C) It is generally agreed that the government must provide public goods.

Line graph labeled Business Cycle. Curve rises, falls, rises again, and begins to fall again. Point A marks top of first curve.

CaHeK987 [17]

The part of the business cycle given that shows a period of contraction is <u>Point B. </u>

<h3>Why does point B show contraction?</h3>

When the economy is in a period of contraction, the business cycle would show a fall from the peak to the trough.

The peak is point A and the trough is Point C. Point B shows the fall from A to C which means that Point B must be the contraction.

In conclusion, option B is correct.

Find out more on the business cycle at brainly.com/question/26086110.

5 0

1 year ago

The trial balance before adjustment of Taylor Swift Inc. shows the following balances.

ale4655 [162]

Answer:

A. Dr Bad Debt Expense$5,350

Cr Allowance for Doubtful account$5,350

B. Dr Bad Debt Expense $2,800

Cr Allowance for Doubtful account$2,800

Explanation:

Preparation of the journal entry for the estimated bad debts

A. Based on the information given the Journal entry for estimated bad debts assuming that the allowance is to provide for doubtful accounts will be:

Dr Bad Debt Expense$5,350

Cr Allowance for Doubtful account$5,350

[(4%*90,000)-1,750]

B. Based on the information given the Journal entry for estimated bad debts assuming that the allowance is to provide for doubtful accounts will be:

Dr Bad Debt Expense $2,800

Cr Allowance for Doubtful account$2,800

[(5%*90,000)-1,700]

3 0

2 years ago

What kind of applications can improve the quality of your blog ?

RSB [31]

The answer for the question is the letter B) advanced graphics

7 0

2 years ago

Read 2 more answers

The Sanding Department of Bonita Furniture Company has the following production and manufacturing cost data for March 2020, the

Alex_Xolod [135]

Answer:

Explanation:

Production cost report is a detailed list of cost of production including the cost of raw material and operating cost

<u>Production cost for Bonita for March 2020</u>

Units Materials Conversion

costs

Units transferred out 7420 7420 7420

Work in process 3000 3000 (3000*20%)600

Total units 10,420 10,420 8020

Cost Materials Conversion Total

Total cost 35428 60150 95578

Equivalent units 10420 8020

Cost/unit 3.40 7.50 10.90

Cost in the month 95578

Cost reconciliation

Cost allocated to transferred out = 10.9*7420 =80878

Work in process for the month

Materials = 3000*3.40= 10200

Conversion 600*7.50 = 4500

total 14700

Total cost for the month = 80878+14700= 95578

7 0

3 years ago

To compare the $1-an-hour your grandfather earned in 1950 with the $8-an-hour you earn today, you would need to: Question 35 opt

Ilya [14]

Answer:

c) calculate real wages in both 1950 and today.

Real wage is income expressed in terms of purchasing power, which means that it is inflation adjusted for eg what $1 could buy in 1950 compared to what $1 can buy today. So when we find the real wages of today and 1950 we can compare the purchasing power of both the wages and then compare them.

Explanation:

8 0

3 years ago