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Author Question: When total output, income, employment, and trade decline for 6 to 12 months, the economy is in what ... (Read 91 times)

mynx

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on: Jun 29, 2018
When total output, income, employment, and trade decline for 6 to 12 months, the economy is in what part of the business cycle?
 
  What will be an ideal response?

Question 2

Refer to the scenario above. if the investor plans to invest a sum of 4,000, the net present value of Option C is:
 
  A) -1,236.36.
  B) -337.56.
  C) 516.80.
  D) 1,800.79.


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poopface

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Reply #1 on: Jun 29, 2018
Answer to Question 1

When these real variables decline, the economy is in the recession phase of the business cycle.

Answer to Question 2

C


mynx

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

Dinolord

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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