A period of economic stability began in the 1980s. In 2001, prices began to increase. In 2007, an economic crisis caused prices to fall. Which of these dates would be considered the peak of this cycle?

Answers

Answer 1
Answer: The right answer for the question that is being asked and shown above is that: "Year 2006." A period of economic stability began in the 1980s. In 2001, prices began to increase. In 2007, an economic crisis caused prices to fall. The date that would be considered the peak of this cycle is that Year 2006
Answer 2
Answer:

Answer:

The correct answer is D. 2007.


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Which of the following is an essential part of being an entrepreneur?a. Being friendlyc. Taking risksb. Having a lot of moneyd. Being an expert in your field

The following is a list of balances for company XYZ ltd. Sales 1,000,000 Purchases 265,000 Vehicles 647 000 Creditors 650 000 Debtors 673 000 Rent 75 000 Wages 90 000 Loan from bank 100,000 Prepare a trial balance for company XYZ ltd.

Answers

Answer:

Here is the trial balance for company XYZ ltd:

Sales: $1,000,000

Purchases: $265,000

Vehicles: $647,000

Creditors: $650,000

Debtors: $673,000

Rent: $75,000

Wages: $90,000

Loan from bank: $100,000

To ensure the trial balance is balanced, we need to calculate the total debits and credits. In this case, the debits are Sales, Purchases, Vehicles, Rent, Wages, and Loan from bank, while the credits are Creditors and Debtors.

Total Debits:

$1,000,000 (Sales) +

$265,000 (Purchases) +

$647,000 (Vehicles) +

$75,000 (Rent) +

$90,000 (Wages) +

$100,000 (Loan from bank) = $2,177,000

Total Credits:

$650,000 (Creditors) +

$673,000 (Debtors) = $1,323,000

Since the total debits ($2,177,000) do not equal the total credits ($1,323,000), there may be an error in the trial balance. Double-checking the calculations and reviewing the account balances will help identify any discrepancies.

Please note that the trial balance only lists the balances and does not account for specific account types or financial statements. It serves as a tool to ensure the total debits and credits are in balance before preparing financial statements.

Who promoted the theory that success and failure in business should be governed by natural law without interference?a. Andrew Carnegie
b. John
d. Rockefeller
c. Herbert Spencer
d. William G. Sumner

Answers

  Andrew Carnegie , promoted this same theory hope this helps

What might happen if an economy is unable to produce wanted goods and services people will go without them people will look elsewhere for them?

Answers

People may start looking elsewhere for them if an economy is unable to supply the desired products and services.

What may occur if a country's economy is unable to produce?

  • People will shop elsewhere if an economy is unable to supply the desired goods and services. Customers will go where their want is satisfied if their desire is not met by the existing economy. An economy must thus create the goods and services that consumers want in order to satisfy their demand.
  • Since society only has a certain amount of resources, it is unable to provide all the products and services that people desire.
  • People may start looking elsewhere for them if an economy is unable to supply the desired products and services.

To learn more about  economy refer to:

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Answer:its B

Explanation: yes

Darlene owns stock in several different companies. When she received a dividend check from her Avatar stock, she endorsed the checks and deposited the money in her daughter's checking account. Consequently, her daughter will be assessed the tax on the dividends.1. True
2. false:

Answers

Answer:

The answer is  False

Explanation:

Darlene will be the one assessed tax on dividends,  tax if charged in daughter's account will result in double taxing

Automatic stabilizers are critical to the success of supply-side policies. True or False

Answers

That statement is False

Automatic stabilizers are NOT critical to the process of supply-side policies. Supply side policies are an attempt to increase production, meanwhile automatic stabilizers only used in the case of emergency, not really affecting productivity

Sometimes very high ________ costs are recognized before a project begins and reducing these costs through shorter project durations becomes a high priority.

Answers

Answer:

D) overhead

Explanation:

Overhead costs are the fixed costs or indirect costs or a project. This means that they are not directly related to the production process or the delivery process. Overhead costs are divided into:

  • manufacturing: machinery and equipment, supervisors' salaries, utilities, etc.
  • administrative: rent, advertisement, equipment, etc.  

Depending on the project's scope and required tasks, projects can be crashed to reduce both direct and indirect (overhead) costs. Shorter project schedules can result in lower overhead costs, even if the direct costs are not affected, e.g. less rent, less supervisors, shorter equipment leasing times, etc.

Answer:

Overhead costs

Explanation:

When high overhead costs are recognised before project starts there will be a need to manage them. Since overhead cost increase as duration of project increases, reduction in project duration will go a long way in reducing cost incurred.

Overhead costs can include wages, rent, utility bills, maintenance costs and so on. They can also be reduced when costs that are not adding value is recognised.