Over the past 150 years, the U.S. economy has endured a recession on average about every:
A) one to two years.
B) four to five years.
C) 10 to 15 years
D) 50 years
Answers
Over the past 150 years, the U.S. economy has endured a recession on average about every: B) four to five years. Thus, the correct answer is option B.
A recession is referred to a significant, widespread, and prolonged downturn in economic activity. Generally, recession can be calculated as:
two consecutive quarters of negative gross domestic product (GDP) growth mean recession, although more complex formulas are also used. Economists at the National Bureau of Economic Research (NBER) measure recessions by looking at nonfarm payrolls, industrial production, and retail sales, moving beyond the simpler two quarters of negative GDP measure.
Recessions are a normal part of the economic cycle, and they occur when there is a decline in economic activity for a period of time. The U.S. economy typically experiences a recession every four to five years, though the length and severity of each recession may vary. Thus, the correct answer is option B.
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Related Questions
If monopolistically competitive firms are earning positive economic profits in the short run, then in the long run:
Answers
If monopolistically competitive firms are earning positive economic profits in the short run, then in the long run, new firms will enter the market, increasing competition.
This will lead to downward pressure on prices and reduced profits for existing firms, eventually driving profits towards zero. In the long run, the entry of new firms into the market is driven by the presence of positive economic profits being earned by monopolistically competitive firms in the short run. When these firms are making profits, it signals to potential entrants that there is an opportunity for success in the market.
As new firms enter, the market becomes more competitive. With increased competition, consumers have more s to choose from, which puts pressure on existing firms to differentiate their products or lower their prices to remain competitive. This process erodes the market power of individual firms.
As more firms enter and competition intensifies, the demand for each individual firm's product decreases. This reduces the ability of firms to charge higher prices and earn economic profits. In the long run, firms in a monopolistically competitive market will experience a shift in demand, resulting in lower profits.
Ultimately, in the long-run equilibrium of a monopolistically competitive market, firms will earn zero economic profits. This occurs when firms have adjusted their production, pricing, and marketing strategies to reach a point where they are just covering their costs, including a normal rate of return. While firms may still earn accounting profits, economic profits (above the normal return on investment ) will be eliminated.
It's important to note that this long-run outcome is specific to monopolistically competitive markets, where firms have some degree of market power but face competition from similar products. In perfectly competitive markets, firms earn zero economic profits in both the short run and the long run.
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2. Once someone is promoted to facility manager, the job becomes easier because the person has subordinates who can help them. Therefore, they do not need to spend as many hours at the facility. a. True b. false
Answers
The statement "Once someone is promoted to facility manager, the job becomes easier because the person has subordinates who can help them. Therefore, they do not need to spend as many hours at the facility" is false because the promotion to the position of facility manager often means that more responsibilities are entrusted to the person holding that position and the job becomes more challenging.
Facility management involves a wide range of responsibilities and duties that are essential for the smooth operation and maintenance of a facility.
Once someone is promoted to the position of facility manager, they become responsible for supervising the daily operations of the facility, coordinating with various teams, overseeing facility maintenance and repairs, ensuring compliance with safety and health standards, and managing the facility's budget and resources.
As such, the job of a facility manager can become more demanding after their promotion. Although subordinates may provide support, they do not take away the facility manager's responsibility for ensuring that all aspects of the facility's operation are running smoothly.
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If your manager were to give you a complex project that involved a lot of research and analysis to provide information to write a detailed and accurate report, how might you make it more manageable? What type of communication skills would that require?
Answers
In order to make a complex project more manageable, an individual should follow the tips for project management. Try to define the goals and prioritize what's urgent, then analyze the resource and gather the data. Business communication skills would be require for the business project.
What is the significance of business communication?Business communication refers to the process of sharing information between the people within the workplace or outside the company.
Business communication plays a very significant role in an organization as it helps to establish formal relations between employees and workers. It also helps the employee understanding the goals of a company.
