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
spin [16.1K]
2 years ago
12

Notice that real GDP trends upward over time but experiences ups and downs in the short run. A period of declining real GDP, suc

h as the blue-shaded period in 1957, is known as . True or False: Small ups and downs in real GDP follow a consistent, predictable pattern. True False Which of the following probably occurred as the U.S. economy experienced declining real GDP in 1957
Business
1 answer:
vredina [299]2 years ago
6 0

Answer: • Recession

• False

• The unemployment rate increased.

Consumer spending declined.

Explanation:

1. Notice that real GDP trends upward over time but experiences ups and downs in the short run. A period of declining real GDP, such as the blue-shaded period in 1957, is known as (Recession)

Recession is the significant decline in the economic activity which lasts for more than a few months, which results in a fall in GDP, employment, real income, and industrial production.

2. Small ups and downs in real GDP follow a consistent, predictable pattern. - False

It should be noted that small ups and downs in real GDP doesn't follow a consistent, predictable pattern

3.Which of the following probably occurred as the U.S. economy experienced declining real GDP in 1957

The unemployment rate increased.

Consumer spending declined.

A fall in real GDP will lead to a fall in the demand of goods and services as consumer spending reduces. Also, the unemployment rate increases as some workers may be laid off due to reduction in demand.

You might be interested in
Career skills refer to the complicated tasks performed on the job <br><br> T or F
aksik [14]
The answer is  fales hope i helped
3 0
3 years ago
Read 2 more answers
Rimi currently earns $3300 per month. She has the following monthly debt payment expenses: $80 for credit cards, $130 for studen
vaieri [72.5K]

Answer:

No, her ratio is greater than 37%

Explanation:

Given:

Monthly income = $3,300

Credit card expenses = $80

Student loan expenses = $130

Car payment = $215

All insurances = $1,221

Computation:

Total debt to income ratio = Total debt / Total income

Total debt to income ratio =  (80 + 130 + 215 + 1221) / 3300

Total debt to income ratio = 49.87%  

Housing payments to income ratio = All insurances / Monthly income

Housing payments to income ratio = (1221) / 3300

Housing payments to income ratio = 37%  

No, her ratio is greater than 37%

3 0
3 years ago
Gnosis Inc. is an energy drink manufacturer. A white racing stag on a purple background is the logo on all of its drinks. When c
xz_007 [3.2K]

Given that the logo of the brand is what makes people to buy when they see it, it is an example of a retrieval cue.

<h3>What is a retrieval cue?</h3>

This is the cognitive and the phsyical environment of a person that helps them to recall certain things.

The cue here helps people to but the brand of this drink because they have become so familiar with it.

Read more on business here: brainly.com/question/24553900

#SPJ1

3 0
2 years ago
The use of accelerated depreciation:____.a. discourages investment in plant and equipment. b. increases expenses and decreases c
Elena-2011 [213]

Answer:

c. initially decreases the firm's taxes

Explanation:

Accelerated depreciation provides for a higher rate of capital allowance on the assets that is New and Unused and brought in the business for use in manufacturing for the first time. This allowance then lowers for the other years. The purpose of this is to encourage  investment in plant and equipment as it initially decreases the firm's taxes.

8 0
3 years ago
On September 30, 2021, Bricker Enterprises purchased a machine for $200,000. The estimated service life is 10 years with a $20,0
vagabundo [1.1K]

Answer:

$38,000

Explanation:

Double-declining-balance method used its ratio by computing depreciation expense. By multiplying it against original cost. To get ratio we simply divide 100% over the life of an asset times 2.

100% / 10 years x 2 = 20%

First, we will compute the 2021 depreciation for us to know our base amount on year 2022.

$200,000 x 20% = $40,000 x3/12 = $10,000

we prorate the annual depreciation expense because part of it is applicable to 2021 and 2022.

For year 2022, we have two ways to compute.

First:

$200,000 x 20% = $40,000 x 9/12 = $30,000 (the portion of the first year’s depreciation that’s for January 1, 2022 to September 30,2022), plus

$200,000 - $40,000 = $160,000 (year 2 net book value)

$160,000 x 20% = 32,000 x 3/12 = $8,000 (portion of second year’s depreciation that for October 01, 2022 to December 31, 2022)

Or second, an alternative way to compute,

2021

$200,000 x 20% = $40,000 x 3/12=$10,000

2022

$200,000 - $10,000 = $190,000 (Net book value)

$190,000 x 20% = $38,000

*Residual value is ignored in computing depreciation expense under double-declining-balance method.

7 0
3 years ago
Other questions:
  • Quinlan has ample E &amp; P to cover any distributions made during the year. One distribution made to a shareholder consists of
    8·1 answer
  • An example of a product that would be sold through niche marketing is
    10·1 answer
  • Because of uncertainty about future inflation, the union devotes a large quantity of resources to monitoring inflation indicator
    13·1 answer
  • Emma has ben promoted to a managerial position where she manages fifty employees in a division that has a history of low product
    8·1 answer
  • Peter Drucker championed several ideas that continue to be influential to this day, including decentralization, employees as cor
    14·1 answer
  • The study of how benefits are determined for city employees would be considered
    15·1 answer
  • Bigham Corporation, an accrual basis calendar year taxpayer, sells its services under 12-month and 24-month contracts. The corpo
    9·1 answer
  • Castillo Company has a defined benefit pension plan. At the end of the reporting year, the following data were available: beginn
    12·1 answer
  • Help with the a bove questions​
    6·1 answer
  • When an employer hires an employee to enter into contracts on behalf of the employer, a ______ relationship typically exists.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!