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4 years ago

How does rising wages cause inflation?

Business

1 answer:

svet-max [94.6K]4 years ago

7 0

Answer:

Wage push inflation has an inflationary spiral effect that occurs when wages are increased and businesses must — to pay the higher wages — charge more for their products and/or services. Additionally, any wage increase that occurs will increase the money supply of consumers

Explanation:

I used Google sorry

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Which pathways are part of the Human Services career cluster? Select all that apply.

beks73 [17]

Answer:

consumer services

counseling and mental health services

early childhood development and services

family and community services

personal care services.

Explanation:

The Human Services Career Cluster are simply skills that prepares one to take on jobs that cater for human and family needs. This job could either be as a social worker, pedicurist, etc, as human needs will be addressed.

The pathways which are part of the Human Services career cluster include consumer services

counseling and mental health services

early childhood development and services

family and community services

personal care services.

3 0

3 years ago

Read 2 more answers

If a check correctly written and paid by the bank for $749 is incorrectly recorded in the company's books for $794, how should t

sertanlavr [38]

Answer:

To treat this in the bank reconciliation, the difference of $45 is deducted from the balance per bank.

Explanation:

Based on the information given;

The amount recorded (as a deduction) in the books was in excess of $45 being the difference between the actual amount $749 and the erroneous amount recorded $794.

As such, to reconcile the bank statement balance to the balance in the books, the difference $45 is deducted from the balance per bank.

However, in the computation of the book balance the excess amount $45 is added to the book balance to correct the error.

3 0

4 years ago

James, Keller, and Rivers have the following capital balances; $48,000, $70,000 and $90,000 respectively. Because of a cash shor

Vilka [71]

Answer:

Capital balances of each partners

James Keller River

opening balance $48,000 $70,000 $90,000

Additional Capital 12,000

Salary 13,000 15,000 20,000

Interest on capital 4,400 5,600 7200

Drawings (12,000) (12,000) (12,000)

share of loss (7040) (10560) (17600)

closing balance 58,360 68,040 87,600

Explanation:

1. Interest on capital is based on weighted average capital balance without regard to normal drawings

James =( 8% * 48,000) + ( 8%* 12,000 * 7/12) = $4,400

on the additional capital invested by James, interest on capital will be calculated for 7months

Keller = 8% * 70,000 = $5,600

River = 8% * 90,000 = 7200

Appropriation

Net income $30,000

Interest on capital(4400 + 5600+7200) 17,200

salary (13,000+15000+20000) 48,000 (65,200)

share of loss : James 7,040

keller 10,560

River 17600 35,200

7 0

3 years ago

New real estate disclosure regulations require sellers and their agents to tell prospective buyers about any existing problems w

Dima020 [189]

Answer: (C) Withholding information

Explanation:

The withholding information is one of the type of holding information in which we easily hold the various types of data or information deliberately in order to showing more power as compared to others.

According to the question, the agent of the real estate are withholding the data or information from the buyers and the various types of new regulations are addressing to the specific withholding information ethical problem in the market.

Therefore, Option (C) is correct.

6 0

3 years ago

Read 2 more answers

A company purchased factory equipment on June 1, 2021, for $160,000. It is estimated that the equipment will have a $10,000 salv

likoan [24]

Answer:

$8,750

Explanation:

The computation of the depreciation expense under the straight-line method is shown below:

= (Original cost - salvage value) ÷ (useful life)

= ($160,000 - $10,000) ÷ (10 years)

= ($150,000) ÷ (10 years)

= $15,000

In this method, the depreciation is same for all the remaining useful life\

Now for the 7 months, the depreciation expense would be

= $15,000 × 7 months÷ 12 months

= $8,750

The 7 months is computed from July 1 to December 31

7 0

4 years ago