If there is an increase in labor productivity, there will be an <u>increase </u>in wages and an <u>increase </u>in individuals employed.
If better insurance policies are mandated by the government then wages and the number of people employed will <u>both decrease</u>.
This shows that the entity that actually pays the costs of health insurance premiums is <u>employers</u>.
<h3>What happens when labor productivity rises?</h3>
When there is an increase in labor productivity, employers will demand more employees in order to produce more. This will shift the labor demand curve to the right.
The new intersection of the demand curve with the supply curve will see an increase in the wage rate and in the quantity of those employed in the labor market.
<h3>What happens if better insurance policies are imposed?</h3>
If the government mandates that employers should provide better insurance policies, it means that employers will start paying more in insurance premium contributions.
This increased cost of labor will lead to employers demanding less employees which will lead to a decrease in the wage rate and in the number of those employed.
This shows that employers are mostly the ones who pay for health insurance premiums which is why an increase in these premiums will increase the cost of labor for them.
Find out more on the labor market at brainly.com/question/4389927.
Answer:
The answer is: $1,219,000
Explanation:
Net capital spending (NCS): is the amount of money a company invests in acquiring new fixed assets.
We use the following formula:
Net Capital Spending = ending fixed assets – beginning fixed assets + depreciation
NCS = $3,300,000 - $2,400,000 + $319,000 = $1,219,000
Answer:
creating goods and services.
Explanation:
Economics seeks to get answers to how societies utilize scarce resources to meet the unlimited needs of members. The three basic questions that economics addresses are
- What to produce?
- How to produce?
- For whom to produce?
Creating goods and services and services is answering on what to produce? With the limited resources, authorities must decide what goods and services to produce. Decisions have to be made on what needs to meet immediately. For example, the government may decide to build new schools rather than contract a new road
Answer:
False
Explanation:
It is FALSE that If you make superior returns by buying stocks after a 10% fall in price and selling stocks after a 10% rise, this is consistent with the weak form of EMH.
Weak Form of Efficiency Market Hypothesis states that individuals cannot use past knowledge, facts, or occurrence about stock to determine its future price.
In other words, past data or evidence has no connection with existing market prices.
Hence, if you make superior returns by buying stocks after a 10% fall in price and selling stocks after a 10% rise, that shows the existence of pattern or past information about the stock rising or falling prices determine future occurrence. This situation contradicts the Weak form of EMH
Answer:
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Explanation:
