Divya owns a small boutique in a busy neighborhood. She has been thinking of expanding her business hours and hiring a sales associate to work evenings and weekends
She sees on the news that the GDP is down and decides to hold off on expanding her business for the time being. Why?
A downward-moving GDP indicates problems with the economy. The GDP moves down because fewer goods are being produced and fewer services being sold. This means that the businesses that produce these goods and services will have less profit and may need to lay off workers. The change in income for these workers means that they will spend less money overall, which means she may not have enough customers to make the expansion worthwhile.
You might also like to view...
When employees initiate a turnover, when the organization would prefer to keep them, it is called ________ turnover.
A. involuntary B. retentive C. voluntary D. dysfunctional E. external
A scalar variable can hold multiple values whereas a composite variable can hold only a single value.
Answer the following statement true (T) or false (F)
Which of the following terms would indicate a destination contract?
A) F.O.B. city of buyer B) F.O.B. city of seller C) C.I.F. D) F.A.S. seller's port
Brokers must disclose information on sex offenders if a buyer asks about it specifically
Indicate whether the statement is true or false