Which of the following probably occurred as the U.S. economy experienced increasing real GDP in 1954? Check all that apply.Car sales declined.

Total real income increased.

The unemployment rate declined.

Corporate profits increased.

Answers

Answer 1
Answer:

Answer:

The answer are: total real income increased, the unemployment rate declined; Corporate profits increased.

Explanation:

As real GDP increases, people/entities in the economy enjoy actual increase in their income ( income adjusted for inflation effect), thus they will tend to spend more, making "car sales declined" a wrong answer whil "total real income increased" the right one.

Higher spending also means demand for goods and services are higher helping to boost the corporate's profit up. Once the profit is higher, corporate will have plan to expand their business leading to a higher demand in labor which in turn reduce the unemployment rate.

Answer 2
Answer:

Answer:

B

Explanation:


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Question 2 Pluto has $100 to spend and his preferences are represented by the quasi-linear utility function U (2,m) = 10x-1/2x^2+m where x is the amount of pizza he eats and m is the amount of money he spends on other stuff. (a) What is Pluto's demand curve for pizza? (b) How much consumer surplus does Pluto get when the price of pizza is $5? Illustrate the calculation of consumer surplus with a diagram. (b) What is Pluto's utility if the price of pizza is $5? (c) Suppose that Pluto is uanble to purchase pizza. What is his utility? What is the gain in utility when he has the opportunity to buy pizza at a price of $5?
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This information relates to Pickert Real Estate Agency.Oct. 1 Stockholders invested $30,000 in exchange for common stock of the corporation.Oct. 2 Hires an administrative assistant at an annual salary of $42,000.Oct. 3 Buys office furniture for $4,600, on account.Oct. 6 Sells a house and lot for M.E. Petty; commissions due from Petty, $10,800 (not paid by Petty at this time).Oct. 10 Receives cash of $140 as commission for acting as rental agent renting an apartment.Oct. 27 Pays $700 on account for the office furniture purchased on October 3.Oct. 30 Pays the administrative assistant $3,500 in salary for October.Prepare the debit-credit analysis for each transaction. (If there is no transaction, then enter no effect for the account and 0 for the amount.)

When working on opportunities, sales representatives at Universal Containers need to understand how their peers have successfully managed other opportunities with comparable products, competing against the same competitors.A. Big deal alerts
B. Chatter groups
C. Similar opportunities
D. Opportunity update reminders

Answers

Answer: (B) Chatter group and (C) Similar opportunities  

Explanation:

  The chatter group and the various types of similar opportunities are features which is used by the system administrators for the purpose of facilitating the given working opportunities.

 The chatter group is one of the type of collaboration tool in which the various types users can easily interact and also communicating socially.

 According to the given question, the universal containers effectively understand that the peers are managing various types of opportunities by using the comparable products and the services with the competitors in the market.

 Therefore, Option (B) and (C) are correct answer.            

Read the following descriptions and identify the type of risk or term being described:a. This type of risk relates to fluctuations in exchange rates.
b. This type of risk is inherent in a firmâs operations. A standard measure of the risk per unit of return. This can be used to reduce the stand-alone risk of an investment by combining it with other investments in a portfolio.
c. A standard measure of the risk per unit of return
d. This type of risk relates to fluctuations in exchange rates

Answers

Answer:

Foreign exchange risk

Explanation:

These are the risks that an international financial transaction could accrue because of fluctuations in the currency.

A standard measure of the risk per unit of return and this type of risk relates to fluctuations in exchange rates.

Therefore, according to the following descriptions, the type of risk or term being described is Foreign exchange risk.

A portfolio conssts of 275 shares of Stock C that seilsfor $52 and 240 shares of Stock D that sells for $23. What is the portfolio weight of Stock c? a. 7816 b. 8117 c. 7215 d. 2387e. 2785

Answers

Answer:

c. 7215

Explanation:

Number of shares of Stock C = 275

Value of Stock C = $52

Number of shares of Stock D = 240

Value of Stock D = $23

The weight of stock of a given stock is defined by the total value of the stock divided by the total value of the portfolio. For stock C:

Value_C = 275*\$52=\$14,300\nValue_D = 240*\$23=\$5,520\nWS_C = (\$14,300)/(\$14,300+\$5,520) \nWS_C = 0.7215 = 72.15%

The weight of of Stock C is 0.7215 or 72.15%.

