Productivity increases when

Why is investing in a mutual fund less risky than investing in a particular company’s stock?

MrRissso [65]

A mutual funds only invest in blue-chip stocks

8 0

3 years ago

"Falling oil prices have caused a sharp decrease in the supply of oil." Speaking precisely, and using terms as they are defined

Anna35 [415]

Answer:

The answer is: D) The quotation is incorrect: A decrease in price causes a decrease in quantity supplied, not a decrease in supply.

Explanation:

A decrease in the price of a product or service will always decrease the quantity supplied and increase the quantity demanded of the product. The terms supply and demand apply to the entire curve, not an specific point in them.

For example, the equilibrium point for milk is 5 million gallons sold at $3 each. If the government suddenly decides that it will place a price ceiling for milk at $2 per gallon (may use argument that it is a necessity good essential for the well being of children) the quantity demanded for milk will rise but the quantity supplied will fall.

That is because not every dairy business will be able to produce and sell milk at $2 and still make a profit (or meet their expected profit levels), so they will either lower their milk production (make substitute products) or go out of business.

5 0

3 years ago

Rent control is an example of a _____________________. it sets the price of rent __________________ the equilibrium price and re

Shtirlitz [24]

Rent control is an example of a "price ceiling", it sets the price of rent "below" the equilibrium price and results in a "shortage" of apartments.

Answer is "D".

Rent control is a type of value control that confines the sum a property proprietor can charge for leasing a home or other land. Rent control goes about as a price ceiling by keeping rents either from being charged over a specific level or from expanding at a rate higher than a predetermined percentage.

8 0

3 years ago

1. Assume that Lyn Addie is an unmarried employee. Her $1,000 of wages have deductions for FICA Social Security taxes, FICA Medi

fredd [130]

Answer:

Net pay $764.5

Explanation:

given data

wages = $1000

income taxes = $159

solution

particular net pay

Gross wages $1000

less

Income taxes withheld $159

FICA-social security (1000×6.2%) = $62

FICA-Medicare taxes (1000×1.45%) = $14.5

Total taxes withheld (235.5)

So, Net Pay $764.5

5 0

2 years ago

During 20--, Rachael Parkins, president of Mathieson Company, was paid a semimonthly salary of $7,700. Compute the amount of FIC

r-ruslan [8.4K]

Answer:

Total FICA tax is $ 9792+ $ 823.60= $ 10,615.6

Explanation:

The FICA tax is 7.65% for employees wages upto 128,000 and 1.45 % in excess of $ 128,000

Suppose the FICA tax rate is 7.65 % and her monthly salary is $ 7,700*2= $15,400

Her yearly salary is $15,400* 12= $ 184,800 which is above $ 128,000

So the Fica Tax would be = 128,000 * 7.65%= $ 9792

And 1.45 % 0f (184,800- 128,00)$ 56,800= $ 823.60

Total FICA tax is $ 9792+ $ 823.60= $ 10,615.6

6 0

3 years ago