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CaHeK987 [17]
3 years ago
11

Recessions in China and India would cause:________

Business
1 answer:
lesya [120]3 years ago
6 0

Answer:

b. the U.S. price level to rise and real GDP to fall.

Explanation:

A recession can be regarded as macroeconomic term which is used to describe significant decline that occur in general economic activity within a designated region. It can be regarded as economic decline of two consecutive quarters which is been reflected by GDP along with some monthly indicators, this indicators could be a rise in unemployment.

For, instance Recessions in China and India would cause the U.S. price level to rise and real GDP to fall.

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Ralph, a cash basis taxpayer, owns an office building that he leases to various tenants. During 20X8, he signed a three-year lea
vagabundo [1.1K]

Answer:

b. $5,600

Explanation:

A cash basis taxpayer will report revenues and expenses when they are actually collected or paid for. The business transaction is not directly related to the moment that the payment occurs (unlike accrual accounting).

in this case, Ralph should report all the income related to monthly rental payments = $5,000 (Nov. 2008 - Oct. 2008) + $600 (the three last months of rent) = $5,600. Security deposits are not considered rental revenue, so they should not be reported as such.

7 0
4 years ago
Compared to a perfectly competitive market, a monopoly produces a ____ output and charges a ____ price, provided economies of sc
nlexa [21]

Answer:

lower, higher

Explanation:

Hope you find this useful

8 0
3 years ago
On November 1, Bahama National Bank lends $4 million and accepts a six-month, 6% note receivable. Interest is due at maturity. R
UkoKoshka [18]

Answer:

11/01

Dr Notes Receivable 4,000,000

Cr Cash4,000,000

12/31

Dr Interest receivable 40,000

Cr Interest revenue 40,000

Explanation:

Preparation of the journal entry to Record the acceptance of the note and the appropriate adjustmentfor interest revenue at December 31, the end of the reporting period.

11/01

Dr Notes Receivable 4,000,000

Cr Cash 4,000,000

12/31

Dr Interest receivable40,000

Cr Interest revenue 40,000

Calculation for Interest Revenue using this formula

Interest Revenue =Face Amount *Interest Rate *Time Period

Let plug in the formula

Interest Revenue= 4,000,000 x .06 x 2/12

Interest Revenue = 40,000

4 0
4 years ago
A manufacturer that sells _ is most likely to employ personal selling.
bonufazy [111]

Answer:

C. Private jets to people.

Explanation:

Personal selling refers to a strategy in which the sales people meet with the customer to convince him/her to buy the product. This strategy is used when the goods of services are costly or technical. According to this, the answer is that a manufacturer that sells private jets to people is most likely to employ personal selling because it is an specialized and costly product that requires to meet the customer to be able to explain everything and encourage him/her to make the purchase.

The other options are not right because they are cheaper products and don't require the sales people to meet with the customer to be able to sell them.

5 0
3 years ago
Which trait represents the ability to find solutions and achieve goals,even with limited resources
Talja [164]

Determined

Or resourceful

6 0
3 years ago
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