Answer:
expansionary phase, recession
cyclical unemployment is an unusual phenomenon in which economy in which the economic activities in a state or country rises and falls cyclically as opposed to linear unemployment where the economy just rises and falls. When there is such increase in economic activity, there is low levels of employment and job availability and vise versa
Explanation:
The future amount in the account (Roth IRA) is equal to: D. $180,488. 86.
<u>Given the following data:</u>
To determine the future amount in the account:
Mathematically, the compound interest for this Roth IRA is given by the formula:
<u>Where:</u>
- t is the number of years.
Substituting the given parameters into the formula, we have;
A = $180,488.86
Read more on compound interest here: brainly.com/question/25263325
Answer
The store cannot rescind their decision because the ownership of the goods has passed from the seller to the buyer in this case john
Explanation :This can be defined as a situation whereby the seller agree to sell the goods to the buyer in exchange for value known as money.in contract for the sale of goods, there is sale and agreement to sale. Sale is when the seller has agreed to sell the goods to the buyer in exchange for value known as money and the buyer has actually made payment for the goods.in this case, the ownership of the goods has passed from the seller to the buyer.
On the other hand,agreement to sale is when the seller has agreed to sell the goods to the buyer in exchange for money but the buyer has not made the payment. In this case,the ownership of the goods is still with the seller . Therefore, in the case of John who is a subject of our discussion, John has bought the watch from the store and made payment for it.John has the right to enjoy the watch under the law. If the seller now wants to deny John the right to have value for his money.John had the right to seek redress in the court of law in defence of his right to have value for money by enjoying the watch which he had bought from the store with his hard earned money.
Answer:
magine that you work for a life insurance company. You are setting premiums for insurance based on life expectancy. Assuming you charge a higher premium for people expected to have shorter lives, you know that ____older people____ will generally pay more for life insurance than ___younger people_____.
Explanation:
Setting life insurance premiums take into consideration the age of the insured (insurance policyholder). Other factors considered in setting premiums are gender, medical history, hobby, and career. Insurance premiums are periodic payments which the insured is expected to make to the insurance company (insurer) to cover the cost of the financial service being rendered and contribute to the defined benefits that will be paid upon expiration or in the event of the risk occurring.
Answer:
The correct answer to the following question is option A) charging slightly lower price and raising production .
Explanation:
A cartel can be defined as a group of firms , that join forces together to decide what level of output should be produced and at what prices they should be sold at. A cartel generally forms in oligopoly market where there are few firms in the market and they all have significant share in the market.
Reason why firms join forces together is because they want to have more dominant position in the market and increase the market power. So these type of cartels forms a monopoly n the market and earn high profits. But there are always chance of firms cheating each other in market, by either increasing the production or decreasing the price by a small percent, which will allow them to earn more profits.
