<span>The Fair Debt Collection Practices Act</span>
Price ceiling and price floor are two types of price
controls. Price ceiling is the allowable highest price for a particular food or
service while price floor is the allowable lowest price. The government
determines the price for goods and services using either of the two price
controls only when it is not satisfied with the market price failure.
One short term benefit of price ceiling is imposing inexpensive
goods or services especially to low-income workers while for price floor is determining
a minimum value for wage to ensure minimum standard status of living. Thus,
price floor is more applicable in the labor market because it creates a
standardized minimum wage to protect workers’ rights. It is important to
consider such action to improve the financial status of the workers as well.
The longterm disadvantage of price ceiling is it results to
high demand and minimal supply which will lead to huge shortage, whereas for
price floor is increasing unemployment rate to offset expensive cost of labor
and benefits of employees.
For more detailed discussion of the answer, you can refer to the attached file.
Advertising is money spent by companies to sell goods and services.
Answer:
D
Explanation:
Monetary policy in the United States comprises the Federal Reserve's actions and communications to promote maximum employment, stable prices, and moderate long-term interest rates--the three economic goals the Congress has instructed the Federal Reserve to pursue.
Answer:
Assuming a range of interest rates 0%, 5%, 10%, 15%, 20%, 25%
The below listed are the Net present Values
Project A
1,175
1292
1382
1451
1505
1549
Project B
760
261
-100
-387
-602
-769
Project C
1,110
494
52
-274
-519
-708
The Net Present Value of a project is the evaluation of a project Net Cash flows based on time value of money and bench-marked against the required rate of return the business considers minimum.
The attached document shows the detailed answer for your review
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