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2 years ago

A decline in total real output for two or more consecutive quarters is referred to as

Business

1 answer:

snow_tiger [21]2 years ago

4 0

The correct answer is a recession.

An economy is considered to be in a recession when there is a decline in total real output for two or more consecutive quarters. A recession is defined as a period of temporary economic decline during which trade and industrial activity are reduced,

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Determine if the people in the example have benefited (i.e., are winners) or have been harmed (i.e., are losers) by unexpected i

nevsk [136]

Answer:

Winners

3rd National, a bank that loaned many people money for home purchases.

Losers

Karen, a retired school teacher that relies upon her fixed pension to pay for her expenses.

Herb, who keeps his savings in an old coffee can.

Joy, who has borrowed $40,000 to pay her college education.

The US federal government which had almost $15 trillion in debt in 2011.

Explanation:

When unexpected inflation occurs, the usual plan to by Monetary Institutions of a country is raising the interest rates.

By doing that, they want to stop it or slowly decelerate it.

So that it becomes more expensive to take a loan, the idea is to reduce consumption.

In Economics, it's a bad scenario after all. Few winners. Many losers.

So, let's examine them

Winners

3rd National, a bank that loaned many people money for home purchases.

At first, The 3rd National is going to be winning since the value of the debt will rise, depending on the type of contract and an increase in the interest rate will demand corrections on the monthly payments. But on the other hand, the number of default clients and overdue installments will raise for sure.

Losers

Karen, a retired school teacher that relies upon her fixed pension to pay for her expenses.

Inflation reduces the real buying value of her checks. And her pension can't grow otherwise this will feed the inflation too.

Herb, who keeps his savings in an old coffee can.

Since his money is not invested then He's not having any earning that might give him some compensation. So his money is even more devalued.

Joy, who has borrowed $40,000 to pay her college education.

Depending on the contract Joy might be sleepless. Either her monthly payments will become more expensive or She may experience difficulties because of the weekly growing prices.

The US federal government had almost $15 trillion in debt in 2011.

Certainly, the president and his secretary will have to address the fact that due to inflation and the chosen medicine make the nation's debt up to the sky. They must renegotiate the payment deadlines.

7 0

2 years ago

Which of the following is an advantage of a CD?

lawyer [7]

Answer:

An Advantage of a Certificate of Deposit (CD) is:

It usually offers a higher interest rate.

Explanation:

For instance, Jones Company can purchase a certificate of deposit (CD) from Bank A. The CD is a financial product that pays a locked and premium interest rate. In exchange for this locked and higher interest rate, Jones Ltd agrees to leave a lump-sum deposit which it cannot withdraw from until a predetermined period of time. A CD is not a saving for a short-term purpose, and does not allow for flexible withdrawals unless after the maturity date has been reached. This implies that Jones Ltd cannot cash it out unless after the maturity date.

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2 years ago

Describe for me what a URL is and its purpose?*

klemol [59]

Answer:a url is the address of a World Wide Web page. A URL is a unique identifier used to locate a resource on the internet. It is also referred to as a web address. URLs consist of multiple parts including a protocol and domain name that tell a web browser how and where to retrieve a resource.

Explanation:

4 0

2 years ago

Read 2 more answers

The following incorrect income statement was prepared by the accountant of the Axel Corporation:

xxMikexx [17]

Answer:

AXEL CORPORATION

Income Statement For the Year Ended December 31, 2021

Particulars Amount Amount

Sales Revenue $6,60,000

Less : Cost of Goods Sold $360,000

Gross Profit $300,000

Less: Operating Expenses

Selling Expenses $66,000

Administrative Expenses $86,000 $152,000

Operating Income $148,000

Non- Operating and others

Restructuring cost -$62,000

Interest Expenses -$23,000

Interest Revenue $39,000

Gain on sale of investment $86,000 $40,000

Net Income before Taxes $188,000

Less : Income Tax Expenses $47,000

Net income after Taxes $141,000

The Earning Per Shares remains $1.41

4 0

2 years ago

F an employer does not offer a retirement plan, what might be another way to save for retirement?

patriot [66]

Make sure have money save up in a bank

4 0

3 years ago