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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 !!!

You might be interested in
Which of the following is NOT a benefit of specialization and trade? Select one: a. Increase in productivity from specialization
lbvjy [14]

Answer:

b. It creates equality throughout society

Explanation:

Specialisation & Trade refer to tendency of countries to produce goods of their specialisation & trade them with each other , rather than each country producing each good.

It leads to increase in productivity from knowledge specialisation, based on advantage (absolute, comparative) based production. It also makes people better off, increase in welfare due to choice expansion among differing preferences.

However, it is not in anyways connected to equality throughout society.

3 0
3 years ago
Regina, the CEO of a popular health magazine, subscribes to 20 other magazines to follow the industry trends, understand the fin
Akimi4 [234]

Answer:

the monitor role

Explanation:

As stated by Henry Mintzberg, managerial roles can be divided into three basic categories:

  1. informational roles: includes monitor, disseminator and spokesperson roles.
  2. interpersonal roles: includes figurehead, leader and liaison roles.
  3. decisional roles: includes the entrepreneur, disturbance-handler, resource-allocator and negotiator roles.

The monitor role requires the manager to seek out information related to the organization and industry, and monitor the organization's productivity and well-being.

8 0
3 years ago
Classify the following cash flows as either operating, investing, or financing activities assume indirect method.1. Received cas
liq [111]

Answer and Explanation:

The classification is as follows

1. Investing activities  : Since there is cash received from the sale of equipment so the same is to be shown in the investing activities in a positive amount

2. Investing activities : Since there is cash paid for buy the long term investment so the same is to be shown in the investing activities in a negative amount

3. Financing activities : Since the cash is received so the same is to be shown in the financing activities in a positive amount

4. Financing activities  : Since the issuance of preferred stock is there so the same is to be shown in the financing activities in a positive amount

5. Financing activities  : Since the cash is paid so the same is to be shown in the financing activities in a negative amount

6. Operating activities : Since the cash is received so the same is to be shown in the operating activities in the direct method as a positive amount  

7. Operating activities  : Since the inventories are purchased so the same is to be shown in the operating activities in the direct method as a negative amount  

8. Operating activities : Since the cash is paid so the same is to be shown in the operating activities in the direct method as a negative amount  

9. Operating activities  : Since the cash is paid so the same is to be shown in the operating activities in the direct method as a negative amount  

10. Investing activities : Since the investment is sold  so the same is to be shown in the investing activities in a positive amount

4 0
2 years ago
A construction firm cannot obtain the necessary permits to begin building a shopping mall until it can show it either has or wil
Crazy boy [7]

Answer: Loan commitment or credit line

Explanation: A loan commitment refers to a promise under which the lender commit to provide a loan of a specified amount to the borrower. Similarly, a credit line refers to the amount of money that a credit card holder can use from that account.

In the given case, the construction firm wants to show that they can have necessary funding. Thus, they can use above tools to show that they have the back of banks in case of providing funding.

Thus, the correct option is C or D .

8 0
3 years ago
This is your chance to calculate demand elasticities for health care. Suppose you are collecting data from a country (like Japan
sergejj [24]

Answer:

Arc price elasticity of demand = -0.273

Explanation:

This problem is solved as follows:

1. Identify the data.

                   Outpatient visit       Price / visit

Tokyo           1.25 / month                  20y

Hokkaido      1.5 / month                   10y

Outpatient visits equal the quantities demanded of the service. Therefore, we can say that:

Qt (Outpatient visits in Tokyo) = 1.25 / month

Qh (Outpatient visits in Hokkaido) = 1.5 month.

With the following prices:

Pt (Price in Tokyo) = 20y

Ph (Price in Hokkaido) = 10 y

2. Apply the formula to calculate arc-elasticity of demand:

Ep^{arc} = \frac{Pt+Ph}{Qt+Qh} *\frac{Qh-Qt}{Ph-Pt}

We replace the data:

Ep^{arc} = \frac{20+10}{1.25+1.5} *\frac{1.5-1.25}{10-20}

Ep^{arc}= \frac{30}{2.75} *\frac{0.25}{-10} = 10.91 *-0.025

Ep^{arc} = -0.27275

Final answer: -0.27275 or -0.273

6 0
2 years ago
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