Answer:
Business cycle
Explanation:
Cyclical unemployment is when employment level changes with the business cycles. Unemployment increases when there's a downturn in the economy and reduces when there's an upturn in the economy.
During downturns, firms demand for labour falls and unemployment increases.
During a boom, firms demand for labour increases and unemployment falls.
I hope my answer helps you
President Hoover responded cautiously to the Great Depression because he thought <span>that the business cycle would correct itself. The correct option among all the options that are given in the question is the first option or option "A". I hope that this is the answer that has actually come to your desired help.</span>
The term for an arrangement between you and another party where you receive goods or services now and arrange to pay later is: Credit.
<h3>What is credit?</h3>
Credit can be defined as the way in which a person collect loan or borrow from a lender with the intention to payback the lender at a stipulated period of time.
When a buyer received products or goods from a seller with a plan to payback the seller this method of transaction is known as credit.
Therefore the term for an arrangement between you and another party where you receive goods or services now and arrange to pay later is: Credit.
Learn more about credit here:brainly.com/question/26867415
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Answer:
$19,500
Explanation:
Given that,
Bob's outside basis in Freedom, LLC, = $10,000
One-fourth share of the LLC's debt = $2,500
Bob's 704(b) capital account = $17,000
Tom bought Bob's LLC interest = $17,000
Tom's outside basis be in Freedom, LLC:
= Amount paid for interest + share of LLC’s Debt
= $17,000 + $2,500
= $19,500