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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.

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One significant component of ____ can be the investment a seller makes in equipment or in the hiring of skilled employees to sup
ryzh [129]

Answer:

B. Transaction cost

Explanation:

Transaction costs speak to the work required to put up a good or service for sale to the public, offering ascend to whole businesses committed to encouraging trades.

8 0
3 years ago
Select all that apply.
Mamont248 [21]
I would say that all four answers are correct. Trade and commerce between civilizations really did help to exchange new ideas, spread languages, share new inventions, and make some people rich.
5 0
2 years ago
Read 2 more answers
Which of the following statements is true?
borishaifa [10]

Answer:

A) The Heckscher-Ohlin model offers a reasonable explanation of the pattern of trade and the gains from trade.

Explanation:

A) The Heckscher-Ohlin model mentions that some countries have capital products and some have labor work products. In that condition some countries might be producing capital products like cars and mobile phones however these countries might have less labor work products like agricultural products so that they can not produce enough food. In that sense there is a trade that occurs between two countries one having a capital like a car and others having a high food production so the trade gets balance thanks to this import and export of products. Basically, each country exports its products that they are leading whether it has capital good or labor work good and imports goods that they are lack of it whether it is capital or labor work products. Well, gains from trade happens thanks to this exchange.

B) No, the Heckscher-Ohlin model offers a pattern of trade between two countries according to capital goods and labor work products.

C) No, the Heckscher-Ohlin model explains the gain. Possible to gain from your goods. If a country produces capital good then gains from that or produce labor work good then gains from it by export to other countries that they have lack of that good.

D) The Ricardian trade model focuses only on labor work goods but Heckscher-Ohlin states that trade based on labor work goods and capital goods.

5 0
3 years ago
Plumlee Corporation has the following account balances at December 31, 2017.
NISA [10]

Answer and Explanation:

Please find answer and explanation attached

6 0
2 years ago
Opponents of prohibition argued that doing this governmental regulations was contrary to basic constitutional values and consume
Lera25 [3.4K]

The opponents of prohibition argued that doing the Moralizing governmental regulations was contrary to basic constitutional values and consumer freedoms.

<h3>What is the Moralizing regulation?</h3>

Basically, the term "Moralizing" means the action of commenting on issues of right and wrong, such as with an unfounded air of superiority or having an overly critical point of view on issues of right and wrong.

From the moral values, the government regulation can emphasizes respect for rules and ethical considerations as the rules are the supreme guarantor of morality, ethics, and justice.

However, the opponents of prohibition argued that doing the Moralizing governmental regulations was contrary to basic constitutional values and consumer freedoms.

Because the government rules are the supreme guarantor of morality, ethics, and justice, then, the government should grant scheduled importance to the law along the way of earning decisions.

Read more about Moralizing

brainly.com/question/26282247

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4 0
2 years ago
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