1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
shepuryov [24]
2 years ago
12

Suppose an economy has a law that requires all wages to be adjusted quarterly to reflect changes in the general price level. Thi

s means wages either increase or decrease depending on the percent change in the general price level. In this economy:_________
Business
1 answer:
8_murik_8 [283]2 years ago
8 0

Answer:

economic (or business) cycles are less severe.

Explanation:

If the wages follow the general price level, it means that they will follow the inflation rate. When the economy is strong and inflation might rise, then the wages should increase accordingly. When the economy is starting to enter a recession then the inflation rate will reduce, so wages will not increase as much (if any increase at all).

This type of economic policy favors expansion cycles since private consumption is the main component of the GDP and also helps when the economy enters a recession because the wages will follow inflation rate which will help make the recession less severe and hopefully shorter.

One basic concept for this to work is that inflation is always a positive number, countries rarely (if ever) go through deflation processes.

You might be interested in
If price is less than the average variable cost of a representative firm in a competitive industry in short-run:_________
IceJOKER [234]

Answer:

I think the answer is "D"

Explanation:

hope it helps :)

3 0
2 years ago
What are the primary assets of credit unions​?
Feliz [49]

Answer:

The correct answer is B.

Explanation:

Savings and credit cooperatives or, simply, credit cooperatives are cooperative societies whose corporate purpose is to serve the financial needs of their members and third parties through the exercise of the activities of credit institutions.

Savings and credit cooperatives are also known for their acronym in English, SACCO: Savings and Credit Cooperative.

These cooperatives are usually local and seem to be more suited to rural areas. Above all they have access to external funds and they are properly managed. And although there is a World Council of Credit Unions (WOCCU) there are few local or rural cooperatives associated with it.

5 0
3 years ago
Recher Corporation uses part Q89 in one of its products. The company's Accounting Department reports the following costs of prod
luda_lava [24]
Yes, basically I have no Idea what you talking about. I heard that if you answer questions you can ask more. thanks.
6 0
2 years ago
Companies A and B each have the same level of total assets, the same tax rate, and the same earnings before interest and taxes (
anygoal [31]

Answer:

a.Company A has a lower return on assets (ROA).

c.Company A has a lower times interest earned (TIE) ratio.

That is options a and c

Explanation:

For company A to have high debt ratio means it has a higher debt which will reduce earnings. Company A's earnings will be less than Company B's.

ROA= Net income/Total assets

Since Company A's income is less than Company B's ROA for Company A will be less than that for Company B.

TIE = Earnings before Interest and Tax/Interest

Due to higher debt of company A it's interest will be higher resulting in low TIE.

5 0
3 years ago
You are the general contractor for a high-end, private residence construction job. You manage toams of subcontractors who work o
Alex17521 [72]
:3 hello project this is every confusion I do know
4 0
3 years ago
Other questions:
  • Jacks Corporation purchases $200,000 bonds plus accrued interest for 2 months of $2,000 from Kennedy Company on March 1. The bon
    5·1 answer
  • If consumption expenditures are $500 million, net investment is $100 million, depreciation equals $5 million, imports are $50 mi
    8·1 answer
  • Name some goods and services that are provided by the government.
    9·1 answer
  • When an MNC needs to finance a portion of a foreign project within the foreign country, the best method to account for a foreign
    10·1 answer
  • Devon Harris Company sells 10% bonds having a maturity value of $2,000,000 for $1, 855, 816. The bonds are dated January 1, 2017
    9·1 answer
  • Jesse launched a cheaper variant of her high-performing dishwashing liquid, anticipating similar success. Which strategy has Jes
    12·1 answer
  • Recall that an exchange rate is the price of one currency in another. For example, it may take US $1.35 to buy 1 British Pound.
    8·1 answer
  • Which of the following explanations argues that the Great Recession resulted from asset-price bubbles caused by euphoria and deb
    5·1 answer
  • Babak owns a sports practice facility called Boston Batting Cages in Boston, Massachusetts. During the first year of operation,
    12·1 answer
  • if, after reflecting on the nature of leadership you decide that all leaders must treat their followers with respect, then you h
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!