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
qwelly [4]
2 years ago
7

Explain how growing personal income is related to economic conditions.

Business
1 answer:
NISA [10]2 years ago
7 0

Answer:

see below

Explanation:

Personal income is the total earning an individual gets from wages, investments, bonuses, dividends, profits, or other ventures.  It is the sum of a household income. Personal income is calculated per period, usually one year.

Economic conditions refer to the prevailing state of a country or region's economy.  Economic conditions are ever-changing and are influenced by business cycles of expansions and contraction, government fiscal and monetary policies, macroeconomic factors, and global factors.  Governments and investor use indicators to tell the state of the economy

Economic conditions impact people's and business income. Government policies and global economics influence the level of economic activities. The expansion period has increased economic activities are leading to increased incomes. At contraction, business activities decline, resulting in reduced income.

You might be interested in
An increase in ________ will increase operating cash flow for a profitable
enot [183]

Answer:

Revenue / Sales

Explanation:

Operating cash flow is net of the cash received from the revenue and paid for the expenses during the year. Increase in revenue will lead to an increase in operating cash flow of a profitable business. Operating cash flow is net of the cash received from the revenue and paid for the expenses during the year. on the other hand the increase in Expenses will result in the decrease in operating cash flows.

3 0
3 years ago
What term describes the short period of unemployment used for matching job seekers to jobs?
slamgirl [31]
The correct answer is letter C. Structural unemployment describes the short period of unemployment used for matching job seekers to jobs. This happens when there is no available job that the economy can offer that would match the employees general skills. 
5 0
3 years ago
Secret Trails received payment in full within the credit period for horse boarding for $1,300 plus 4% sales tax. Terms of the sa
riadik2000 [5.3K]

The appropriate journal entry is:Debit Cash $1313; debit Sales Discount $39; credit Accounts Receivable $1352.

<h3>Journal entry</h3>

Based on the information given the correct entry to record this transaction is:

Debit Cash $1313

{$1300+[($1300×4%)-($1300×3%)]}

[$1300+($52-$39)]

Debit Sales Discount $39

($1300×3%)

Credit Accounts Receivable $1352

[$1300 + ($1300×4%)]

Inconclusion the appropriate journal entry is:Debit Cash $1313; debit Sales Discount $39; credit Accounts Receivable $1352.

Learn more about journal entry here:brainly.com/question/9701045

7 0
2 years ago
A shareholder invested in a mutual fund and has signed a letter of intent to invest $25,000. Her original investment was $13,000
Delvig [45]

Based on the information given for her to complete her letter, she must deposit D) $12,000.

<h3>Deposit:</h3>

Using this formula

Deposited amount=Amount invested-Original investment

Where:

Amount invested=$25,000

Original investment=$13,000

Let plug in the formula

Deposited amount=$25,000-$13,000

Deposited amount=$12,000

Inconclusion for her to complete her letter, she must deposit D) $12,000.

Learn more deposit here:brainly.com/question/1752098

5 0
2 years ago
Fiscal policy is limited when the slope of the
Mashcka [7]
The right answer for the question that is being asked and shown above is that: "d. AD and AS curves are more horizontal to the multiplier is more effective." Fiscal policy is limited when the slope of the <span>AD and AS curves are more horizontal to the multiplier is more effective.</span>
4 0
3 years ago
Other questions:
  • Q 9.1: When can interest be included in the acquisition cost of a plant asset?A : during the construction period of a self-const
    13·2 answers
  • If a person invests $100,000 now and receives $4,000 per quarter for 10 years, the nominal rate of return per year is nearest to
    7·1 answer
  • A cost center does not directly generate revenues. <br> a. True <br> b. False
    9·1 answer
  • Gardner electric has a beta of 0.88 and an expected dividend growth rate of 4.00% per year. the t-bill rate is 4.00%, and the t-
    10·1 answer
  • Treasury bonds paying an 8% coupon rate with semiannual payments currently sell at par value. What coupon rate would they have t
    5·1 answer
  • A country finds itself in the following situation: a government budget surplus of $900; total domestic savings of $200, and tota
    6·1 answer
  • Bucknum Boys, Inc., produces hunting gear for buck hunting. The company’s main production departments are Molding and Finishing.
    13·1 answer
  • A company's Cash account shows an ending balance of $4,600. Reconciling items included a bookkeeper error of $105 (a $525 check
    9·1 answer
  • The Osgood county refuse department runs two recycling centers. Center 1 costs $40 to run for an eight hour day. In a typical da
    12·1 answer
  • Which of the following is a coverage that is broad because it can cover personal as well as commercial entities
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!