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jek_recluse [69]
4 years ago
7

The labor demand curve is downward sloping because as the real wage ________ the amount of labor hired ________.

Business
1 answer:
Alex Ar [27]4 years ago
5 0
As the real wage Increases, the amount of labor hired decreases. 
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High end and low end versions of the same items to capture more of the market.

Tiffany's sells high-end fine jewelry at higher prices. Walmart also offers nice jewelry at much lower prices.

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3 years ago
The law that says you must submit to a test for the presence of alcohol or drugs is known as the ___________ law.
RoseWind [281]
The answer you are looking for is IMPLIED CONSENT.
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3 years ago
Justin is the grantor of an ILIT. When he dies, his estate needs cash for funeral costs, final medical expenses, death taxes, et
slavikrds [6]

Answer:1 the answer is d, 2. The answer is d, 3.The answer is C, 4. The answer is d, 5. When the policy holder does not dies within the years in which the policy was taken

Explanation:

1.Trust is a group of people which has the authority to manage a asset of the owner of the asset after the death of the owner of such asset. The trustee take over the management of the asset that is the properties of the owner after the death of the owner.

2.The major type of insurance are motor vehicle insurance, fidelity guarantee insurance, fire insurance, burglary theft or robbery insurance, Accident insurance, life insurance such as joint life insurance, whole life insurance,term insurance, Annuity insurance, indexed universal life insurance.

3.Annuity insurance : This is the insurance policy in which the insured pays a lump sum of money in form of premium to the insurance company which matures at the retirement of the insured .the insurance company makes regular payment of income to the policy holder on his retirement for a specified period or for the rest of his life depending on the agreement reached and the lump sum paid by the insured.

4.The joint life insurance is the insurance policy which can be jointly taken by two people, the insurance company pays a lump sum to the person who has not died out of the two people that take the policy if the first person out of the two person that takes the policy dies within the period in which the policy was taken with the insurance company.

5. Incident of ownership is the right given by the insurance company to the insured to change the beneficiary listed by the insured on the life insurance policy taken by the insured with the insurance company. The insured can exercise his right under this measures to change the names of the beneficiaries who will receive the benefits after the death of the insured.

6 0
4 years ago
Kristen's financial advisor has given her a list of potential investments and has asked her to select and rank her favorite. in
cestrela7 [59]

Kristen's monetary marketing consultant has given her a list of potential investments and has requested her to pick and rank her favored in 1680 extraordinary ways Kristen can rank the 4 investments.

Variety of ways that we will select four investments out of 8 investments is the same as C(8, four) = 70 [Without order]

Now those four investments can be organized in 4! = 24 distinct ways

for this reason, total variety of ways = 70×24 = 1680

There are 1680 one-of-a-kind approaches Kristen can rank the four investments.

Potential investments means a capability investment which we're considering making to a Borrower the important thing facts and records on which can be proven on each Lender's Dashboard and on which each Lender may additionally post a Bid. Payback length is the simplest approach to evaluating an investment. It measures the period of time funding takes to pay for itself by dividing the cost of the funding by the yearly cash flows generated by means of the funding.

investment definition is an asset acquired or invested in to build wealth and keep money from the difficult earned profits or appreciation. investment which means broadly speaking to gain an extra supply of earnings or gain benefit from the investment over a selected period of time.

Learn more about Potential investments here: brainly.com/question/11514232

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6 0
2 years ago
Suppose the civilian non-institutionalized working age population is 35.9 million in Laborland.
DanielleElmas [232]

Answer: a. 24.05 million

b. 66.99%

c. 4.62 million

d. 19.21%

Explanation:

a. Total Labor force is the sum total of people who are employed and those who are actively looking for work. The Bureau of Labor Statistics defines actively looking for work as looking for work int he past 4 weeks.

= Part-time workers + full time workers + those who looked for work in the past 2 weeks + those who looked for work in the past 2 - 4 weeks

= 4.9 million + 14.53 million + 2.90 million + 1.72 million

= 24.05 million

b. labor force participation rate is the percentage of a country's non-institutionalized working age population that are actively looking for work. Its formula = \frac{total labor force}{non-institutionalized working age population} X 100

Laborland's labor force participation rate (%) = \frac{24.05 million }{35.9 million }X 100

= 66.99%

c. Unemployed  People by the standards of the Bureau of Labor Statistics are the people who have looked for work in the past 4 weeks and are still employed. That is  those who looked for work in the past 2 weeks + those who looked for work in the past 2 - 4 weeks.

= 2.90 million + 1.72 million

= 4.62 million

d. Unemployment rate is the percentage of the labor force that are actively looking for work and are still out of work.

Unemployment rate = \frac{unemployed}{labor force} x 100

= \frac{4.62 million}{ 24.05 million} x 100

=19.21%

8 0
3 years ago
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