All categories

4 years ago

Regarding the economy, what are the terms expand and contract generally used to describe?

2 answers:

5 0

C. Fluctuations in the economy. An economy can be expanding when it is coming out of a trough and proceeding towards a peak in its economic activity and business cycle, or contracting when it is declining from a peak to a trough.

Orlov [11]4 years ago

5 0

The answer is: C.Fluctuations in the economy

Each countries would experience different periods when they are economically productive and when they aren't.

During productive period, the country is experiencing economic expansion (which is marked by an increase in infrastructure and standard of living). During non-productive period, the country is experiencing economic contraction (which is marked by high unemployment and lower standard of living). The terms 'fluctuations' define the changes between one economic condition to another.

You might be interested in

Satisfaction is one of the first and most crucial steps of the staircase of motivation because motivation provides comfort to in

babunello [35]

Answer:

True

Explanation:

Satisfaction on the job has to do with achieving one's set out personal goals and also attaining growth over time in the job. To achieve this, the manager has a role to play also because the function he performs to motivate the Employees will determine if they are satisfied or not, the manager can help each employee attain growth in their chosen path by helping down through the ladder with task that are related to thier field hence giving them a form of satisfaction on the job and also reward for extraordinary performance by the manager tends to motivate the Employee to want to do more.

Fulfilment on the job is dependent on how much of much set out task individuals are able to accomplish and in the bigger picture, rhe manager comes into the center stage.

8 0

3 years ago

The Tucker family has health insurance coverage that pays 80 percent of out-of-hospital expenses after a deductible of $1,000 pe

nekit [7.7K]

The amount that the insurance company will pay is $960.

<h3>What is insurance?</h3>

.It should be noted that insurance simply means a way that's used to manage risk.

The amount after deduction will be:

= $2200 - $1000

= $1200

The amount that the company will pay:

= 80% × $1200

= $960

Learn more about insurance on:

brainly.com/question/25855858

#SPJ1

6 0

2 years ago

Your parents will retire in 27 years. They currently have $280,000 saved, and they think they will need $1,900,000 at retirement

Ivahew [28]

Answer:

Annual Rate=7.35%

Explanation:

Calculation for the annual interest rate must they earn to reach their goal

Number of years =27

PV =280,000

FV =1,900,000

Using this formula

Annual Rate=(FV/PV)^(1/n)-1

Let plug in the formula

Annual Rate=(1,900,000/280,000)^(1/27)-1

Annual Rate=6.7857^(1/27)-1

Annual Rate=1.07349-1

Annual Rate=0.0735

Annual Rate=7.35%

Therefore the annual interest rate must they earn to reach their goal will be 7.35%

3 0

3 years ago

Leonard, inc., which uses a volume-based cost system, produces cat condos that sell for $126 each. direct materials cost $10 per

Juli2301 [7.4K]

The gross profit is $146.75

3 0

3 years ago

If annual demand is 12,000 units, the ordering cost is $6 per order, and the holding cost is $2.50 per unit per year, which of t

vredina [299]

Answer:

240 units

Explanation:

We can find Optimal order quantity easily by Optimal order quantity formula using the fixed order quantity formula

Formula:: Optimal order quantity = $\sqrt[2]{\frac{2CoD}{Ch} }$

Where

Co = Ordering cost per order

D = Annual demand

Ch = Holding cost per unit

Calculations

Lets put in the values

Optimal order quantity = $\sqrt[2]{\frac{2CoD}{Ch} }$

Optimal order quantity = $\sqrt[2]{\frac{2*6*12000}{2.5} }$

Optimal order quantity = 240 units

Note: There must have been a mistake in question options the answer is 240 and closest to 240 is option B

6 0

3 years ago