which of the following is a characteristic of prosperity in the peak phase of the business cycle?
James
Guys, does anyone know the answer?
get which of the following is a characteristic of prosperity in the peak phase of the business cycle? from EN Bilgi.
Which Of The Following Is A Characteristic Of The Prosperity Phase Of The Business Cycle?
Do you want to know which of the following is a characteristic of the prosperity phase of the business cycle? Check out a descriptive answer to your......
Business Intelligence
Which Of The Following Is A Characteristic Of The Prosperity Phase Of The Business Cycle?
by Jason April 8, 2021
0 SHARES 0 0
Read Next
5 Important Things To Consider Before Starting A Cannabis Business
which of the following is a characteristic of the prosperity phase of the business cycle? So, the business cycle’s prosperity sounds like happily ever after, along with the limitless expansion of your business goal. The business cycle is an illustration of economic fluctuation. Each business trend is diverse, and economics analyzes the different phases of the business by applying the business cycles. When are you asking about which of the following is a characteristic of the prosperity phase of the business cycle’s prosperity phase?
Four different phases of the business cycle are present in the system. But if you want a full explanation of the questions, you have to start learning by the simple definition of the business cycle’s prosperity phase?
So let’s start with
What Is The Prosperity Phase Of The Business Cycle?
PIN IT
When you observe the prosperity definition from economics, you get to know that business growth is affecting by economic growth. While you are Seeking the accurate answer of which of the following is a characteristic of the business cycle’s prosperity phase? It becomes easy when knowing the prosperity phase of the business cycle.
According to you, what you are going to count as the prosperous time of the business. The obvious answer is you are going to find a very low number of unemployed, in the prosperity stage. And along with unemployment, The economy is facing a very high level of consumer production and demand.
The business cycles are affecting the total economic growth of the system, and from big to small businesses, every one of the systems is beneficiary from the system. Prosperity is one of the fundamental stages of the business cycle.
What Are The Characteristics Of Prosperity?
PIN IT
While you are going to define prosperity in economics. First, you have to develop some knowledge about what are the characteristics of prosperity in the business cycle.
No sign of limited employment, a low level of unemployment is the most prominent feature of prosperity in the business cycle.
A prosperous economy means the business goal is reaching up to the high demand of consumers.
Meeting up the consumer demand and high production are signs of good prosperity in the business cycle.
All the consumers are satisfied with the accurate products as per their need.
Four Phases Of The Business Cycle Along With The Traits
The four stages of the business cycles are delivering the answer of which of the following is a characteristic of the prosperity phase of the business cycle? Question. As the business’s different phases are changeable, but like a principle, each of the business cycles has four standard stages. Along with these four stages, the traits of the stages are also different.
Here are the four phases of the business cycle.
1. Contraction
PIN IT
Many viewers are asking about which part of the cycle represents a period of contraction? As the business cycles have four phases and shrinking of the business is really a valuable phase. When you plan to expand your business, you have to spend a lot of money on expanding or manage your business.
Expanding means more production and more human resources. But if you want to be a successful business person, you have to put a finishing boundary on your expenses. In the contraction phase, organizations are decreasing the explanation and limiting the cost of the product.
The organizations are decreasing their expanded area and limit the productions and human resources costs. By a single word, you can say contraction means shrinkage or the production cost.
2. Recession
After the contraction level of the business cycle, the recession is coming next. When the economic demand is noticeably reduced. A serious rescission is called depression. The 1930 great depression is still now the most long-term example of economic depression in history. The depression started in 1929 and lasted up to 1939. A huge number of people are becoming unemployed.
Many of the viewers are asking which of the following is a characteristic of the prosperity phase of the business cycle? But do you know understanding the recession is assisting you to recognize the characteristics of business cycles? During recessions, the demand for goods is decreasing along with the productions and services. As the services are getting drops, the unemployment rate is getting higher.
Source : www.smartbusinessdaily.com
The Business Cycle Flashcards
Start studying The Business Cycle. Learn vocabulary, terms, and more with flashcards, games, and other study tools.
The Business Cycle
4.7 18 Reviews
12 studiers in the last hour
Which of the following is a characteristic of the prosperity phase of the business cycle?
