900

= ($5450)

Total value = $1992.6  + $3354.20 + $10360  - $4615.80 - $5450

Total value = $5,641

So, the total future value after eight years is $5,641

7 0
3 years ago
What is the answer to this question? B or C?​
ioda

Answer:B

Explanation: everything had a code of ethics.

3 0
3 years ago
What is true about investment and risk
scZoUnD [109]
Investing money is always good when the stock market is good
5 0
3 years ago
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