Basically, the main purpose of the business communication is to improve organizational practices and reduce errors.
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Jonah had $25 to spend. He
decided to buy a new shirt
instead of going to the
amusement park with his
friends, Jonah has: purchased a
service, made an economic
tradeoff, made a poor
economic decision, or ignored
the concept of scarcity
Answers
Answer:
ignored the concept of scarcity
If the german automobile manufacturer, volkswagen, builds a new factory to produce volkswagens in pennsylvania, which component of gdp would be affected?
Answers
The component of GDP that includes net exports and business investment will be affected If the German manufacturer builds a new factory to produce volkswagens in pennsylvania.
What are components of gross domestic product?In economics, the components of gross domestic product includes the personal consumption, business investment, government spending and net exports.
Hence, the component of GDP that includes net exports and business investment will be affected by the decision.
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Which of the following best explains the purpose of a supply schedule?
O A. To demonstrate how the supply decreases as price increases.
B. To calculate how much time it takes for distribution.
C. To show the relationship between quantity supplied and prices.
O D. To indicate how supply and demand relate to price.
Answers
Answer:
C. To show the relationship between quantity supplied and prices.
Explanation:
A supply schedule is a tabular demonstration of the quantity that suppliers will be willing to sell at different prices. It is a table showing the relationship between supply and price.
According to the law of supply, the supply increases as the price goes up. Therefore, the supply schedule is a tabular illustration of the law of supply.
Answer:
it is c
Explanation:
because it does mean To show relationship between quantity supplied
and prices.
(e) Recommend two ways in which communication could be improved in a large
organisation. Justify your recommendations.
Way 1:
Way 2:
Give suggestions I will write analysis and conclusion
Answers
The recommended ways to improve communication are given below:
The RecommendationsWay 1: Implement a centralized communication platform such as Slack or Microsoft Teams to improve collaboration and facilitate real-time communication across different teams and departments. This would enable employees to quickly and easily share information, documents, and updates, leading to increased productivity and more efficient decision-making.
Way 2: Conduct regular town hall meetings or all-hands meetings, where senior leaders can address the entire organization, provide updates on business goals and priorities, and answer questions from employees. This would help improve transparency and ensure that everyone is aligned on company goals and objectives, leading to greater engagement and job satisfaction.
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Callahan, inc. , sells a forward on ounces of gold to remove uncertainty regarding the revenue it will recognize when it sells its gold inventory. The forward represents a perfect cash flow hedge. When callahan settles the forward, it pays $100,000 to the counterparty. Required: what journal entry(ies) should callahan make prior to and at the settlement date?
Answers
Prior to the settlement date, Callahan Inc. should record the fair value of the forward contract as a journal entry, and at the settlement date, they should record the settlement by debiting the Gold Receivable and crediting Cash.
At the settlement date, Callahan Inc. should make the following journal entry to record the settlement of the forward contract:
Dr. Gold Receivable (or Forward Contract Asset) $100,000
Cr. Cash $100,000
The net effect of these journal entries is to record the fair value of the forward contract prior to settlement and then to recognize the cash settlement when it occurs.
By doing so, Callahan Inc. is able to remove uncertainty regarding the revenue it will recognize when it sells its gold inventory, as the gain or loss on the forward contract will offset any changes in the fair value of the gold inventory.
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Regina, Brock, and Sean are website designers who have been tasked to create a new website together.
This is an example of:
alliance
collaboration
punctuality
relationship
Answers
Answer:
B: Collaboration
Explanation:
I took the test
Answer:
B: Collaboration
Explanation:
I took the test
Your father loans you $12,000 to make it through your senior year. His repayment schedule requires payments of $1401.95 at the end of year for the next 15 years. What interest rate is he charging you
Answers
Provides a loan at the rate of interest is 8% per annum.
What is a Rate of Interest?The interest rate is the amount charged on top of the principal by a lender to a borrower for the use of assets generally chargeable on year bases.
