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dangina [55]
3 years ago
15

Introduction: Drag each tile into the box where it best belongs. Causes of Recession. Cause of Recovery. loss of jobs for worker

s falling demand for products increased hiring by employers rising demand for products​
Business
1 answer:
Dennis_Churaev [7]3 years ago
6 0

Answer: Please refer to Explanation

Explanation:

First an explanation of the terms.

Recession - A Recession refers to successive Quarters seeing a reduction in economic activity or negative Economic growth. On the business cycle, it is the area between the Peak and the Trough.

Recovery - This is the period in the business cycle where the Economy is rising and Economic growth is starting to be positive. It shows Increased business activity and is the area between the Trough and the Peak after the cycle leaves the Trough.

Classification.

Loss of jobs for workers - CAUSES OF RECESSION.

When workers lose their jobs, that means they will have less money to buy goods and services meaning that demand will fall. Demand falling means that companies have to produce less which leads to a reduction in Economic activity.

Falling demand for products - CAUSES OF RECESSION

As just mentioned, when there is a falling Demand for products, suppliers will respond by producing less goods. When this happens, there will be a reduction in Economic activities which is a Recession if the trend continues for a period of time.

Increased hiring by employers - CAUSE OF RECOVERY.

As more employers hire more people it signifies 2 things. One is that the company is now producing more which leads to more economic activity. Two is that with more people employed, more people have money and as such can buy more goods and services which means increased demand. This will help the Economy recover.

Rising demand for products - CAUSE OF RECOVERY.

As the demand for products rises, suppliers will respond by ramping up production. To do this they will need to employ more people and in so doing empower more people with money to buy goods and services which will increase Economic Activity which will help the economy recover.

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In the study of geomorphology, why do we primarily concentrate on processes rather than on distribution patterns by latitude?
4vir4ik [10]
In the study of geomorphology, processes like weathering and erosion are key to how the rocks will be sculpted by natural forces to produce interesting landforms like buttes and mesas for example. The distribution of geomorphological features like say the Amazon River by latitude is important but the process that shaped the landforms is more important as to how it got its present configuration.
5 0
3 years ago
These are selected 2017 transactions for Blue Corporation: Jan. 1 Purchased a copyright for $79,500. The copyright has a useful
Whitepunk [10]

Answer:

Check the explanation

Explanation:

Patents and Copyrights are amortized based on their useful life, not their legal life

It should be noted that Goodwill is not amortized

1. Debit 'Amortization Expense - Copyrights' $15,900 [($79500/ 5)]

Credit 'Copyrights' $15,900

2. Debit 'Amortization Expense - Patents' 18,800 [($112,800 / 5 ) x (10 /12 )]

Credit 'Patents' $18,800

.3. No entry

3 0
3 years ago
Mahogany inc. is a consulting firm. it reports its results on a cash-basis with a fiscal year ending june 30th. mahogany perform
Dimas [21]
<span>If these are the missing choices:
</span>A  :  the Securities and Exchange Commission, income principle  
<span>B  : GAAP, revenue recognition principle 
C  : GAAP, expense recognition principle 
D  : the IRS, tax principle </span><span>

My answer is: </span><span>B  : GAAP, revenue recognition principle  
</span><span>
The cash-basis is not in accordance with GAAP, and mahogany is in violation of the REVENUE RECOGNITION PRINCIPLE.

GAAP refers to Generally Accepted Accounting Principle. 

It is stated that income must be recognized when it is earned not when cash is received. Because the company is using cash-basis, they will only report income earned on July 12 when they received the money not when they earned it which is before their fiscal year ending June 30. 
They should recognized receivables from customers before closing the books for the fiscal year. </span>
6 0
3 years ago
Suppose Ginger deposits $12,000 in cash into her checking account at the Bank of Skidoo. The Bank of Skidoo has no excess reserv
Alborosie

Answer:

The question is incomplete since the requirements are missing, but I guess that it deals with the bank's ability to create money.

When you deposit money into a bank account, the bank will then lend most of that money to other clients. This is possible due to the money multiplier = 1 / required reserve rate = 1 / 4% = 25

the total increase in money supply = $12,000 x 25 = $300,000

5 0
3 years ago
The income elasticity of demand for housing property is exactly 1.40. Due to a recession, you expect incomes to drop by 5% next
a_sh-v [17]

Answer:

Buy 7% less houses

Explanation:

Income elasticity of demand measures the responsiveness of quantity demanded to changes in income

Income elasticity of demand = percentage change in quantity demanded/ percentage change in income

1.40 = percentage change in quantity demanded/ 5%

Percentage change in quantity demanded = 1.4 × 5% = 7%

Because the coefficient of elasticity is greater than one, it means demand is income elastic. This means quantity demanded is responsive to changes in income. A fall in income would reduce the quantity demanded.

I hope my answer helps you

5 0
3 years ago
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