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2 years ago

Which of the following reasons does not contribute to a higher level of unemployment?

1 answer:

7 0

Hi there!

The answer is A) A lack of labor mobility as people choose to remain in their hometown.

Unemployment is a complex issue, here are the reasons why the other options increase unemployment:

-Reduction in Union bargaining activities would increase unemployment because employers wouldn't have as many restrictions to reduce their workforce.

-Reduction in economic activity due to a recession would increase unemployment as the demand for products, and for workers too, will decrease.

-The existence of efficiency wages causes unemployment because the demand for labor will decrease, as employees get more and more efficient.

A lack of labor mobility as people choose to remain in their hometown will not contribute to a higher level of unemployment. Instead, labor mobility can increase unemployment because there would be an oversupply of labor in a specific region.

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Mountain water corp. issued common stock of $28,000 to pay off long-term notes payable of $28,000. in what section(s) would

navik [9.2K]

These transactions would be recorded in the non-cash investing and financing activities. Since this that does not directly affect the cash on hand, instead, the issuance of common stock to retire long-term debt is done.

7 0

2 years ago

Which of the examples provides the best evidence that inflation has occurred? A person whose salary has decreased is able to pur

vladimir2022 [97]

Answer:

A person whose salary has increased is able to purchase fewer goods and services.

Explanation:

Inflation is characterized by an increase in the prices of goods and services along with a reduction in the purchasing power.

Real income of an individual refers to the income which has been adjusted for the effects of inflation. Whereas, Nominal income refers to the income which is before any such adjustment for inflation.

In the given case, the nominal income has increased i.e if we ignore inflation. But while considering inflation, the real income of the individual has reduced evidenced by the fact that the purchasing power has reduced.

7 0

2 years ago

Navistar Electric issued 1000 debenture bonds 2 years ago with a face value of $5,000 each and a bond interest rate of 15% per y

Natasha2012 [34]

Answer:

$7,081.25

Explanation:

Face value = 5000

Coupon = 15% paid annually. Semi annual payment = 750/2 = 375

Time to maturity = 18 years

Interest rate = 10% compounded semi-annually

P = 375(P|A, 5%, 36) + 5000(P|F, 5%, 36)

P = 375(16.58131488) + 5000(0.17265193)

P = 6217.99308 + 863.25965

P = 7081.25273

P = $7,081.25

So, the present worth of one bond today is $7,081.25

4 0

2 years ago

Colaw Co. pays all salaried employees on a biweekly basis. Overtime pay, however, is paid in the next biweekly period. Colaw acc

fgiga [73]

Answer:

salaries expense 81,000 debit

salaries payable 81,000 credit

Explanation:

the recurrring salaries for a biwweekly salaries is 270,000

In two weaks assuming five-day work week, there is 10 days.

so we divide to get the expected wages per day the recurring salaries by the amount of days of that period:

270,000 / 10 = 27,000 per day

Then, we multiply by the 3 days from the current period:

27,000 x 3 = 81,000

this will be the accrued expenses for the period

5 0

2 years ago

Mike is walking through a parking lot and finds Kathy lying unconscious. He puts her in his car and takes her to the hospital. T

slava [35]

Answer:

The answer to this question is c. Kathy has to pay based on a quasi contract.

Explanation:

Based on the scenario displayed above Kathy has to pay based on a quasi contract.

A Quasi contract is a contract that is created by a court order, not by an agreement made by the parties to the contract. For example, quasi contracts are created by the court when no official agreement exists between the parties, in disputes over payments for goods or services

In this case there has not been an official agreement between Kathy and the hospital, However she has to pay the bill presented to her based on Quasi contract which is created to prevent an individual to be unjustly enriched or from benefiting from the situation when he/she does not deserve to do so.

Hence the answer is c. Kathy has to pay based on a quasi contract.

5 0

2 years ago