Answer:
Option B.
No, a binding price ceiling benefits only some buyers because not all are able to obtain the goods in the legal market.
Explanation:
A binding price ceiling occurs when the government sets a required price on a good or goods at a price below equilibrium. Since the government requires that prices not rise above the price, that price binds the market for that good. Because the government keeps the price artificially low, businesses will not produce enough of those goods to satisfy the market.
This results in an insufficient supply of those goods, creating a shortage in those goods, and with a shortage of goods, only some of the buyers will be able to obtain the goods in the legal market.
Therefore, the option that best suits the question is option, B. Not all buyers benefit from a binding price ceiling. A BINDING PRICE CEILING BENEFITS ONLY SOME BUYERS BECAUSE NOT ALL ARE ABLE TO OBTAIN THE GOOD IN THE LEGAL MARKET.
Answer:
B. A dynamic and complex environment
Explanation:
Answer:
The amount of impairment loss that should be recognized is $20,000,000
Explanation:
In order to calculate the amount of impairment loss that should be recognized we would have to make the following calculation:
amount of impairment loss=Carrying value - Fair value
Carrying value=$100,000,000
Fair Value=$80,000,000
Therefore, amount of impairment loss=$100,000,000-$80,000,000
amount of impairment loss= $20,00,000
The amount of impairment loss that should be recognized is $20,000,000
The people that is part of the labor force is option D: an auto mechanic
The best example of frictional unemployment is option D: a company moving to another state, leaving its workforce without jobs
The ways that the economy is affected when the unemployment rate goes up are option B and C:
- Sales tax rates go down.
- Less money is spent on investments.
The most likely result of incomes not rising as quickly as inflation is option B: The unemployment rate rises as more people look for jobs.
The way the standard of living in the United States generally changed over the past 100 years is option B: It has gotten much better.
<h3>What do the terms "labor force" and "work force" mean?</h3>
The labor force is the whole population that is actively seeking employment. It is measured in terms of the number of days and is independent of wage rates. The workforce is the total number of people who are really employed.
Short-term unemployment includes frictional unemployment. When someone actively seeks a job or a new career, they are said to be in a frictional state of unemployment. Unemployment that is only intermittent isn't always a terrible thing. In fact, since it's voluntary, frictional unemployment may be a sign of a strong economy.
Hence, the term "workforce" or "labor force" refers to the group of people who are either employed or unemployed and an auto mechanic is a good example of it.
Learn more about labor force from
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Answer:
Recall cognition
Explanation:
Recall in recollection relates to the cognitive process of remembering data from memory.its 1 of the 3 core memory processes along with storage and encoding.
