1 point
Which of the following best represents economic activity during a
recession?
The unemployment rate decreased to 3.5%, and the inflation rate decreased to 2%,
while GDP increased by 11%.
O
GDP increased by 8% for three straight quarters.
Unemployed people begin worrying that they won't be able to find a job, as the number
of unemployed people keeps rising.
Americans begin worrying that the value of their money will go down when they see
the inflation rate increase to over 11%.

Choose the best term for each definitionexpense, liability, monetary asset, statement of financial position, tangible asset, net worth, market value, investment asset, income, assetitems of monetary value a person or household ownsmoney spentmoney receivedfinancial assets purchased with the hope that they will generate income and appreciate in value to make it possible to sell at a higher price in the futurea debt or obligation owed to othersthe amount you could realistically sell an asset forassets that can be quickly and easily converted into casha measure of financial wealth and indicates the monetary value of all possessions that a person or household owns, minus the total amounts owed to othersa financial statement that describes an individual or family's financial condition on a specified date by showing assets, liabilities, and net worthpersonal property that was purchased to create a lifestyle or improve your life

Tandard product costs deerfield company manufactures product m in its factory. production of m requires 2 pounds of material p, costing $4 per pound and 0.5 hour of direct labor costing, $10 per hour. the variable overhead rate is $8 per direct labor hour, and the fixed overhead rate is $12 per direct labor hour. what is the standard product cost for product m? direct material answer direct labor answer variable overhead answer fixed overhead answer standard product cost per unit answer

What do you recommend adam do to increase production in a business setting that does not seem to value high productivity?