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3 years ago

Which statements best describe how governments respond to changes in the business cycle? Check all that apply.

Business

2 answers:

Harman [31]3 years ago

7 0

The correct answer is 2 and 5.

(i) Government refuses to pass budget.

(ii) Government manipulates interest rates.

Another name for business cycle is economic cycle. The upward and downward movement which is of gross domestic product.

We measure business cycle by way of considering growth rate of real gross which is of domestic product.

eimsori [14]3 years ago

7 0

I took the test on e.d.g.e.n.u.i.t.y (wouldn't let me write it as an actual word) and I got a 96%, for this question I put all of them, but it is possible this is the 1 question I got wrong, but I said all of them and got a 96% so whether you wanna trust my answer or not, your choice. good luck!

You might be interested in

Which of the following is subtracted from national income to get to personal income?

emmasim [6.3K]

Answer:

The answer is "Option A"

Explanation:

RE stands for retained income, In this system also requires the net income to be used in the accounting and cash flows, while the statement of money flow, which is not released as dividends of shareholder value, is used instead for new investments within the company, and other options are were wrong that can be described as follows:

Option B and option D are similar to each other because, both used for payment on personal and consumer loans, that's why it is not correct.

In option C, It is used in the calculation, that's why it is not correct.

3 0

3 years ago

If a competitive firm can sell a bushel of soybeans for $25 and it has an average variable cost of $24 per bushel and the margin

Dmitrij [34]

Answer:

reduce output

Explanation:

The marginal cost ($26) is greater than the marginal revenue ($25). In order to maximise profit, marginal cost should he reduced up to the point where marginal cost equals marginal benefit.

A firm should shutdown, reduce production to zero if average variable cost is greater than price but in this question, the firm shouldn't shut down since price ($25) is greater than average variable cost ($24).

I hope my answer helps you

5 0

3 years ago

Given the following exchange rates, which of the multiple-choice choices represents a potentially profitable intermarket arbitra

emmainna [20.7K]

Answer:

¥114.96/€

Explanation:

An intermarket arbitrage opportunity is the act of exploiting an arbitrage opportunity resulting from a pricing discrepancy among three different currencies in the foreign exchange market. Trading in foreign exchange takes place worldwide, the major currency trading centers are located in London, New York, and Tokyo.

In the given question, if you reverse all three exchange rates by calculating 1/rate (change yendollar into dollaryen and so forth), the choice that represents the required opportunity is ¥114.96/€

7 0

3 years ago

In recent years some companies have begun to work closely with their customers and/or suppliers by sharing information to develo

notsponge [240]

Answer:

Collaborative Planning, Forecasting and Replenishment

Explanation:

Based on the information provided within the question it can be said that the procedure they are following is known as Collaborative Planning, Forecasting and Replenishment (CPFR). This is a concept whose main focus is enhancing supply chain integration by emphasizing joint practices. Which is what is being done in this situation as companies begin to work closely together with their customers and/or suppliers.

7 0

3 years ago

On January 1, 2018, Lumos Company purchased a machine for $70,200. Lumos uses straight-line depreciation and estimates an eight-

jeka94

Answer:

Gain= $4,200

Explanation:

Giving the following information:

Purchase price (2018)= $70,200

Salvage value= $5,400

Useful life= 8 years

Selling price= $42,000

First, we need to calculate the depreciation expense and accumulated depreciation:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (70,200 - 5,400) / 8

Annual depreciation= $8,100

Accumulated depreciation (ending 2021)= 8,100*4= $32,400

If the selling price is higher than the book value, the company gain from the sale. Now, we need to determine the book value.

Book value= purchase price - accumulated depreciation

Book value= 70,200 - 32,400= $37,800

Gain/loss= selling price - book value

Gain/loss= 42,000 - 37,800

Gain= $4,200

6 0

3 years ago