Given,
Loan Amount = $12,000
Instalment payment = $1401.95
Time period = 15 years
Required to calculate Rate of Interest
The calculation of the Rate of Interest is shown in the image given below:
Thus, we get an 8% rate of interest after calculating the above figure. gives a loan of 8% per annum.
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Having just one error on a cover letter may eliminate an applicant from being considered for employment.
Answers
Answer:
i think its true
Explanation:
im sorry if im wrong
Leon is thinking about dividing his wealth (f100,000) between two assets: (i) a risky asset with an expected return of 26% and a standard deviation of 10%, and (ii) a safe asset that has an expected return of 4%.
(i) If Leon wants a portfolio with as high a rate of return as possible, but with a standard deviation no larger than 4%, how much of his money should he invest in the safe asset?
(ii) Assume that Leon invests x% of his wealth in the risky asset, what is his expected return? What will be the standard deviation of his wealth?
(iii) Using the two equations derived in (ii), express the expected return on Leon's wealth as a function of the standard deviation he accepts.
(iv) What is the price of risk? What does this mean?
Answers
(i) Leon should invest fully in the risky asset for maximum return with a standard deviation below 4%. (ii) Expected return depends on the allocation to the risky asset, while standard deviation depends on the allocation between risky and safe assets. (iii) Expected return can be expressed as a function of accepted standard deviation using weighted averages. (iv) Price of risk reflects the additional return investors demand for higher risk levels.
(i) To construct a portfolio with the highest rate of return possible and a standard deviation no larger than 4%, Leon should invest his entire wealth in the risky asset. Since the risky asset has a higher expected return of 26%, allocating all his funds to this asset would maximize his overall rate of return.
(ii) Assuming Leon invests x% of his wealth in the risky asset, his expected return can be calculated using the weighted average formula:
Expected Return = (x% * Expected Return of Risky Asset) + ((100 - x)% * Expected Return of Safe Asset)
The standard deviation of his wealth can be calculated using the formula:
Standard Deviation = sqrt[(x%^2 * (Standard Deviation of Risky Asset)^2) + ((100 - x)%^2 * (Standard Deviation of Safe Asset)^2) + (2 * x% * (100 - x)% * Covariance of Risky and Safe Assets)]
(iii) By substituting the appropriate values into the equations derived in (ii), the expected return on Leon's wealth can be expressed as a function of the standard deviation he accepts.
(iv) The price of risk is a measure of the trade-off between risk and return. It can be calculated by dividing the risk premium (difference between the expected return of the risky asset and the risk-free rate) by the standard deviation of the risky asset. A higher price of risk implies investors require a higher return for taking on additional risk.
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T/F : all performance appraisal systems should differentiate high and low performers.
Answers
True, all performance appraisal systems should differentiate high and low performers.
The purpose of a performance appraisal system is to evaluate and provide feedback on employees' work performance, identifying areas of strength and areas for improvement. Differentiating between high and low performers allows managers to:
1. Recognize and reward high-performing employees, which can boost morale and encourage continued high performance.
2. Identify and provide targeted support to low-performing employees, enabling them to improve their performance.
3. Make informed decisions about promotions, salary adjustments, and other employee-related actions based on performance data.
4. Identify potential gaps in training and development, and tailor programs to address these needs.
In summary, differentiating between high and low performers is essential for effective performance appraisal systems, as it enables organizations to make data-driven decisions and support employee growth and development.
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Driving forces analysis Multiple Choice involves identifying the driving forces, assessing whether their impact will make the industry more or less attractive, and determining what strategy changes a company may need to make to prepare for the impact of the driving forces. identifies which strategic group is the most powerful. helps managers identify which industry member is likely to become (or remain) the industry leader and why. helps managers identify which key success factors are most likely to help their company gain a competitive advantage. helps managers identify which of the five competitive forces will be the strongest driver of industry change.
Answers
Answer:
involves identifying the driving forces, assessing whether their impact will make the industry more or less attractive, and determining what strategy changes a company may need to make to prepare for the impact of the driving forces.
