Answer:
Ricci vs. DeStefano
Explanation:
This case is a US labor law case that occurred in 2009, where twenty (20) firefighters at the New Haven Fire Department claimed to be discriminated against because they were refused promotion despite the fact that they passed the test.
More noticeably, no blacks and a very small number of Hispanics qualified for the promotion.
The result of the lawsuit was that $2 million was paid to the firefighter plaintiffs and New Haven reestablished the results and promoted 14 out of the 20 plaintiffs. For fees and costs, their attorney Karen Lee Torre was paid $3 million.
Answer:
The answer is: A) If taxes are lowered, government revenues actually increase.
Explanation:
For example, when consumers have to pay less money in taxes, it means they will have more money to spend. Private consumption is the most important component of the GDP. When money starts to flow, a virtuous circle of growth starts a chain of events that reinforces economic growth through a feedback loop. When the economic growth rate increases, government revenue will also increase. The virtuous circle of growth is the most important pillar of the Keynesian economic theory.
The same applies to businesses, when they pay less taxes, they can invest more in new businesses which in turn increase economic growth, which results in higher revenue for the government.
Of course this theory applies to certain small tax reductions, and under certain specific circumstances.
Answer:
Explanation:
At $0.86
$0.86<$0.89
The buyer of the call option will not exercise the option. Net profit will be equal to the premium paid per unit = $0.02/unit.
At $0.87
$0.87<$0.89
The buyer of the call option will still not exercise the option. Therefore, net profit will be equal to the premium paid per unit = $0.02 unit. So net profit = $0.02/unit
At $0.88
$0.88<$0.89
The buyer of the call option will still not exercise the option. Net profit will be equal to the premium paid per unit = $0.02 unit. So net profit = $0.02/unit
At $0.89
$0.89=$0.89
The buyer of the call option will still not exercise the option. Net profit will be equal to the premium paid per unit = $0.02/unit.
At $0.91
The buyer will exercise the option and the net loss to Bulldog Inc will be 0.02/unit ($0.91-$0.89)
So there is no profit and no loss because this is offset by the call premium
Profit = -0.02 (loss on exercise) + 0.02 (call premium) = $0/unit
At $0.92
The buyer will exercise the option. The net loss to Bulldog Inc will be $0.03/unit ($0.92-$0.89)
Loss= -0.03 (loss on exercise) + 0.02 (call premium) = -$0.01/unit
Answer:
GDP per capita
Explanation:
GDP per capita of a nation represents the standard of living of an individual of that nation. Most of the bigger economies have largely focused on the GDP per capita rather than overall GDP of a nation.
GDP per capital is calculated as total GDP of a nation divided by the total population of that country.
If there is an increase in the GDP per capita of a country, this indicates that standard of living of each resident of that nation is improving which is a good indication for a country as a whole.
Answer:
A. the larger the share of labor costs in total costs and the greater the price elasticity of demand for output.
Explanation:
In the case when there is the change in the wage rate so the output impact on the demand of the firm with respect to the labor input should be greater. And, if the share of the labor cost should be greater in the total cost also at the same time the price elasticity of demand with regard to the output is higher
Therefore the option A is considered
