Read the passage and answer the question.

during the great depression, economists believed recovery would occur when spending increased. since spending was low, economic theory held that savings should be very high. this would create a surplus of capital and drive down the cost of loans. the pure ease of expansion should have brought economic activity back up to healthy levels. yet, the great depression dragged on.

people had no savings to invest in the market and, in fact, had drawn down their savings just to survive. there was no free capital to invest, and without income or savings, people could not support existing operations. as a result, there would be even fewer people earning income and yet more people with dwindling savings.

which answer choice best explains the type of unemployment that resulted from the great depression?

Laurelton heating & cooling installs and services commercial heating and cooling systems. laurelton uses job costing to calculate the cost of its jobs. overhead is allocated to each job based on the number of direct labor hours spent on that job. at the beginning of the current year, laurelton estimated that its overhead for the coming year would be $ 61 comma 500. it also anticipated using 4 comma 100 direct labor hours for the year. in april comma laurelton started and completed the following two jobs: (click the icon to view the jobs.) laurelton paid a $ 20-per-hour wage rate to the employees who worked on these two jobs. read the requirements requirement 1. what is laurelton's predetermined overhead rate based on direct labor hours? determine the formula to calculate laurelton's predetermined overhead rate based on direct labor hours, then calculate the rate. / = predetermined overhead rate

Storico co. just paid a dividend of $3.15 per share. the company will increase its dividend by 20 percent next year and then reduce its dividend growth rate by 5 percentage points per year until it reaches the industry average of 5 percent dividend growth, after which the company will keep a constant growth rate forever. if the required return on the company’s stock is 12 percent, what will a share of stock sell for today?

Which three of the following expenses can student aid recover? -tuition -television -school supplies -parties and socializing -boarding/housing