The expansion phase of a business cycle is a period during which:
A. the economy steadily grows.
B. the economy steadily declines.
C. the economy hits its highest point.
D. the economy hits its lowest point​

Answers

Answer 1

Answer:

A. the economy steadily grows.

Explanation:

A business cycle is the periodic fluctuations of economic activities in the country. Naturally, the economy will experience seasons of boom and periods of downturns.

The expansion phase is the period where a business experiences steady growth, as indicated by a rise in GDP value. The expansion comes after a recession where the economy was experiencing minimal or negative growth.  At the expansion phase, demand for goods and services is increasing, job opportunities are being created, and incomes are rising.

Answer 2

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Explanation:


Related Questions

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The Kids have been asked to decide whether India has more wealth than Peru. Mary says they should use the GDP while jann says they should use the GDPP. Who is right?

1. Mary
2. Jann
Neither, they should use the exports and imports

Answers

Answer: Mary

Explanation:

GDP simply means the gross domestic product and it is the value in terms of money based on the goods and services that a country produces.

With regards to the question, Mary is right as the GDP can be used to denote economic growth and also know how a particular economy is doing. Wealthy nations usually have a huge GDP.

Which of the following is a characteristic of a for-profit healthcare facility?

run by government

uses public funds

focuses on services everyone can afford

owned by private citizens

Answers

Answer:

D. owned by private citizens

Explanation:

A for-profit organization can be defined as a type of organization that is created to primarily generate more revenue than its operating costs by providing lawful services to customers. By generating more revenue than operating costs, a for-profit organization is able to make profit.

Some examples of for-profit organizations are privately owned establishments such as hospitals, hotels, restaurants, supermarkets, gas stations, etc.

Hence, a characteristic of a for-profit healthcare facility is that it is owned by private citizens.

Unlike government agencies or organizations which are being run with public funds and at a subsidized rate (focuses on services everyone can afford), for-profit are mostly owned by private citizens, who are always after making profits from the business.

Answer:

D

Explanation:

edge

Tyreek pitches four investors. They agree to each invest $25,000 and value Tyreek's company at 200,000. How much of the company will Tyreek still own after the investment?

a) 41%
b) 45%
c) 50%
d) 56%

Answers

Answer:

50%

Explanation:

The percentage of the company which Tyreek will still own after the investment can be calculated as follows:

Value of Tyreek's company = $200,000

Total amount contributed by the four investors = $25,000 * 4 = $100,000

Let P represents the percentage of the company which Tyreek will still own after the investment.

Therefore, we have:

P = (Total amount contributed by the four investors / Value of Tyreek's company)

P = ($100,000 / $200,000)

P = 0.5 or 50%

Therefore, the percentage of the company which Tyreek will still own after the investment is c) 50%.

Learn more here: https://brainly.com/question/1974199.

Zoowawa's nominal GDP rose by 6% between 2017 and 2018. If its inflation rate was 2.5%, by how much did its real GDP increase?

Answers

Answer:

3.5%.

Explanation:

Real GDP is understood to be that which arises from the difference between the economic growth (that is, of the GDP) of a country during a given period, and the inflation that occurred during that period. That is to say, inflation is subtracted from said economic growth.

Thus, since Zoowawa's nominal GDP grew by 6 percent, while inflation was 2.5 percent, the real GDP of that nation grew by 3.5 percent (6 - 2.5) during the mentioned period.

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