Explanation:
Business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan.
Driving forces analysis involves identifying the driving forces, assessing whether their impact will make the industry more or less attractive, and determining what strategy changes a company may need to make to prepare for the impact of the driving forces. This driving forces determines the competitive and comparative advantage of a company.
Comparative advantage in economics is the ability of an individual or country to produce a specific good or service at a lower opportunity cost better than another individual or country.
The comparative advantage gives a country a stronger sales margin than their competitors as they are able to sell their specific products or render their peculiar services at a lower opportunity cost.
If you are interviewed by more than one person, you should send a thank-you note to _____.
each person in the interview
each person you see in the building
the first person you are introduced to
the person who is obviously leading the interview
Answers
Answer:
option A is correct.
i.e.
each person in the interview.
Explanation:
Because thank-you letter provides a simple but effective way to express gratitude to all the individuals you met with.
if the proposed regional comprehensive economic partnership (rcep) is achieved, it will rival the european union (eu) when measured by the number of countries involved and their combined gross domestic product (gdp). the eu is an example of a(n)
Answers
As per the given statement, the European Union is an example of economic union. Hence, Option C is correct.
What is economic union?An economic union is an arrangement between two or more countries that permits unrestricted trade in commodities, services, money, and labour. To foster this unified market, the nations may also coordinate their social and financial policies. One illustration of an economic union is the European Union (EU).
When it comes to the number of participating nations and their combined gross domestic product, the proposed Regional Comprehensive Economic Partnership will rival the European Union.
Therefore, Option C is correct.
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The complete question has been attached in text form:
If the proposed Regional Comprehensive Economic Partnership (RCEP) is achieved, it will rival the European Union (EU) when measured by the number of countries involved and their combined gross domestic product (GDP). The EU is an example of a(n)
A.) CUSTOM UNIONS
B.) FREE TRADE AREA
C.) ECONOMIC UNION
D.) POLITICAL UNION
E.) COMMON MARKET
When John was born, his parents invested $7000 into a savings account that pays 3% interest, compounded monthly. How much will the investment be worth on John's 18th birthday?
Answers
John's parents invested $7000 into a savings account that pays 3% interest, compounded monthly. On John's 18th birthday, the investment will be worth $12, 003.95.
In order to answer this question, you must determine the worth of the money invested at a rate of 3% over an 18-year period. We will only apply the future value formula.
To calculate the future value of the investment, you can use the following formula:
\(FV = PV (1 + \frac{i}{n})^{nt}\)
Where:
FV = Future Value
PV = Present Value
i = Interest Rate
n = Number of Compounding Periods
t = Number of Years
Plugging in the numbers:
\(FV =7000 (1 + \frac{0.03}{12})^{18 x 12}\) = $12, 003.95.
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Out of a list of the values 12, 7, 3, 5, 8, and 2, which result would the MIN function return?
Answers
Answer:
2
Explanation:
It’s just right, trust
if the reserve requirement is 8% and the fed increases reserves by $20 billion, what is the total increase in the money supply?
Answers
The total increase in the money supply would be $250 billion.
When the Federal Reserve increases reserves by $20 billion and the reserve requirement is 8%, the total increase in the money supply can be calculated using the money multiplier formula.
The total increase in the money supply can be calculated using the money multiplier formula:
Money multiplier = 1 / Reserve requirement
Assuming a reserve requirement of 8%, the money multiplier would be:
Money multiplier = 1 / 0.08 = 12.5
So a $20 billion increase in reserves would lead to a:
Total increase in the money supply = $20 billion x 12.5 = $250 billion
Therefore, the total increase in the money supply would be $250 billion.
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Assuming sales remain unchanged, if COGs increases then Gross Profit
Answers
Assuming sales remain unchanged, if COGs (Cost of Goods Sold) increases, then the Gross Profit will decrease. Gross profit is the difference between the revenue earned from sales and the cost of goods sold.
