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Nadya [2.5K]
1 year ago
6

Steve and his brother used to work at the same organization. a few months ago their employer terminated them because the busines

s had slowed due to slow economic growth in the country. a couple of months later, steve found out that many of his friends are also unemployed. the government stated that gdp had fallen for two consecutive quarters. steve’s country is experiencing which economic phase?
A.) Inflation
B.) depression
C.) Deflation
D.) recession
Business
2 answers:
aivan3 [116]1 year ago
5 0

The answer is D, recession

krok68 [10]1 year ago
5 0

Answer:

D.) recession

Explanation:

A recession is a state in which there is a negative down turn in an economic growth causing the GDP growth to reduce drastically.If a country's economy is facing recession, business sales and revenues would decrease thus causing lot of businesses to stop expanding. This would latter lead to retrenchment of staff and cause an inccrease in percentage unemployment rate.

You might be interested in
Germany did not allow Walmart to sell some items below cost, an example of how a foreign government can constrain _________, whi
Sholpan [36]

Answer: pricing strategy

Explanation:

Pricing strategy refers to method that companies or organizations use in order for them to price their products.

Germany not allowing Walmart to sell some items below cost simply shows an example of how a foreign government can constrain pricing strategy. The reasoning behind this by Germany is to help it's local industries and help prevent it from foreign competition which may end up limiting their growth.

5 0
2 years ago
A delivery service is buying 600 tires for its fleet of vehicles. One supplier offers to supply the tires for $ 80 per​ tire, pa
nignag [31]

Answer:

$4,372.71

Explanation:

Here for reaching the difference in PV between the first and the second offer first we need to follow some steps which is shown below:-

Step 1

Total payment due = Per tire × Bought tires

= $80 × 600

= $48,000

Step 2

Present value factor of 8.4% for 1 year = 1 ÷ (1 + Rate of interest)^Number of years

= 1 ÷ (1 + 8.4%)^1

= 1 ÷ (1 + 0.084)^1

= 1 ÷ 1.084

= 0.92251

Step 3

First offer

Present value = Total payment due × Present value factor of 8.4% for 1 year

= $48,000 × 0.92251

= $44,280.48

Step 4

Second offer

One year payment = Bought tires × Per tire

= 600 × $45

= $27,000

Step 5

Present value = One year payment × Present value factor of 8.4% for 1 year

= 27,000 × 0.92251

= $24,907.77

Step 6

Total present value = Present value of second offer + Tires cost

= $24,907.77 + $15,000

= $39,907.77

Here we can see that first offer is higher than second offer

So,

The difference between the first and the second offer = First offer - Second offer

= $44,280.48 - $39,907.77

= $4,372.71

7 0
2 years ago
The drugstore chain CVS uses loyalty-card data to better understand what consumers purchase, the frequency of store visits, and
Sati [7]

Answer:

D)

Explanation:

Based on the information provided within the question it can be said that this is associated with the company capability of being able to collect fuller and richer information about markets, customers, prospects, and competitors. This is because with by knowing what customers are purchasing and how often they are getting lots of information regarding what products are good in the market, customer information including frequency of purchases, what customers are likely to buy, and even the effect that the competitors are having on the market.

7 0
2 years ago
Economists occasionally speak of "helicopter money" as a short-hand approach to explaining to increases in the money supply. sup
Ksenya-84 [330]

Answer and Explanation:

a. In case when the new bills are kept by the people so the supply of money would be increase by a very similar amount as it was dropped off the plane. That's because the banking is not in the image, so there is no impact on the money multiplier.

b. If the amount is deposited in the bank, the cash supply would rise with the money multiplier being taken into account. Money Multiplier = Deposited currency / reserve ratio. The overall supply of money that will raise be 1 billion / 0.1.

c.Again, if a 100% reserve banking is exercised by the bank, so the boosted money supply would be the same value as it has been deposited.

d. If half of the value is held by the public and half of the value is deposited with the bank at 10% of the reserves, the supply of money rises by half of the amount which is held by the public in addition of half of the value / reserve ratio that is 10%.

6 0
2 years ago
Robin Company wants to earn a 6% return on sales after taxes. The company’s effective income tax rate is 40%, and its contributi
Lubov Fominskaja [6]

Answer:

Answer is 1,200,000

Explanation:

return on sales after taxes = 6%

effective income tax rate = 40%, contribution margin = 30%.

Robin has fixed costs = $240,000,

We are to find the amount of sales required to earn the desired return using the information above.

Profit = Contribution - Fixed Cost

Assuming sales = K

6/(100-40)K = (30/100)K -240,000

0.1K =0.3K -240,000

0.2K =240,000

K = 240,000/0.2

so K =1,200,000.

5 0
2 years ago
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