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fiasKO [112]
3 years ago
5

Steve and his brother used to work at the same organization. A few months ago their employer terminated them because the busines

s had slowed due to slow economic growth in the country. A couple of months later, Steve found out that many of his friends are also unemployed. The government stated that GDP had fallen for two consecutive quarters. Steve’s country is experiencing which economic phase?
Business
2 answers:
kondor19780726 [428]3 years ago
5 0

Answer:recession

Explanation:A recession occurs when there are two or more consecutive quarters of negative economic growth, as measured by gross domestic product (GDP) or other indicators of macroeconomic performance including unemployment

marusya05 [52]3 years ago
5 0

Answer:

<em>D: Recession </em>

Explanation:

#PlatoFam !!!

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Bramble corp. wants to sell a sufficient quantity of products to earn a profit of $200000. if the unit sales price is $18, unit
mote1985 [20]

To solve for units sold at an income of $200,000:

First, I would subtract the variable cost of $8 from the unit sales price of $18 dollars which gives you $10.


Unit profit = $10

Fixed costs = $200,000

How many units need to be sold to earn an income of $200,000?


40,000 units x $10 = $400,000 - $200,000 = $200,000


40,000 units need to be sold to earn an income of $200,000.

3 0
3 years ago
Refer to the supply and demand data for a certain elective surgical procedure. Without health insurance, the equilibrium price a
fenix001 [56]

Answer:

$3,000 and 7,000

Explanation:

Please find attached the table used in answering this question

Equilibrium price is the price at which quantity demand equal quantity supplied.

Equilibrium quantity is the quantity that equates  quantity demand with quantity supplied.

Above equilibrium price there is a surplus - quantity supplied exceeds quantity demanded. As a result of the surplus, price would fall until equilibrium is reached.

Below equilibrium price there is a shortage - quantity demanded exceeds quantity supplied. As a result of the shortage, price would rise until equilibrium is reached

5 0
3 years ago
An association that Korean Americans are able to use to pool their money together and provide grants to subsidize the startup co
Free_Kalibri [48]

Answer:

KYES

Explanation:

KYES are clubs created by Korean Americans in which the members make a contribution and the money gathered is used to provide loans to start businesses. According to this, the answer is that an association that Korean Americans are able to use to pool their money together and provide grants to subsidize the startup costs of businesses are called KYES.

8 0
3 years ago
Jamie is single. In 2021, she reported $104,000 of taxable income, including a long-term capital gain of $5,400. What is her gro
Vikentia [17]

For a $104,000 of taxable income, including a long-term capital gain of $5,400, her gross tax liability  is mathematically given as

T=$17479

<h3>What is her gross tax liability?</h3>

Generally, the $95000 will be charged with an ordinary tax rate

Capital gain of $5000  will be charged by 12% rate.

Therefore, Tax on $95000

Tx = 14605.50+ 24%*(95000 - 85526)

Tx= $16879.26

ForCapital gain

Cx= 12%*5000

Cx= $600

In conclusion, her gross tax liability

T= 16879.26 + 600

T=$17479

Read more about Arithmetic

brainly.com/question/22568180

8 0
2 years ago
As interest rates rise, _____.
brilliants [131]

B.it becomes more expensive to hold money as cash is the correct answer

7 0
3 years ago
Read 2 more answers
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