When COGs increase, it means that the cost of producing each unit of the product has increased. This will lower the Gross Profit margin since the revenue earned from sales will now have to cover the increased cost of production. Therefore, the Gross Profit margin will decrease by the same percentage as the increase in COGs.
A decrease in Gross Profit margin can have serious implications for a business. It will lower the net profit margin, which is the overall profitability of the business. The business may also have to increase the selling price of its products to maintain its profit margin, which can result in a decrease in sales volume.
Additionally, an increase in COGs may result in reduced profit margins and cash flow, which can lead to financial difficulties and a decrease in the company's overall financial health.
In conclusion, assuming sales remain unchanged, if COGs increase, then the Gross Profit margin will decrease, which can have significant implications for the overall financial health of a business.
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The section of the annual report that is of interest to investors and gives information on how a company is planning to spend its cash during the next year for property, plant, and equipment is the ____________________ section. A. Management's Discussion and Analysis of Financial Condition and Results of Operations B. Business Overview C. Financial Statements D. Notes to Financial Statements
Answers
The section of the annual report that is of interest to investors and gives information on how a company is planning to spend its cash is the Management's Discussion and Analysis of Financial Condition and Results of Operations.
What do you mean by an investor?An investor refers to any person or entity that invests capital with the expectation of receiving financial returns in the future.
Management Discussion and Analysis refers to a section of a company's annual report where the company's performance has been analyzed with qualitative and quantitative measures.
Management discussion and analysis is an important source of information for analysts and investors who want to check the company's financial performance.
Therefore, A is the correct option.
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A card issued by a bank that allows users to finance
a purchase.
Credit card
Debit card
Answers
Answer: Credit Card
Explanation:
Debit cards allow you to spend money by drawing on funds you’ve deposited at the bank.
Credit cards allow you to borrow money from the card issuer up to a certain limit in order to buy items or withdraw cash.
I hope this helps!
One helpful feature of most web 2.0 organization software is that ________. a. it requires one particular internet browser b. it is usually downloaded to a computer hard drive c. it has a complex user interface d. it can usually be synced to a handheld device
Answers
Answer:
The answer is d. it can usually be synced to a handheld device
Explanation:
One helpful feature of most web 2.0 organization software is that it can usually be synced to a handheld device.
The type of cover letter written to inquire about possible job openings: a. Networking letter b. Prospecting letter c. Application letter d. Follow up letter Please select the best answer from the choices provided A B C D
Answers
The type of cover letter written to inquire about possible job openings: b. Prospecting letter.
What is prospecting letter?Prospecting letter can be defined as the type of cover letter writing by a prospective applicant to a company or human resources manager so as to inquire about a job opening.
The applicant tend to include the the following in the cover letter:
QualificationSkillsExperience Why he/her is suitable for the job and what he/she can offerWhy the applicant should be invited for an interview Why he/her should be given the jobInconclusion the type of cover letter written to inquire about possible job openings: b. Prospecting letter.
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Answer:
b.
Prospecting letter
Explanation:
i took the test
the effectiveness of monetary policy is in part due to selected answer will be automatically saved. for keyboard navigation, press up/down arrow keys to select an answer. a the lack of political influence. b the long implementation lag. c the zero limit on interest rates. d the short effectiveness lag. e all of the above.
Answers
The effectiveness of monetary policy is attributed to various factors, including the lack of political influence, the long implementation lag, the zero limit on interest rates, and the short effectiveness lag.
One of the main reasons why monetary policy is effective is due to the lack of political influence. Central banks are typically independent of political influence, which allows them to make decisions based on economic data and analysis rather than political pressure. This independence ensures that monetary policy decisions are made in the best interest of the economy as a whole. Another factor that contributes to the effectiveness of monetary policy is the long implementation lag. It can take several months or even years for monetary policy decisions to have their full impact on the economy. However, once the effects do kick in, they tend to be significant and long-lasting.
