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OverLord2011 [107]
3 years ago
13

What economic event began in 2007?

Business
1 answer:
zubka84 [21]3 years ago
4 0

Answer:

The Great Recession

Explanation:

The Great Recession began in December 2007 and ended in June 2009, which makes it the longest recession since World War II. Beyond its duration, the Great Recession was notably severe in several respects. Real gross domestic product (GDP) fell 4.3 percent from its peak in 2007Q4 to its trough in 2009Q2, the largest decline in the postwar era (based on data as of October 2013). The unemployment rate, which was 5 percent in December 2007, rose to 9.5 percent in June 2009, and peaked at 10 percent in October 2009. (Robert Rich, federalreservehistory.org)

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A deposit of $800 is planned for the end of each year into an account paying 8 percent/year compounded annually. The deposits we
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Answer:

The amount in 23 years will be A = $4697.17

Explanation:

Using the Formula

A = P(1 + r/n){nt}

Where:

A deposit of (Principle) $800

Interest Rate =8% or 0.08

Compounded annually  (t) = 1

Number of years  (n) = 25-2 = 23 years

Applying the figures into the formula:

A = 800(1 + 0.08/1){1 *23}

A = 800(1 x 0.08){23}

A = 800(1.08){23}

A = 800(5.8715)

A = $4697.17

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3 years ago
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Knowledge of psychology and related books and resources

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The following information relates to next year's projected operating results of the Children's Division of Grunge Clothing Corpo
Komok [63]

Answer:

The annual financial disadvantage of eliminating the division is $30,000.

Explanation:

contribution margin = revenue - variable costs = $200,000

fixed expenses = $500,000

net loss = $300,000.

If the division is eliminated, only $170,000 of the fixed expenses can be avoided, therefore the company's fixed expenses will remain at $330,000.

Therefore, eliminating the children's division will result in a $30,000 (= $330,000 - $300,000) decrease in net income.

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3 years ago
Teams, whose members share egalitarian values, or a desire to create a shared sense of members, develop ________ interdependent
IrinaVladis [17]

Answer:

The answer is: A) High ; Low

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A high interdependence group is usually referred to a "Team". Each member has a task to do and his/her performance is very dependent on the tasks other team members are doing.

The term "Team" is used to exemplify groups within an organization as sports.

On the other hand, groups that only value its members personal merits and achievements develop low interdependence between members. Some professions are known for following this type of approach, i.e. accountants.

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4 years ago
In connection with the element of monitoring, a CPA firm’s system of quality control ordinarily should provide for the maintenan
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Answer:C. Documentation to demonstrate compliance with its policies and procedures.

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Monitoring and evaluation by regulatory bodies essentially requires documented evidence to show compliance, the ISO(INTERNATIONAL STANDARDS ORGANISATION) makes it as part of it requirements for QUALITY MANAGEMENT SYSTEM (QMS) that all firms must document,record and maintain its activities, in a document for reference purposes and to show compliance to established standards and procedures.

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