Click card to see definition 👆
B. high levels of production
Click again to see term 👆
During a recession, what is one way governments try to encourage growth?
Click card to see definition 👆
A. by increasing unemployment benefits
Click again to see term 👆
1/10 Created by taylor-riddle
Terms in this set (10)
Which of the following is a characteristic of the prosperity phase of the business cycle?
B. high levels of production
During a recession, what is one way governments try to encourage growth?
A. by increasing unemployment benefits
Which scenario best reflects the relationship between production and demand in a recession?
C. Car dealerships cannot sell their stock.
Time is measured along the x-axis. What is measured along the y-axis?
C. economic output
Which of the following conditions is most indicative of recovery?
D. The economy is growing again.
Why might buying a home during a recession be a good decision for some consumers? Check all that apply.
A, C, D
Which best describes how governments respond to changes in the business cycle?
C. Governments change their policies.
Which event best describes why it is difficult to sell a home during a recession?
B. Demand greatly decreases.
There are four stages in an economic recovery.
1. increased production
2. rising demand (occurs twice)
3. increased hiring
In which order do these stages occur?
D. 2, 1, 3, 2
Which of the following events most likely explains renewed demand in a recovery period?
B. Need and, hence, demand increase as goods wear out.
Related questions
QUESTION
When practicing time management, an entrepreneur should focus on long-term items that are critical and give them more priority.
2 answers QUESTION
which term refers to the unfair treatment of a person usually because of prejudiced attitudes
6 answers QUESTION
According to the Wall Street Journal, the demand for shipping transportation vehicles exceeded the global supply in 2017. This had what impact on the income statement for many companies which ship products worldwide?
15 answers QUESTION
Multinational organizations that take the polycentric and regiocentric approaches to assigning management positions assign parent country nationals to top-level management positions and host country nationals or regional country nationals to mid-level management positions and below respectively.(T/F)
3 answers
Sets found in the same folder
Inflation & Stagflation
10 terms Rosie_Esquivel9
Inflation and Stagflation
12 terms AyriannaJones
Unit Review
21 terms Rosie_Esquivel9
Fiscal Policy: Taxes
20 terms breannawatkins
Sets with similar terms
The Business Cycle
21 terms courtneycribbs
The business cycle
10 terms mKayeBailey
The Business Cycle
10 terms AntoinaRahming
(Unit 3) Lesson 3: The Business Cycle
10 terms nessa9322
Other sets by this creator
Rotations
10 terms taylor-riddle
Math Stuff
12 terms taylor-riddle
Applications of Percent
10 terms taylor-riddle
Multiplying Two Equations to Solve Systems
7 terms taylor-riddle
Other Quizlet sets
SS chapter 11 Test
22 terms Breanna-stephan
M Ch 4
38 terms lia155
Science Unit 1 Study Guide
10 terms Luek-Oles
Tolerans
23 terms Hifaa-RiPLUS
Verified questions
QUESTION
Gamma Industries has net income of $3,800,000, and it has 1,490,000 shares of common stock outstanding. The company’s stock currently trades at$67 a share. Gamma is considering a plan in which it will use available cash to repurchase 10% of its shares in the open market at the current $67 stock price. The repurchase is expected to have no effect on net income or the company’s P/E ratio. What will be its stock price following the stock repurchase?
Verified answer QUESTION
Bond X is noncallable and has 20 years to maturity, an 8% annual coupon, and a $1,000 par value. Your required return on Bond X is 9%; if you buy it, you plan to hold it for 5 years. You (and the market) have expectations that in 5 years, the yield to maturity on a 15-year bond with similar risk will be 7.5%.How much should you be willing to pay for Bond X today? (Hint: You will need to know how much the bond will be worth at the end of 5 years.)
Verified answer QUESTION
Pacific Packaging’s ROE last year was only 5%; but its management has developed a new operating plan that calls for a debt-to-capital ratio of 40%, which will result in annual interest charges of $561,000. The firm has no plans to use preferred stock and total assets equal total invested capital. Management projects an EBIT of$1,258,000 on sales of $17,000,000, and it expects to have a total assets turnover ratio of 2.1. Under these conditions, the tax rate will be 35%. If the changes are made, what will be the company’s return on equity?
