A recession occurs when inflation rises for two or more consecutive quarters.
Answer the following statement true (T) or false (F)
False
When gross domestic product (GDP) declines for two or more consecutive quarters, a recession occurs.
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Which of the following is not a stage in the management process?
A) Evaluating B) Communicating C) Planning D) Recording
Assets are classified as current for reporting purposes when
a. shares of common stock in a company's important supplier are acquired to ensure continued availability of raw materials. b. shares of common stock in another company are acquired to diversify operations. c. expenditures are made in developing new technologies or advertising products. d. they are reasonably expected to be turned into cash or to be sold or consumed during the normal operating cycle of the business. e. None of these answer choices is correct.
A credit may signify a
A) decrease in assets B) decrease in liabilities C) decrease in capital D) decrease in revenue
What statement reflects the change from early management theory to current theory?
a. There has been a shift from how workers could perform more efficiently to the human element through behavior sciences. b. There has been a shift from why workers perform to how much they can produce. c. The shift occurred within the past few years in the millennium. d. The shift occurred because there was to much focus on the behavioral sciences and needed to place the focus back on production.