Answer:
D. Recession
Explanation:
Aggregate output in an economy declines during a recession. This is because economic activities are declining. When such occurs GDP declines. This is different from stagflation in the sense that during a recession, only real GDP declines. However, in a stagflation, the fall in GDP also results to the increase in inflation. During recessions, economic activities are low so is price level.
AH & LA was made to focus on the needs of every segment of lodging industry.
Answer:
D. For a higher interest rate, an annuity has a smaller future value
Explanation:
If the interest rate increases, then the capitalization factor on the annuity increases making the annuity future valeu increase:
on the capitalziation factor we got rate in both part of the division:
on the top part is being added a unit and power to t
while in the other it doesn't change.
While it is true that a higher dividend makes the quotient decrease, the increases in the top part exceeds by far the increase in the bottom part, making increase the quotient.
Answer:
flat
Explanation:
In a vertical structure of organization, there is a pyramidal top-down structure
whereby there would be be owner at top i.e CEO, a manager at middle section as well as supervisor and employees at the bottom section.
It should be noted that In the context of the vertical structure of a firm, a wide span of control builds a flat organization with few reporting levels.
