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Upward A+
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What term means a temporary decline in economic activity or prosperity?
A recession is a modest downturn in the level of economic activity. Technically, this is indicated by two consecutive quarters of negative economic growth by the GDP.
What is a steady long term increase in real GDP referred to as?
Economic Growth
What is Solow?
Solow is a swann model. Long term economic growth from neoclassical ages are used to compare long term economical complications of present.
What is mean by term socio-economic issues explain by referring to three example of such issues?
The socio-economic issues are the problems that socioeconomics tackles and the factors that have negative influence on the individuals' economic activity. Such issues are lack of education, crime
What are the key questions about fiscal policy that need to be addressed in order to ensure economic stability and growth?
Key questions about fiscal policy that need to be addressed for economic stability and growth include: How should government spending be allocated to support economic growth? What is the appropriate level of taxation to fund government programs without hindering economic activity? How can fiscal policy be used to address economic downturns and promote long-term growth?
Define economic depression and name at least one example of one?
An economic depression is a sustained, long-term downturn in economic activity in one or more economy. An obvious example is the U.S. Great Depression.
What is bench trending?
Organisation continuously monitor the developments in the political, economic, social and technological fronts and identify future gaps that may be created by significant market changes, customer preferences, innovation threats and other environmental variables critical to long term success of the firm. Such trend studies are known as Bench Trending.
Definition of business finance?
Business finance is an economic activity which helps commercial entities or non-profit establishments for short-term functional needs or long-term investment. Banks are part of economic institutions that provide capital to businesses.
The term that describes a modest downturn in the level of economic activity is?
recession A+ Class
What term means a temporary decline in economic activity or prosperity?
A recession is a modest downturn in the level of economic activity. Technically, this is indicated by two consecutive quarters of negative economic growth by the GDP.
What is the term for severe slowing of business activity?
dramatic income reduction. Economic depression.
A perfect competitor can reap an economic profit in the short term in the long term never in both the short and long term?
Short term
What is the term for economic activity spanning many nations of the world with little regard to national borders?
Globalization.
Roosevelt's economic policies at the beginning of his second term revealed his desire to?
Roosevelt's economic policies at the beginning of his second term revealed his desire to rein in the rampant New Deal policies of his first term. His second term was much less frenetic in activity.
What term is defined as a decline in economic activity that usually lasts six months or longer?
pretty sure its recession
What is the term for the low point that preceded the recovery?
The term for the low point that precedes the recovery is a "trough" in economic cycles. It represents the lowest level of economic activity before a rebound or upturn occurs.
What type of account is equipment?
Equipment is a long term asset account available for business to generate economic revenue.
