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jasenka [17]
3 years ago
15

Which is the best example of the seniority rule?​

Business
2 answers:
melomori [17]3 years ago
5 0

Answer:

An example of the seniority rule can be sighted in the US congress where congress members with higher number of serving years are allowed to choose their offices and committee assignments before the other members

Explanation:

Seniority rule is a rule made on the basis of length of service of an individual in an organization or Government agencies or in any Government body / Arm of Government, it has its demerits of disregard for hard work because it focuses mainly on just length of service.

Sphinxa [80]3 years ago
4 0

Seniority is being older or more experienced than someone else. An example of the seniority rule would be a 4 year senator being appointed to a committee over a newly elected senator.

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Answer: None of the above

Explanation:

All of the above are correct.

For option A, Economists who advocate discretionary monetary policy do indeed believe that the monetary authority using this policy is more flexible to shape the best monetary policy to the existing circumstances.

Option B is also correct because Crowding out occurs when the government increases investment by borrowing which leaves less money for the private sector to borrow so they spend less. The government spent money here yet the private sector did not spend less so it is Zero Crowing out.

Option C by option B's explanation holds true because the entire amount the Government increased by was denied the private sector.

Option D is also true as not all Economists prefer rule-based monetary policy to discretionary monetary policy.

They are all true.

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Define the law of demand in a perfectly competitive market
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One common example of an accrued expense is accrued wages:

Suppose that a firm hires a worker on March 1, for a wage of $1,000 dollars per month, that is due to be paid at the end of the month (March 31). This worker is earning $33 per day. By March 4, the firm should have recorded accrued wages for $132 ($33 x 4 days) even if no payments will be made until March 31.

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