Why is the greece financial crisis described as a depression and not a recession?

Answers

Answer 1

Answer:

The financial crisis in Greece is described as depression rather than recession is because the Greece’s economy had taken a severe and sustained economic downturn. Greece’s economy has been marked by a substantial and sustained shortfall of the ability to purchase goods relative to the amount that could be produced. Depression is a more severe form of recession. Recession lasts a few months, while depression lasts longer.

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What is the meaning of accounting.

Answers

The action or process of keeping financial accounts is what accounting means

noun: accounting
1.
the action or process of keeping financial accounts.

How does the rate of a proportional tax change with income?A.)The rate increases as income increases.
B.)The rate remains the same, even if income increases or decreases.
C.)The rate decreases as income increases.
D.)The rate decreases as income decreases

Answers

B the rate remains the same even if income increases or decreases

The government or tax collecting authority sets a fixed percentage of income, and then requires that percentage of every dollar paid as tax. This is in comparison to a progressive marginal tax rate which taxes at a fixed amount different brackets of income, but higher brackets are taxed at a higher rate. Proportional remains the same amount out of every dollar earned up to an unlimited amount or down to an income of $0.

Andrea and Karl got married a year ago and are ready to move out of their apartment and into a new home. After looking at several houses, they have developed a list of features that are important to them and that are different among the homes they have visited. The features on their list are called __________.

Answers

Explanation:

The attributes that are very essential for the determination of final choice of buying a good or services are called as determinant attributes. These attributes are considered as an important thing that the buyer ultimately use for purchasing a product and also uses them to compare and differentiate the features of other products or services.

In the example given, Andrea and Karl list a set of features that are very important to them and they compare with the homes they visited. Thus these list of features will be considered as determinant attributes with which they decide the home to which they shift.

On April 1, Braintree Corporation issued 10%, ten-year, $300,000 bonds at 106. The effective interest rate for these bonds isa) 4.7%.

b) 9.43%.

c) 10%.

d) 5%

Answers

i think the answer is B. 9.43%.

Answer:

Explanation:

Interest rate = YTM = 10 + [ 100-106]/10]/ (100+106)/2

Your Mutual fund was valued at $237,500 it has lost 6% per year for the last three years what is its value today

Answers

Answer:

197263.70

Explanation:

I did math on a website

Which of the following headings should be included in your résumé?a. objective
b. work experience
c. qualifications
d. all of the above

Answers

Answer: d. all of the above

Explanation:

A resume is known to be a document which contains the personal details, objectives, educational background, work experience, qualifications and so on of an individual which is used in getting a job a new job. Thus, the objective section spelt out the career aims, the work experience section include where an individual has worked in the past and qualifications include the certificate obtained from pre-school and schools attended.

d. all of the above
hope this helped:)

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In the current year, Chastain takes a trip from Charleston, South Carolina to France primarily for business purposes. He is away from home from March 5 through March 16. He spends four days vacationing and eight days (including two travel days) conducting business. His airfare is $2,900, his meals amount to $180 per day, and lodging and incidental expenses are $420 per day. He is self-employed. In your computations, round any division to two decimal places and use rounded amounts in subsequent calculations. Chastain's deductible expenses are:Plane and taxi expenses: $ _________.Lodging and incidental expenses: $ ___________.Meals: $ _________.