People need to have [Purchasing Power] in the economy to be able so spend money. Purchasing power means having the financial ability to spend money in buying goods and services.
Answer
D. A sunk cost is any cost that was expended in the past but can be recovered if the firm decides not to go forward with the project.
Explanation:
As per the data given in the question,
Option (D) is correct among the given statements. A sunk cost is that cost which was occurred and expended in the past and if firm decides to do not go ahead, it can not be recovered.
For illustration - Think about the cost incurred to find out the feasibility of the project. Though in past firm was agree with the project but now even if the firm decides not to the project, this cost can not be recovered.
Answer:
The answer is: FALSE
Explanation:
The US total workforce is not expected to decrease, not even because the baby boom generation may start to retire. The total labor force in the US was estimated to be 160 million people in January 2018. The total labor force has been steadily increasing since 1960 except during the great recession period between 2009 and 2011.
Dictionary: Often a book listing the spellings and Definitions of words.
