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igor_vitrenko [27]
4 years ago
9

How can businesses addressing unemployment?

Business
1 answer:
vfiekz [6]4 years ago
8 0
Small businesses are actually the major engine of the economy, especially now that much of our manufacturing jobs have moved overseas, so they play a crucial role in employment.
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g Price changes from year to year are not proportional, and consumers respond to these changes by altering their spending patter
Tpy6a [65]

Answer:

d. substitution bias.

Explanation:

Price changes from year to year are not proportional, and consumers respond to these changes by altering their spending patterns. The problem this creates for inflation calculations is called substitution bias.

A problem with the Consumer Price Index (CPI) arises from the singular fact that, when the price level of a product becomes relatively less expensive or lower, consumers tend to buy more quantity of the product and consequently, a lesser quantity of goods that are relatively more expensive.

Hence, their spending pattern changes with respect to the prices but it's not completely adjusted with the Consumer Price Index (CPI), thus, making the inflation rate to differ because of the problem of substitution bias.

6 0
4 years ago
Travis Company purchased merchandise on account from a supplier for $10,000, terms 2/10, net 30. Travis Company paid for the mer
jeyben [28]

Answer:

a. