The business cycle graph demonstrates the short-term variations in the economy.
When real output declines for at least two quarters in a row, the economy is in a recession (real GDP). Depression is a long-lasting, severe recession.
Every country's economy has expansionary and contractionary eras. The levels of employment, productivity, as well as the overall demand and supply of the country's goods and services, all contribute to these shifts. The variations of the economy between times of expansion (growth) and contraction are referred to as the "economic cycle" (recession). The present stage of the economic cycle can be determined using variables like gross domestic product (GDP), interest rates, total employment, and consumer expenditure.
Learn more about business cycle hear:
brainly.com/question/14560717
#SPJ4
They should understand when they need professional advice, they need to get it. Let the small business owner hire a tax accountant, lawyer, and subscribe to a debt collection service. (<span>Kevin k)</span>
Answer:
True
Explanation:
When it start failling it is still true.
Answer:
D) 5182 glass vases
Explanation:
<em>Contribution per glass vases:</em>
$4.5 selling price - $ 1.75 variable cost= 2.75
<em>Operating income:</em>
29,000 units x $ 2.75 - $ 8,500 = $71,250 operating income
<em>Target income is to obtain a 20% increase:</em>
71,250 x (1 + 20%) = 85,500 target income:
<em>units needed for target income:</em>
(85,500 target income + 8,500 fixed cost) / 2.75 contribution per unit= 34.181,81
aditional glass vases needed for target income:
34,182 - 29,000 = 5,182
Katrine doesn't understand all of the various aspects of automobile insurance and relies on her local independent State Farm Insurance agent to provide her with information. This agent acts as a(n) intermediary for State Farm.
