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
How did speculative investing weaken the stability of the stock market?
tiny-mole [99]
<span>Heavy speculation is a bad idea in any market since it has a tendency to inflate prices to unrealistic levels. That is basically what many investors prior to the Great Depression did when they thought the market would keep going higher and higher. They borrowed money, sold their houses, etc.. to buy into the stock market thanks to that kind of speculation without even considering the underlying reasons for why the market is there in the first place.</span>
7 0
3 years ago
Admire County Bank agrees to lend Sheffield Brick Company $614000 on January 1. Sheffield Brick Company signs a $614000, 8%, 9-m
AleksAgata [21]

Answer:

January 1

Cash                                    614000 Dr

   Notes Payable                      614000 Cr

Explanation:

The Sheffield Brick Company has borrowed from the Admire county bank which means the note payable is a liability in the books of the Sheffield Brick company. As liability is increased or recorded, it is credited. The amount of liability is $614000 on the day of the issuance of note. Thus, Sheffield will credit Note payable by $614000.

The Sheffield company has received cash by signing note. As cash is an asset and it is increasing, the Sheffield company will debit cash by 614000 against the notes payable.

4 0
3 years ago
When current output is greater than potential output, which of the given monetary policies is the Federal Reserve (the Fed) like
choli [55]

When the current output is more than the potential output the fed is likely to enact decreasing reserves to increase interest rates.

The reason why they would have to do this is based on the fact that when the actual output in the economy is more than the potential output, It means that there is an inflationary gap.

In order to close this gap, the fed would have to reduce the aggregate demand, thereby raising the rate of interest. This would in turn lead to the fall in consumption and fall in saving.

Read more on brainly.com/question/11417698?referrer=searchResults

7 0
3 years ago
a guitar manufacturing company, launched 1000 high-quality, limited-edition guitars worldwide at a premium price of $10,000 per
larisa [96]

Answer:

skimming prices

Explanation:

Based on the scenario being described it can be said that it can be concluded that Timber Guitars has adopted the strategy of skimming prices. This is a a pricing strategy in which a company or marketer sets a relatively high starting price for their products in the beginning of introducing it into the market, then only after some time has passed do they begin to lower prices slowly. Which is what Timber Guitars has done by placing the guitar at a very high price and only lowering it after a good quantity were sold.

7 0
3 years ago
Sean bought a rare stamp for $15.he was told that it would increase in value by $11 each year.what will the stamps value be afte
Lynna [10]
The answer is 59$. it's mental math dude just multiply 11 by 4 and then add it to 15
8 0
3 years ago
Other questions:
  • A bank in​ Austin, Texas, has allowed its state banking​ license, under which it had been regulated by the Federal Deposit Insur
    10·1 answer
  • Selene, a new recruit at Yellow Systems Inc., was encouraged to join the Hispanic Help Group (HHP) to discuss the challenges and
    5·1 answer
  • You notice that Coca-Cola has a stock price of $41.09 and EPS of $1.89. Its competitor PepsiCo has EPS of $3.90. But, Jones Soda
    13·1 answer
  • The adjusting entry to record accrued revenue a.differs from the journal entry to record revenue on account. b.includes a debit
    15·1 answer
  • Based on a predicted level of production and sales of 15,000 units, a company anticipates reporting operating income of $22,000
    10·1 answer
  • A customer buys 100 shares of ABC at $17 as the initial transaction in a new margin account. The customer must deposit:______
    12·1 answer
  • The following credit sales are budgeted by Terra Co.: January $204,000 February 300,000 March 420,000 April 360,000The company's
    13·1 answer
  • In 2007, Gillette saw an opportunity to capture the market of 500 million Indians who used double edge razors with no protection
    12·1 answer
  • ________ is a technique used to predict future outcomes based on historical data and analytics techniques.
    6·1 answer
  • According to Linda Hill's study, after six months as a manager, most of the new managers believed that their job was to:
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!