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Carolina's Hats has the following sales, payroll and property factors:
What is Carolina's Hats North and South Carolina apportionment factors if North Carolina uses an equally-weighted three-factor formula and South Carolina uses a double-weighted sales factor formula? (Round your answers to two decimal places)
Recession 2008-2009
A significant decline in economic activity spread across the economy, lasting more than a few months, during the late 2000s.
Housing Prices
The cost of purchasing residential property, which can fluctuate based on factors like location, demand, and economic conditions.
Aggregate Demand
The comprehensive requirement for all goods and services in an economic situation, fixed at a specific overall price level during a certain timeframe.
Stagflation
An economic condition characterized by high inflation, high unemployment, and stagnant demand in a country’s economy.
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