deflation occurs when inflation rate is less than zero percent
This is an example of ''An implicit or social contract not to cut wages''
What this means is that if the company wanted, it could have freely cut the wages of their workers.
However, there is an 'unwritten contract' or a gesture of the company towards it's workers, which helps to develop trust and improve morale
Answer: te correct answer is B) Cultural pollution
Explanation:
Cultural pollution is a defilement of culture and it is when too much mass of art, language, clothing, media and products whose existence is really meaningless is represented in society. Cultural pollution can be enjoyed in earnest by uncritical people, and ironically by the jaded and educated.
Answer: Short run decision
Explanation: In economics, the time period of a business organization in which one factor of production is fixed while the others are variable is called short run decisions.
In short run period, if the firm wants to increase its output potentially it can do so by increasing the variable factors amount.
As in the given case, Boeing is increasing its jetliners by increasing the time period, that is a variable factor.
Hence we can conclude that it is a short run decision.
Answer:
A: Increase Cash $6,000 and increase Unearned Service Revenue $6,000
Explanation:
As the customer is performing the payment in advance, it will generate an obligation to the business to do the wedding gowns. This will not be a revenue; it will be liability for the business until the job is done. While the job is incomplete and undelivered, it will represent unearned service revenue.