Answer:
Debit Accounts Receivable, $225; credit Fees Earned, $225
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<span>Working experience may or may not be a not
a major guideline of the youth employment section of the fair labor standards
act. According to a DOL article, Children from 14 to 18 years old do have time
limits and work range depends on their age and average of their body built.
Still they have rules and regulations to follow.</span>
Answer:
A. Stay the same
Explanation:
We need to compare the rate of price change and the rate of inflation.
Rate of price change = <u> $12 - $10</u> x 100
$10
=2/10 x 100
=0.2 x 100
=20%
inflation rate= <u>CPI year 2- CPI year</u> 1 x 100 %
CPI year 1
=180 -150 x 100
150
=30/150 x 100
=0.2 x 100
=20%
The price change are the inflation rate are the same.The real wages will stay the same
