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3 years ago

Do you think that a price floor such as a minimum wage will result in a surplus of labor and hence unemployment?

1 answer:

7 0

<span>when the price floor of minimum wage is increased ,there will be lot of people to work for the current wages. now there will be a surplus of workers and less work compared to the workers. this will led to unemployment once again.</span>

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A _____ is a report based on research of compensation rates for workers performing similar jobs in other organizations.

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A Pay-Survey is a report based on research of compensation rates for workers performing similar jobs in other organisations.

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2 years ago

According to liquidity preference theory, the money-supply curve would shift rightward a. if the Federal Reserve chose to increa

Dmitrij [34]

According to liquidity preference theory, there is a rightward shift in the money supply curve when the federal reserve decides to raise the money supply.

Option A is the correct answer.

<h3>What is a federal reserve?</h3>

The federal reserve is the central banking authority in America which was established in the year 1913 under the Federal Reserve Act.

When the federal reserves increase the money supply then the money supply curve moves in the right direction and when the federal reserve decreases the money supply then the money supply moves toward the left. This shows a direct relationship between the federal reserve and the money supply curve.

Therefore, there is a rise in money supply by the Federal reserve causing the money supply curve to shift in the right direction.

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2 years ago

A bank has stock shares of $100,000, property assets of $90,000, and cash of $10,000. If households and businesses decide to dep

Llana [10]

The answer is stock shares = $100,000, property assets = $90,000, cash = $60,000, and loans & advences = $50,000

Given,

stock shares = $100,000,

property assets = $90,000,

and cash = $10,000.

households and businesses decide to deposit $50,000 in the bank as checkable deposits.

The balance sheet is a statement of the assets, liabilities, and capital of a business or other organization at a particular point in time.

It also details the balance of income and expenditure over the preceding period.

Therefore when households and businesses decide to deposit $50,000 in the bank as checkable deposits, it will be shown in balance sheet as:

Cash = Previous balance + checkable deposits

= 10,000 + 50,000

= $60,000

Loans & advances : checkable deposits = $50,000

Hence, the balance sheet will be stock shares = $100,000, property assets = $90,000, cash = $60,000, and loans & advences = $50,000.

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2 years ago

Franchise<br> Is what type of organization

DENIUS [597]

Answer:

Franchising is based on a marketing concept which can be adopted by an organization as a strategy for business expansion. Where implemented, a franchisor licenses its know-how, procedures, intellectual property, use of its business model, brand, and rights to sell its branded products and services to a franchisee.

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3 years ago

Read 2 more answers

We can show economic inefficiency: A. with points on the production possibilities frontier. B. with points inside and on the p

Deffense [45]

Answer:

The correct answer is option C.

Explanation:

The points on the production possibility curve show the efficient utilization of resources. The points below the curve show attainable but inefficient bundles. This is because the points below the curve imply that resources are not fully utilized and there are still some excessive resources left.

The points above the curve show those bundles that are unattainable. This is because these bundles need more resources to be achieved.

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3 years ago