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dimulka [17.4K]
2 years ago
6

Supply a statement that refers to the wage-price spiral process.

Business
2 answers:
Savatey [412]2 years ago
8 0
Wage price spiral process refers to a process in which the rising wages cause prices to be higher and higher prices cause higher wages. Basically that is the meaning of the wage price spiral process. I hope that statement helped you. 
Yanka [14]2 years ago
5 0

a worker receives a raise, which increases costs for the employer.

Gradpiont

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A rock star intentionally sets her ticket prices below what would be necessary to sell out her shows. how might this be justifie
drek231 [11]
<span>the answer to this question is: The revenue sacrificed represents a very small share of the show's revenue
The only way the show can still earn profit by selling cheap tickets is if they're gaining additional revenue from another streatm of income, such as selling merchandise on the concerts, providing beer and snacks, or selling autograph and photos</span>
6 0
2 years ago
Proponents of rational expectations argued that the sacrifice ratio:______.a. could be high because people might adjust their ex
Arte-miy333 [17]

Answer:

b. could be low because people might adjust their expectations quickly if they found anti-inflation policy credible

Explanation:

In the given situation, it is mentioned that the rational expectations proponets said that the sacrified ratio would be lesser as the people wants to adjust their expectations in a fastest way in the case when they found that the anti-inflation policy is credible

Therefore as per the given situation, the option b is correct

3 0
3 years ago
Ten years ago, Cary Company issued $1,500,000 of 7 percent, 10-year bonds at a price of 95. On the maturity date of January 2, a
vampirchik [111]

Answer:

Debit Bonds Payable for $1,500,000

Credit Cash for $1,500,000.

Explanation:

Although this bonds were issued at a discount, but the Discount on Bonds Payable account will have zero balance on the day of maturity because of the entry that has been made on each interest payment date.

Therefore, the necessary journal entry for January 2, 2019 to complete is as follows:

Debit Bonds Payable for $1,500,000

Credit Cash for $1,500,000

This entry will appear as follows:

<u>Date                  Name of Account               DR ($)               CR ($)       </u>

02 Jan '19         Bond payable                1,500,000

                            Cash                                                       1,500,000

<u><em>                          (To record retirement of 10-year bonds at maturity.)    </em></u>

6 0
3 years ago
Broker John is advertising a desirable property that sold months ago to attract buyers. When the buyers ask to see that property
Katyanochek1 [597]

Answer:

Bait-and-switch advertising.

Explanation:

BAIT AND SWITCH ADVERTISING is a type of advertising where a seller of a products or goods deceive a prospective buyer by advertising a product that is desirable in which when the buyer make an effort to purchase the product or ask to see the advertised product the seller will show the prospective buyer available product instead of the advertised product in which the buyer will then find out that the advertised product is unavailable just as in the case of John who advertised a desirable property that was already sold out a months ago in order to attract prospective buyers in which when the advertised product was ask by the buyers he shows the buyer available properties instead which means that this act by Broker John is an example of BAIT AND SWITCH ADVERTISING.

8 0
2 years ago
The Claxton Company manufactures children's toys and also has a division that makes automobile parts. Due to a change in its str
Kryger [21]

Answer:

B. Report it as a discontinued operation.

8 0
3 years ago
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