The following information describes a​ company's usage of direct labor in a recent​ period: Actual direct labor hours used 40 comma 000 Actual rate per hour $ 12.00 Standard rate per hour $ 11.25 Standard hours for units produced 27 comma 500 How much is the direct labor efficiency​ variance? A. $ 150 comma 000 favorable B. $ 150 comma 000 unfavorable C. $ 140 comma 625 unfavorable D. $ 140 comma 625 favorable

Answers

Answer:

C. $ 140 comma 625 unfavorable

Explanation:

The formula to compute the direct labor efficiency variance is shown below:

= Standard labor rate × (Standard hours for actual output - Actual hours)

where,  

Standard labor rate is $11.25

Standard hours for actual output is 27,500

And, actual hour is 40,000

Now put these values to the above formula  

So, the value would equal to      

= $11.25 × (27,500 hours - 40,000 hours)

= $140,625 unfavorable

Since actual hours is more than the standard hours so there is a unfavorable variance

Ed, a businessperson, is a friend of Fran, the owner of a Percolated Coffee & Baked Goods store. Every day, Ed spends five minutes in Fran’s store, looking at the goods and usually buying one or two cinnamon buns or bagels. One afternoon, Ed goes into the store, looks at the items, and picks up a $1 chocolate brownie. Ed waves the brownie at Fran without saying a word and walks out. Is there a contract? If so, how would it be classified in terms of formation, performance, and enforceability?

Answers

Answer:

An contract is an understanding agreement that can be implemented in court it is a shaped by two or more gatherings who consent to perform or to cease from playing out some demonstration now or later on . The target hypothesis of agreements not by the individual or subjective aim or conviction of a gathering .The hypothesis is that gathering's expectation to go into an agreement is judged by outward destinations truths as deciphered by a sensible individual ,as opposed to by the gathering's mystery subjective aims . the essential components of a substantial contract and the path in which an agreement is made. The agreements that fall under this circumstance would be the agreement of arrangement contract of development ,contract of execution and the agreement of enforceability. The main contract would be the agreement of arrangement .They are contracts that are grouped in light of how when an agreement of development .

In the event that Ed had constantly paid for all the earlier pieces of candy, there gives off an impression of being suggested in actuality contract taking into account the earlier course of dealings amongst Ed and Fran.

Waving the sweet treat at Fran can be seen as an affirmation that Ed was not surreptitiously taking the piece of candy, but rather was demonstrating that he would get her the cash for that one later. His questionable signal in light of the gatherings earlier course of managing could sensibly be translated by Fran as a nonverbal IOU at the cost of that 1 piece of candy.There can likewise be an inferred in law contract taking into account the same certainties since to not force a suggested in law guarantee to pay results in the uncalled for improvement of Ed at the expense of Fran.Either sort of inferred contract is enforceable in Court.

Final answer:

The situation between Ed and Fran and the brownie forms an implied-in-fact contract, based on their established habitual behaviors. It's an executed and enforceable contract assuming there are no factors that may render the contract unenforceable.

Explanation:

In the scenario presented, a contract indeed exists between Ed and Fran. This is an implied-in-fact contract because it was formed by the conduct of the parties involved rather than a formal agreement. Ed's habitual behavior of picking up items and paying for them establishes a pattern of conduct and an unspoken agreement.

In terms of performance, this is an executed contract, because Ed picked up a brownie and walked out. Presumably, from past behavior, he is expected to pay later.

As for enforceability, assuming there are no elements that may render the contract unenforceable (such as fraud or mistake), it is enforceable. Fran could presumably sue for breach of contract if Ed failed to pay for the brownie.

Learn more about Contract Formation here:

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Mountain High Ice Cream Company transferred $76,000 of accounts receivable to the Prudential Bank. The transfer was made with recourse. Prudential remits 90% of the factored amount to Mountain High and retains 10% to cover sales returns and allowances. When the bank collects the receivables, it will remit to Mountain High the retained amount (which Mountain estimates has a fair value of $6,600). Mountain High anticipates a $4,600 recourse obligation. The bank charges a 2% fee (2% of $76,000), and requires that amount to be paid at the start of the factoring arrangement. Mountain High has transferred control over the receivables, but determines that it still retains substantially all risks and rewards associated with them. Required: Prepare the journal entry to record the transfer on the books of Mountain High, considering whether the sales criteria under IFRS have been met.

Answers

Answer:

Cash                      66,880 debit

Due from factor       7,600 debit

Loss on factoring    6,120  debit

      Accounts Receivables     76,000 credit

      Recourse Liability               4,600 credit

Explanation:

Accounts receivable factored:       76,000

Cash received 90% of 76,000    =   68,400

less bank charge fee: 76,000 x 2% = 1,520  

total:                                                   66,880

Due  from factoring = 76,000 x 10% 7,600

Recourse liability: 4600

The loss is calcualte bu difference:

The bank receives 76,000 dollars of Accounts receivables

It pays 66,880 It makes us assuma liability for 4,600

and potentially can paid up to 7,600

Net: 69,880‬

difference: 76,000 - 66,880 = 6,120