1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Firdavs [7]
3 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]3 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.

You might be interested in
The fields company has two manufacturing departments, forming and painting. the company uses the weighted-average method of proc
BlackZzzverrR [31]

The company uses the weighted-average method of process costing. At the beginning of the month, the forming department has 26,000 units in inventory, 70% complete as to materials and 30% complete as to conversion costs. ... Units completed in the forming department are transferred to the painting department.

6 0
3 years ago
1. The following are categories of accounts reported in the financial statements: A. Current Assets E. Long-Term Liabilities B.
kondaur [170]

Answer:

E, B, D, C, A, G, H, F

Explanation:

Bonds Payable - <em>Long-term liabilities</em>

Buildings - <em>Fixed assets</em>

Accrued Liabilities - <em>Current liabilities</em>

Intangibles - <em>Intangible assets</em>

Inventory - <em>Current assets</em>

Unearned Rent Revenues - <em>Revenue</em>; advanced paid rentals

Accumulated Depreciation - <em>Expense</em>

Retained Earnings - <em>Stockholder's equity</em>

3 0
3 years ago
Using the FAFSA form, you can apply for
VARVARA [1.3K]
<span>The FAFSA form is used in order to apply for Federal Student Aid. This is due to the fact that the form assesses the financial situation of the student and their family, and is able to provide funding for the student to pursue their higher level education.</span>
8 0
3 years ago
Wildhorse Company accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total
tangare [24]

Answer:

Variable cost per unit= $1.4 per unit

Explanation:

Giving the following information:

Miles Driven Total Cost Miles Driven Total Cost

January: 8,000 $14,120

March: 8,550 $14,979

February: 7,490 $13,495

April: 8,195 $14,490

To calculate the variable cost under the high-low method, we need to use the following formula:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (14,979 - 13,495) / (8,550 - 7,490)

Variable cost per unit= $1.4 per unit

7 0
3 years ago
A next monthly interest payment on a loan with a principal balance of $19,531 is $109.86. what is the interest rate on the loan?
8_murik_8 [283]

The next monthly interest payment on a loan with a principal balance of $19,531 is $109.86. 6.75% is the interest rate on the loan.

The interest rate is the percentage of the loan that the borrower pays to the lender. Most loans pay interest in addition to the principal. Lending rates are usually expressed in his APR or APR which includes both interest and fees.

Monthly Interest Payment means the amount of interest payable on the Payment Date for the preceding Interest Period based on the interest calculated at the Monthly Interest Rate for the preceding Interest Period.

Interest is an additional payment known as interest on top of the principal paid to a lender for the right to borrow money.

Learn more about monthly interest payment at

brainly.com/question/2151013

#SPJ4

7 0
1 year ago
Other questions:
  • Smiley Corp.'s transactions for the year ended December 31, 2018 included the following:
    9·2 answers
  • Are secretary most important employee in a business?
    14·1 answer
  • Quiz week 3 - 401(k) &amp; investing a 6. if a person starts investing $100 per month starting at age 21, and that money earns a
    12·2 answers
  • Transactional leaders try to get people to do ordinary things while _________ leaders attemps to get people to do exceptional th
    15·1 answer
  • If a policyowner unintentionally pays premiums in excess of the MEC guidelines, the excess premium can be refunded by the insure
    13·1 answer
  • When bonds are issued at a premium, the total interest cost of the bonds over the life of the bonds is equal to the amount of
    10·1 answer
  • While almost everyone purchases toothpaste, not everyone buys the same toothpaste. Even a single brand can have several variants
    5·2 answers
  • Mirrlees Corp. has 11,000,000 bonds convertible into 39 shares per $1,000 bond. Mirrlees has 570,000 outstanding shares. Mirrlee
    13·1 answer
  • . The market price of Northern Mills stock has been relatively volatile and you think this volatility will continue for a couple
    13·1 answer
  • Jacoby Company received an offer from an exporter for 25,400 units of product at $18 per unit. The acceptance of the offer will
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!