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3 years ago

Which economic indicators most strongly suggest that an economy is

Business

1 answer:

Mnenie [13.5K]3 years ago

8 0

Answer:

D. Unemployment rates are declining while GDP is rising.

Explanation:

A business cycle is the natural increase and decrease in economic activities in a country. It refers to the shifting from an economic boom to a downturn that occurs naturally in the economy. The expansion phase is also the boom in a business cycle.

At expansion, the country experiences an increase in the level of economic activities. There is an increase in demand for products and services. Businesses and households have increased incomes. Due to the increase in demand, businesses employ more people to help increase production. As a result, GDP increases, and unemployment declines.

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(1) (2) (3) DI C DI C DI C $ 0 $ 4 $ 0 $ 65 $ 0 $ 2 10 11 80 125 20 20 20 18 160 185 40 38 30 25 240 245 60 56 40 32 320 305 80

Kobotan [32]

Answer:

the marginal propensity to consume in the economy is 0.7

Explanation:

The calculation of the marginal propensity to consume in the economy is given below:

As we know that

Marginal propensity to consume = Change in consumption ÷ Change in income

= 7 ÷ 10

= 0.7

Hence, the marginal propensity to consume in the economy is 0.7

Therefore the last option is correct

The same is relevant

8 0

3 years ago

Craft Inc.'s Krayons is a multi-color chalk material that was released in the market over a century ago. Since the release, the

Ahat [919]

Answer:

maturity

Explanation:

The four stages of a product's life cycle are:

introduction: the new product is released in the market (it is born), sales are slow and advertisement costs are high.
growth: sales volume increases, customers know about the product, and competing firms are starting to launch their own versions of the product.
maturity: sales growth stops, which means that total sales reached a zenith, companies fight to keep their share of the market and generally launch different versions of the product to keep customers interested.
decline: sales volume starts to decrease as the product becomes obsolete. Finally the product will stop being produced (the product dies).

5 0

4 years ago

Revolve Company is a price-taker and uses a target-pricing approach« on: September 24, 2015, 03:43:22 PM »Refer to the following

djyliett [7]

Answer: $17,209,000

Explanation:

Given that,

Production volume = 602,000 units per year

Market price = $32 per unit

Desired operating income = 15% of total assets

Total assets = $13,700,000

Total Income = 15% of Total assets

= $13,700,000 × 15%

= $ 2,055,000

Total Sales = Market price × Production volume

= $32 × 602,000

= $ 19,264,000

Target full product cost in total for the year = Total Sales - Total Income

= $ 9,264,000 - $2,055,000

= $17,209,000

4 0

3 years ago

Mango Company applies overhead based on direct labor costs. For the current year, Mango Company estimated total overhead costs t

Inessa05 [86]

Answer:

Overapplied overhead= $16,000

Explanation:

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 340,000 / 170,000

Predetermined manufacturing overhead rate= $2 per direct labor dollar

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 2*192,000

Allocated MOH= $384,000

Finally, the over/under allocation:

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 368,000 - 384,000

Overapplied overhead= $16,000

7 0

3 years ago

Effect in the accounting equation when cash dividends are declared

charle [14.2K]

Yes i do believe that is true my friend

3 0

3 years ago