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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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Interim financial statements: are always prepared before any adjustments have been recorded. show the assets above the liabiliti
prisoha [69]

Answer:

cover less than one year, usually spanning one-, three-, or six-month periods

Explanation:

Interim financial statements: Interim financial statements are those statements that are prepared for less than one year. It can be made monthly, quarterly, half-yearly or yearly. But its duration is less than one year. It is used to give updated information which can change the investor's decision in a future period.  

It includes all types of statements like balance sheet, income statement, cash flow statement. These statements are not audited and mostly it is prepared in publicly held companies.

4 0
3 years ago
Why might the government or society want the rent policy in place rather than letting the market decide on the price of the good
alekssr [168]

Rent control does decrease housing costs for some low income households, the savings from dwelling in these devices tends to accrue disproportionately to families who show up to be in the right vicinity at the proper time; and a couple of households in better income brackets with greater ability to secure.

According to the basic idea of supply and demand, rent control causes housing shortages that lessen the wide variety of low-profit folks who can stay in a town. Even worse, lease manipulation will have a tendency to raise demand for housing — and therefore, rents — in other areas.

Policymakers often react to the results of hire manipulation by means of implementing additional rules. As an example, there are laws that make racial discrimination in housing unlawful and require landlords to provide minimally ok residing situations. Those laws, but, are difficult and luxurious to implement.

Learn more about Rent control here: brainly.com/question/2423256

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5 0
2 years ago
The price of gas increased, which means_<br> people will buy gas in the future.<br> more<br> fewer
oee [108]

Answer:

Fewer

Explanation:

A side effect of high gas prices is that discretionary spending of consumers goes down as they spend relatively more of their income on gasoline. Higher prices also mean that shoppers will tend to drive less - including to places like to mall or shopping center.

7 0
3 years ago
Read 2 more answers
All of the following are examples of a SMART goal EXCEPT:
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4 0
3 years ago
In the text box below, enter one of your purchase goals.
Kisachek [45]

Answer:

A. Enter one of your purchase goals.

Goal: I will buy a laptop after I graduate high school to start writing books.

B. How much does this cost?

Cost: $999.00

C. How much money do you currently have saved?

Money currently saved: $270.00

D. How much more do you need to reach you goal?

Money needed to reach goal: $730.00

E. List some steps you can take this year to help you save toward this goal.

After I graduate from high school I would get a job to start saving money.

F. List some steps you can take next year to save toward this goal.

Next year I will deposit $50 per month into my savings account to reach my goal.

Explanation:

7 0
3 years ago
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