Answer:
Consumer Financial Protection Bureau
Answer: 22; 7
Explanation;
A Recession refers to the economy of a country contracting for at least 2 quarters.
Since the the beginning of the twentieth century, the United States has experienced<u> 22 recessions </u>with the worst being the Great Depression of 1929 and the Great Recession of 2008.
Of those,<u> 7 have occurred since 1970</u> with the 7th ongoing as a result of the Corona virus pandemic.
If inflation is lower than expected, it would benefit the union and it would be a disadvantage to Friendly Airlines because the real wage increase would now be 4%.
<h3>What is inflation?</h3>
Inflation is when there is a general increase in the general price level of an economy. If inflation turns out to be lower than expected, the employers would be at a disadvantage while the employees would be at advantage because there would be an increase in their real wages.
Increase in real wage = real increase in wage + (expected inflation + actual inflation)
3% + (6% - 5%) = 4%
To learn more about inflation, please check: brainly.com/question/15692461
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Answer:
C. $20,000
Explanation:
Given the data below,
Property transfered = $200,000
Basis = $60,000
Return = 82℅
Fair market value = $180,000
Long term fair market value = $20,000
In the above scenario, we can safely say that Eileen realized gain of $140,000 on the transfer of property, which is due to;
Property worth $200,000 - basis $60,000 = $140,000.
However, because recognized gain cannot exceed the lesser of realized gain ($140,000) or the boot received ($20,000), the recognized gain is therefore $20,000
