3 years ago

What are the short-run economic effects when u.s. firms substitute labor outside of the u.s. for labor inside the u.s.?

1 answer:

4 0

<span>There will be a rise in employment and drop in the unemployment rate. It will be ideal for the US economy as the economy is driven on consumerism. More people with jobs means more spending. This will improve the GDP forecast and overall strengthen the broader economy.</span>

You might be interested in

Jana completed an informational interview with a preschool teacher in her area. She wants to write a thank-you letter. What shou

trasher [3.6K]

I honestly think it’s D because to be hired you need to have a résumé. Please tell me if I’m right. Have a great day.

4 0

3 years ago

What is a C corporation?

Tanya [424]

Answer:(:

Explanation:

A C corporation, under United States federal income tax law, is any corporation that is taxed separately from its owners.

8 0

3 years ago

A firm currently produces 1000 units of output and has total costs of $15,000 and fixed cost of $3,000. What is the firm’s avera

denpristay [2]

Explanation:

Explanation: The formula is ATC = AFC + AVC. Use this formula. It will be useful for you

5 0

3 years ago

Walden’s family is shopping for a reclining chair. The chair the family decided on has a retail price of $800 plus 5% sales tax

IceJOKER [234]

Just by looking at the answer you can take out D because C already offers no tax and 5% off, do C is better than D, so we only have to do t math for A, B, and CA is 800 plus tax, with $75 back800×1.05 (because it's 5% tax) -75 =$765B is 800×.90 (because 10% off means he's paying 90%)×.05=$756C is 800×.95 (because 5% off means he's paying 95%) =760A=765B=756C=760So B is the best deal

6 0

3 years ago

Read 2 more answers

Relevant Cash Flows Kenny, Inc., is looking at setting up a new manufacturing plant in South Park. The company bought some land

Marta_Voda [28]

Answer: $38,410,000

Explanation:

When recording investments in fixed assets, it is best to use the market value at the time.

The market value of the land will therefore be the relevant cost here.

Initial investment in fixed assets = Market value of land + Cost to build plant + Cost of grading

= 7,700,000 + 29,300,000 + 1,410,000

= $38,410,000

8 0

3 years ago