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
MaRussiya [10]
3 years ago
7

Explain what is happening during each phase of the cycle with: I. output, II. employment III. and inflation

Business
1 answer:
Ludmilka [50]3 years ago
5 0

Answer:

During each phase of the economic cycle of Recession and Expansion, the following economic variables fluctuate, accordingly:

I. Output: During Recession, production output reduces.  But, during expansion, product output rises with rising income, employment, and even stable inflation.

II. Employment: During phases of economic Expansion, employment rises, while it contracts during the phases of Recession.

III. Inflation: Due to rising income and output during economic expansionary periods, inflation rate also rises.  It reduces when the economy enters a recession.

Explanation:

Business or Economic Cycle describes the recurrent, but not periodic, sequence of changes in the aggregate economic activities of a nation.  It usually cascades between the spectrum of expansion and recession.  This means that there is an alternation of the phases of economic cycle between expansion and contraction (recession) when the aggregate economic activities may rise or decline due to the equal movement of economic variables like the GDP output, employment, income, and sales.

You might be interested in
Consider two spices, cumin and paprika, to be substitutes, a decrease in the supply of paprika, should cause an increase in the
makvit [3.9K]

Answer:

an increase in the price of both

Explanation:

A decrease in the supply of paprika would cause an increase in the price of both substitute goods. When the supply of paprika falls, the demand will be greater than what is available for sale and this would cause the sellers to raise it's price afterall it is now scarce.

Also as a substitute good, more people would begin to switch to buying cummin which would raise the demand for cummin. This increase in demand for cummin would then cause the price of cummin to go up.

3 0
3 years ago
I WILL GIVE BRAINLIEST, 5 STARS, AND A THANKS IF YOU HELP ME PLEASE!!!!!
siniylev [52]

Answer:

Actively listen if she is at her desk but ask them to approach her at a better time if she is in the lunchroom or in the hallway

7 0
2 years ago
QUIZLET: Most foreign exchange comes to Central Africa from Group of answer choices plantation plant products forest products mi
andreyandreev [35.5K]

The activity that brings in the most foreign exchange to Central Africa is <u>Mining</u>.

<h3>How much mining is done in Central Africa?</h3>

Central African nations such as Central African Republic are well known to have a lot of natural resources.

Minerals available include copper, diamonds, limestone, uranium and others. As a result, mining these minerals brings foreign exchange to the region.

Find out more on international trade at brainly.com/question/15115779.

#SPJ1

3 0
2 years ago
The following information was available for the year ended December 31, 2019 Net sales Cost of goods sold Average accounts recei
Tom [10]

Answer:

a. Inventory Turnover:

= Cost of goods sold / Average inventory for the year

= 642,400 / 210,000

= 3.06

b. Number of days' sales in inventory

= Ending inventory / (COGS / 365)

= 156,409 / (642,400 / 365)

= 88.9 days

c. Accounts receivable turnover

= Net sales / Average Accounts Receivable

= 1,022,000 / 43,000

= 23.77 times

d. Number of days sales in accounts receivable

= Accounts Receivable at year end / (Net sales / 365)

= 22,400 / (1,022,000 / 365)

= 8 days

3 0
3 years ago
Suire Corporation is considering dropping product D14E. Data from the company's accounting system appear below: Sales $ 600,000
atroni [7]

Answer:

$127,000

Explanation:

Suire Corporation Net operating income

Sales $ 600,000

Variable Costs $ 241,000

Contribution Margin $ 359,000

Fixed Expenses $232,000

Net Operating Income $127,000

6 0
3 years ago
Other questions:
  • Jeremy Corporation estimated manufacturing overhead costs for the year to be $ 550 comma 000. Jeremy also estimated 8 comma 000
    9·1 answer
  • How do fears of future economic problems affect gdp?
    13·2 answers
  • Consider the following information for Maynor Company, which uses a periodic inventory system:
    6·1 answer
  • Time Remaining 1 minute 56 seconds00:01:56 Item 1Item 1 Time Remaining 1 minute 56 seconds00:01:56 You Save Bank has a unique ac
    7·1 answer
  • Marv Company's direct labor costs for manufacturing its only product were as follows for October: Standard direct labor hours pe
    9·1 answer
  • HELP YALL PLEASE: A videogame company is losing market share because it falls to launch new product features in a timely manner.
    6·1 answer
  • An appropriate fiscal policy for severe demand-pull inflation is
    11·1 answer
  • How do you feel about your instructions for using and caring for the mask? Do you think these instructions can help somebody to
    6·1 answer
  • In 25 years, a bond with a 4.75% annual interest rate earned $2,375 as interest. What was the principal amount of the bond if th
    7·1 answer
  • Recommend further strategies companies woolworths in south africa may use to protect the environment
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!