Answer: Labor cost is a representative of greater percentage of total cost for many firms. From the data of Bureau of Labor statistics, the U.S labour cost up to 2% in 2015 in comparison to 2014.
Explanation:
A. As labor increases, average total cost and marginal cost increases as well due to the fact that labor is part of total cost of production. If labor cost represents only variable cost when firms shut down, labor cost will be save but if it represents but variable and fixed cost, labor cost can't be avoided.
B. A positive productivity growth lead to a total product curve and marginal labor curve shift upward because total output and marginal product of labor curve increases.
C. A positive productivity curve will result in an downward shift of marginal cost curve and average total cost curve because average total cost and marginal cost decreases per output.
D. If labor cost are rising overtime on average. equipments, technologies and methods that increases labor productivity will be adopted in order for total output and marginal product of labour to increase.
Answer:
The answer is option A) In the short-run the effects of the housing and financial crises raise both inflation and the unemployment rate.
Explanation:
Deregulation in the financial industry was the primary cause of the 2008 financial crash and an increase in world prices of oil and foodstuffs were affecting the economy.
The financial crisis permitted banks to engage in hedge fund trading with derivatives and when the values of the derivatives crumbled, banks stopped lending to each other.
It allowed speculation on derivatives backed by cheap and improper issuance of mortgages, available to even those with questionable creditworthiness.
In the short-run the effects of the housing and financial crises of 2008 raised both inflation and the unemployment rate.
Answer:
Explanation:
The journal entry is shown below:
On July 1
Prepaid Insurance A/c Dr $10,480
To Cash A/c $10,480
(Being prepaid insurance is paid)
On December 31
Insurance expense A/c Dr $2,620
To Prepaid Insurance $2,620
(Being prepaid insurance is adjusted)
The computation is shown below:
= $10,480 ÷ 2 years × 6 months ÷ 12 months
= $2,620
Answer:
She is more likely to get a loan with a low interest rate
Explanation:
A low credit score indicates inadequate debt management by an individual. It communicates that the person borrows but does not pay promptly, misses on installments, or is a defaulter. A person with a low credit score is therefore considered a high-risk borrower.
In practice, a person with a poor credit score may find it challenging to obtain credit. Lenders and car dealers may set tough conditions before issuing the loan, such as a higher deposit requirement. Before applying for a car loan, an individual with a poor credit score may consider improving their score. A person with a low credit score will pay a higher interest rate for the loan, if approved.
Explanation:
The top three areas one must consider while planning an effective presentation are as follows:
1) Ease of Demonstration
2) Details about the main point of the presentation
3) Length of the presentation.
The above mentioned points are very important while planning an effective presentation to the audience. Consider audience as Lehman and pick up the most easy way to demonstrate the idea of the presentation to them. Secondly give appropriate details about the area on which you are going to give the presentation. Lastly, one must maintain an appropriate length of the presentation, that covers all the important aspects as well as not make the audience lose interest in it due to its length.