Traits of the Four Phases of the Business Cycle
Traits of the Four Phases of the Business Cycle. While each business is unique, the economy as a whole tends to ebb and flow in a predictable pattern. Economists refer to this pattern as the four phases of the business cycle. The amount of time it takes to pass through a phase can vary, but each phase will eventually ...
Traits of the Four Phases of the Business Cycle
Small Business | Money & Debt | Making Money By Renee Booker
RELATED
Causes of a Business Cycle
How Long Is the Average Business Cycle?
How Business Cycles Affect Unemployment
What Are the Characteristics of Each Stage of the Business Cycle?
Goals of Expansionary Monetary Policy
While each business is unique, the economy as a whole tends to ebb and flow in a predictable pattern. Economists refer to this pattern as the four phases of the business cycle. The amount of time it takes to pass through a phase can vary, but each phase will eventually come to pass. Although called by varying names, the four phases are often referred to as expansion, prosperity, contraction and recession. Each phase is characterized by specific traits.
Expansion
The expansion or growth stage of the business cycle is marked by a strong economy. During this phase, people are making money and the demand for goods and services begins to increase. As a result of the increased demand for goods and services, the demand often begins to exceed the supply, which results in inflation, which is higher prices for goods and services.
Prosperity
The prosperity stage typically follows the expansion stage. As the economy continues to operate at full, or near to full, capacity, and prices for goods and services increase, workers tend to ask for raises. Consequently, wages also tend to rise during periods of prosperity. The costs associated with higher wages also translates into additional inflation as higher wages means a higher cost to produce goods and services.
Contraction
A contraction, or decline, in the business phase marks the end of the expansion or prosperity phase. The economy can only sustain growth for so long before the inflationary results begin to have a negative effect on the economy. During the contraction phase, businesses start to decrease spending and cut costs related to production. Workers may face layoffs during the contraction phase of the business cycle as demand for goods and services begins to decrease.
Recession
A recession, sometimes referred to as a trough, is the phase of the business cycle that follows a contraction, during which time economic demand is substantially reduced. A serious recession is called a depression. During a recession, the decreased demand for goods and services results in an overall decreased gross domestic product level which, in turn, creates high levels of unemployment.
References
Reference for Business: Business Cycles
Library of Economics and Liberty: Business Cycles
Writer Bio
Renee Booker has been writing professionally since 2009 and was a practicing attorney for almost 10 years. She has had work published on Gadling, AOL's travel site. Booker holds a Bachelor of Arts in political science from Ohio State University and a Juris Doctorate from Indiana University School of Law.
RELATED ARTICLES
The Best Part of the Business Cycle
What Is the Sequence of Business Cycle Phases?
What Is the Relationship Between Gross Domestic Product and the Business Cycle?
What Is Prosperity in the Business Cycle?
What Is the Risk to the Business Cycle During an Expansionary Policy?
The Contraction Stage of the Business Cycle
What Are the Steps of a Business Cycle?
Causes of a Business Cycle
How Long Is the Average Business Cycle?
The Best Part of the Business Cycle What Is the Sequence of Business Cycle Phases? What Is the Relationship Between Gross Domestic Product and the Business Cycle? What Is Prosperity in the Business Cycle? What Is the Risk to the Business Cycle During an Expansionary Policy? The Contraction Stage of the Business Cycle What Are the Steps of a Business Cycle? Causes of a Business Cycle How Long Is the Average Business Cycle? How Business Cycles Affect Unemployment
Ad Unmute by Taboola Sponsored Links You May Like
Play Now In Your Browser
Hero Wars
Within The Next 20 Day You Could Start Speaking A New Language
Babbel
Remember Cote De Pablo? This Is Her Now
PsychicMonday
Do You Speak English? Work a USA job from home in Turkey
Work from Home | Search Ads
Susan Boyle is now so thin and looks beautiful!
Cars&Yachts
Prices of Unsold New Cars In Camlik Mah. Could Greatly Surprise You
Unsold cars | Search
Guys, does anyone know the answer?