Answer:
Likely contract next quarter.
<h3>What is it called when real GDP continues to increase quarter after quarter?</h3>
- Expansion is the phase of the business cycle where the real gross domestic product (GDP) grows for two or more consecutive quarters, moving from a trough to a peak.
- Expansion is typically accompanied by a rise in employment, consumer confidence, and equity markets and is also referred to as an economic recovery.
To learn more about it, refer
to brainly.com/question/24448358
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Answer:
a steering wheel in an automobile.
Explanation:
Abba Lerner a twentieth-century economist, is widely known for his suggestion of the utilization of fiscal policy and monetary policy as a form of Keynesian economics. In his analysis, he declared that fiscal and monetary policy is analogous to a steering wheel in an automobile.
Hence, the correct answer to the question is "a steering wheel in an automobile."
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Answer:
No Date Account Titles and Explanation Debit Credit
1. Dec. 31 Interest expenses $400
Interest payable $400
(To record interest due on notes)
2. Dec. 31 Account receivable $2,000
Service revenue $2,000
(To record the service revenue earned)
3. Dec. 31 Salaries and wages expenses $670
Salaries and wages payable $670
(To record the alaries and wages expenses)
Answer: select the best option
Explanation: because you have to think before you take action.
