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REY [17]
2 years ago
14

Supporters of a minimum wage argue that it can increase wage rates without causing significant unemployment in which type of lab

or market?
Business
1 answer:
dem82 [27]2 years ago
5 0

Supporters protest that the wage rates can be increased without causing any significant unemployment are usually referring to the low pay labor market.

<h3>What is a wage? </h3>

A wage is the money compensation for the services obtained by a labor, this wage is based on rates these rates can be hourly, per piece or per day.

In such a market even if wage rates are increased the unemployment is not  significant and is in fact beneficial for the labor working on a low wage.

#SPJ12

Learn more about labor at brainly.com/question/27835210

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The Allied Corporation analyzes a project that requires an immediate investment of $440. Allied estimates that at the end of the
olga_2 [115]

Answer:

NPV = $100.4002 rounded off to $100.40

Explanation:

The NPV or net present value is the present value of a project or business's cash flows which are calculated by deducting the cash outflows from the cash inflows. NPV is a tool or criteria used for investment and project appraisal. The NPV can be calculated as follows,

NPV = CF1 / (1+r)  +  CF2 / (1+r)^2  +  ....  +  CFn / (1+r)^n   -   Initial Outlay

Where,

  • CF1, CF2, ... represents the cash flows in Year 1, Year 2 and so on.
  • r represents the discount rate

NPV = 660 / (1+0.075)  +  [ -85 / (1+0.075)^2]  -  440

NPV = $100.4002 rounded off to $100.40

8 0
2 years ago
At year-end (December 31), Chan Company estimates its bad debts as 0.30% of its annual credit sales of $896,000. Chan records it
Neporo4naja [7]

Answer:

Explanation:

Dec 31:

Debit Bad debts expense = 0.003 × $896000 = $2688

Credit Allowance for doubtful accounts = $2688

February 1:

Debit Allowance for doubtful accounts $448

Credit Accounts receivable—P. Park $448

June 5:

Debit Accounts receivable—P. Park $448

Credit Allowance for doubtful accounts $448

June 5:

Debit Cash $448

Credit Accounts receivable—P. Park $448

5 0
2 years ago
What Are the Differences Between Depository and Non-Depository Institutions? The financial services industry in the United State
Burka [1]

Answer:

1. Accept deposits;make loan;deposits.

2. Commercial banks, savings banks, savings and loan associations (thrifts), and credit unions.

Explanation:

Depository institutions are required to accept deposits and make loans although the general terms used to describe these financial products may vary across the various types of institutions. Non-depository institutions, in contrast, accept cash contributions from their customers, but the cash inflows are not called deposits instead, they're called shares or premiums.

Depository institutions include commercial banks, savings banks, savings and loan associations (thrifts), and credit unions.

Non-depository financial institutions include mortgage banks, pension funds, insurance companies, mutual fund, securities firms etc.

3 0
3 years ago
Why are amazon stocks down today?
Artemon [7]

Answer:

.

Explanation:...

.

3 0
2 years ago
Suppose there is a fiscal contraction. Which of the following is a complete list of the variables that must decrease? A) consump
Neko [114]

Answer:

C) consumption and output

Explanation:

A fiscal contraction refers to decreasing a government's deficit. A government has a deficit when it spends more than the revenue it gets from taxes. Therefore if the government wants to reduce its deficit, it will decrease public expenditure and/or increase taxes. Any of those actions will also lead to a decrease in public consumption and total economic output.

5 0
2 years ago
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