Comments (10) on “What is the turning point in the business cycle called”
Options to Answer
A) business aptitude
B) entrepreneurial aptitude
C) commercial opportunity
D) business capacity
E) managerial capacity
E. Managerial capacity
Explanation:
Managerial capacity has to do with the ability or capacity for an individual to manage a business. Managerial capacity problem has to do with those problems that occurs when growth in an organization is limited by the manager's capacity. The managerial capacity is attributed to personnel, expertise, intellectual and so on. Insufficient managerial capacity leads to loss business opportunities like in this case we have here. Because of his inability to take in more worker, he's losing more businesses.
C - The situation involving the service establishment has a probability 3.11 percentage points higher than the situation involving the retail establishment.
Explanation:
a. The situation involving the retail establishment has a probability 0.99 percentage points higher than the situation involving the service establishment.
b. The situation involving the retail establishment has a probability 4.91 percentage points higher than the situation involving the service establishment.
c. The situation involving the service establishment has a probability 3.11 percentage points higher than the situation involving the retail establishment.
D. The situation involving the service establishment has a probability 6.35 percentage points higher than the situation involving the retail establishment.
c. IS THE ANSWER AS The situation involving the service establishment has a probability 3.11 percentage points higher than the situation involving the retail establishment.
The answer is: c) dates peaks and troughs only after the fact.
This mean that millions of dollar spents by the Bureau cannot necessarily used to address the economic problems that people currently face.
One argument to counter such criticism is that the data from the Bureau could be used to make future predicitons and prevent any mistakes in the past from occuring again in the future.
The upper turning point of a business cycle and the point at which expansion turns into contraction. ... Trough: The lowest turning point of a business cycle in which a contraction turns into an expansion. This turning point is also called Recovery.
The NBER dating committee maintains a chronology of the business cycles in US. The data consists of the dates of the peaks and troughs in economic activity.
The NBER dating committee does not provide the data ahead of a recession or expansion, rather it functions as a historian of recording the peaks and troughs in economic activity.
The NBER dating committee reconciles several data before actually determining and announcing the month a recession started. The decision is based on several economic indicators that are very frequently revised. The economic estimate that has the most number of revisions is the GDP estimate. The NBER takes all the revisions made to the economic indicators including the GDP and then provides the month a recession started or ended. This is the main reason for the delay in determining the month a recession began or ended.
Hence this is one of the criticisms leveled against the NBER dating committee.
C. The situation involving the service establishment has a probability 3.11 percentage points higher than the situation involving the retail establishment.
Options to Answer
A) business aptitude
B) entrepreneurial aptitude
C) commercial opportunity
D) business capacity
E) managerial capacity
E. Managerial capacity
Explanation:
Managerial capacity has to do with the ability or capacity for an individual to manage a business. Managerial capacity problem has to do with those problems that occurs when growth in an organization is limited by the manager's capacity. The managerial capacity is attributed to personnel, expertise, intellectual and so on. Insufficient managerial capacity leads to loss business opportunities like in this case we have here. Because of his inability to take in more worker, he's losing more businesses.
The turning point in the business cycle is called a recovery
C - The situation involving the service establishment has a probability 3.11 percentage points higher than the situation involving the retail establishment.
Explanation:
a. The situation involving the retail establishment has a probability 0.99 percentage points higher than the situation involving the service establishment.
b. The situation involving the retail establishment has a probability 4.91 percentage points higher than the situation involving the service establishment.
c. The situation involving the service establishment has a probability 3.11 percentage points higher than the situation involving the retail establishment.
D. The situation involving the service establishment has a probability 6.35 percentage points higher than the situation involving the retail establishment.
c. IS THE ANSWER AS The situation involving the service establishment has a probability 3.11 percentage points higher than the situation involving the retail establishment.
The answer is: c) dates peaks and troughs only after the fact.
This mean that millions of dollar spents by the Bureau cannot necessarily used to address the economic problems that people currently face.
One argument to counter such criticism is that the data from the Bureau could be used to make future predicitons and prevent any mistakes in the past from occuring again in the future.
3. Group A describes the Renaissance
The upper turning point of a business cycle and the point at which expansion turns into contraction. ... Trough: The lowest turning point of a business cycle in which a contraction turns into an expansion. This turning point is also called Recovery.
c) Dates peaks and troughs only after the fact .
The NBER dating committee maintains a chronology of the business cycles in US. The data consists of the dates of the peaks and troughs in economic activity.
The NBER dating committee does not provide the data ahead of a recession or expansion, rather it functions as a historian of recording the peaks and troughs in economic activity.
The NBER dating committee reconciles several data before actually determining and announcing the month a recession started. The decision is based on several economic indicators that are very frequently revised. The economic estimate that has the most number of revisions is the GDP estimate. The NBER takes all the revisions made to the economic indicators including the GDP and then provides the month a recession started or ended. This is the main reason for the delay in determining the month a recession began or ended.
Hence this is one of the criticisms leveled against the NBER dating committee.
C. The situation involving the service establishment has a probability 3.11 percentage points higher than the situation involving the retail establishment.
the answer is D. (:
Step-by-step explanation:
GROUP A
Explanation: