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olga_2 [115]
3 years ago
11

City councilwoman has proposed amending the living wage law. she suggests reducing the minimum wage to​ $6 per hour. assuming th

at the labor demand and supply curves were to remain in their present​ positions, how many people would be unemployed at a​ $6 minimum​ wage?
Business
1 answer:
ioda3 years ago
6 0
0 thousands of the people would be unemployed at a $6 minimum wage. It is because at a wage of $6 per hour which is the minimum wage per  hour <span>the quantity demanded of workers is higher than the quantity supplied of workers. The quantity demanded of the workers will be high than the quantity supplied of the workers.</span>
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The nationwide company, Nightingale Health Systems, received a tax break from the government when it was faltering and ready to
Cerrena [4.2K]

Answer:

Subsidy

Explanation:

A subsidy is a direct or indirect payment to individuals or firms, usually in the form of a cash payment from the government or a targeted tax cut.

In economic theory, subsidies can be used to offset market failures and externalities in order to achieve greater economic efficiency.

A subsidy typically supports particular sectors of a nation’s economy. It can assist struggling industries by lowering the burdens placed on them, or encourage new developments by providing financial support for the endeavors.

7 0
3 years ago
In December 2015​, General Electric​ (GE) had a book value of equity of $ 97.7 ​billion, 9.6 billion shares​ outstanding, and a
MrRissso [65]

Answer:

The answer is:

A. market capitalization = $313.73billion

B. Market-to-book ration = 3.21

C. Book debt-equity ratio = 2.03

D. Market debt-equity ratio = 0.63

E. Enterprise value = $410.23billion

Explanation:

Please find the detailed calculation from the attached file.

7 0
3 years ago
Money functions as a store of value if it allows you to:
fenix001 [56]

Money is called a store of value because it allows us to:

  • Save
  • Allocate capital
  • Have confidence in money

When money is a store of value, it means that it is capable of being held such that it can increase our wealth and net worth. This is why it can be saved and used as a means of capital.

When money is a store of value, we have confidence in its ability to be used to carry our wealth into the future.

In conclusion, money being a store of value means that we have confidence in it.

<em>Find out more about the </em><em>functions </em><em>of </em><em>money </em><em>at brainly.com/question/3182649. </em>

5 0
2 years ago
The beginning balance on the monthly bank statement for Ike's checking account was $194.58, and the ending balance was $371.93.
wlad13 [49]
The answer is he had 177.35 more in credits then in debits
4 0
3 years ago
Read 2 more answers
"PIOs need to have a complete understanding of the community’s demographics in order to: A. Identify all the news media covering
solniwko [45]

Answer:

D

Explanation:

A public informant officer is also known as a public relations manager or public affairs specialists. They are those who are responsible for preparing information for the media by writing press releases, arranging interviews with news sources, drafting executive speeches and sponsoring events for publicity.

People from different demographics can be targeted using different media channels as not one source will appeal to everyone. For example, the elderly population would frequently read newspapers whereas teenagers are likely to react more to information reached through social media. At the same time, it is important to know the demographics, as not to cause any offense to anyone. For example, those from different ethnicities and race may react differently to certain information. While one person finds it interesting, another person may be aggravated and find offense in it.

4 0
3 years ago
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