In summary, all of these factors contribute to the effectiveness of monetary policy in stimulating economic growth and stability.
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Will you act immediately on the business opportunity \that you have identified?
Answers
Answer:
Yes because once one has found an opportunity one must seize it.
Explanation:
It is not advisable to act immediately on the business opportunity that is determined.
A business opportunity includes the lease or sale of any specific product, equipment, or service that will help or make it possible for the purchaser-licensee to begin a business. It is important to consider certain other factors before immediately acting on the business opportunity that is determined. They are:
Size of the Market Relationships with potential investors or customers Capability to manage the Cash Flow Persistence and Passion Management skillsThus, we can conclude that one must not act immediately on the business opportunity that is determined before properly analyzing different factors associated with it.
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In the chi-square test for goodness of fit for a categorical variable, the values in the null hypothesis Group of answer choices can sometimes sum to 1 must sum to 0 can sometimes sum to 0 can sum to any positive value must sum to 1
Answers
In the chi-square test for goodness of fit for a categorical variable, the values in the null hypothesis group must sum to 1.
The chi-square test for goodness of fit is used to determine if observed categorical data fits an expected distribution. The null hypothesis in this test assumes that the observed data follows a specific expected distribution. When conducting the test, the values in the null hypothesis group, which represent the expected proportions or probabilities of the categorical variable, must sum to 1.
The sum of 1 represents the complete distribution of the categorical variable. It ensures that all possible outcomes or categories are accounted for in the expected distribution. The chi-square test compares the observed frequencies with the expected frequencies based on the null hypothesis. If the observed frequencies significantly deviate from the expected frequencies, it suggests that the observed data does not fit the expected distribution and provides evidence to reject the null hypothesis.
Therefore, it is essential to ensure that the values in the null hypothesis group of the chi-square test for goodness of fit sum to 1 to accurately assess the fit of the observed data to the expected distribution.
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the bookkeeper for Ivanhoe Co. asks you to prepare the following accrual adjusting entries at Dec. 31:
a) interest on notes payable of $270 is accrued
b) services performed but unbilled totals $1,930
c) salaries of $700 earned by employees have not been recorded
Answers
To make sure that the financial statements appropriately represent the company's financial condition and performance for the quarter ending on December 31, adjusting entries are required.
The required adjusting entries on Dec. 31 are as follows:
a.Interest Expense: $270
Interest Payable: $270
b.Accounts Receivable: $1,930
Service Revenue: $1,930
c.Salaries Expense: $700
Salaries Payable: $700
To make sure that the financial statements appropriately represent the company's financial situation and performance for the quarter ending on December 31, certain adjusting entries are required. Adjusting entries may be required to accurately match costs and revenues with the periods in which they are incurred or earned.
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Blockchain refers to a technology that:__________
A. uses a distributed ledger system of transactions.
B. uses a centralized data store in the cloud.
C. uses existing banking systems to transfer funds.
D. relies on the Internet to provide secure transactions.
Answers
Answer:
A. use a distributed ledger system of transaction
Explanation:
Ikaw na bahala kong maniniwala ka po
Suppose good X has a positive income elasticity of demand. This implies that good X could be (i) a normal good. (ii) a necessity. (iii) an inferior good. (iv) a luxury.
A. i Only
B. i and ii only
C. i, ii, and iv only
D. iii only
Answers
If good X has a positive income elasticity of demand, it implies that good X could be a normal good, a necessity, or a luxury but not an inferior good.
A positive income elasticity of demand means that as income increases, the quantity demanded of good X also increases. This is generally the case for normal goods and luxury goods. Normal goods are goods for which demand increases as income increases, while luxury goods are goods for which demand increases more than proportionally as income increases. On the other hand, inferior goods are goods for which demand decreases as income increases, meaning they have a negative income elasticity of demand. Therefore, (iii) an inferior good is incorrect. Thus, the correct answer is (C) i, ii, and iv only.
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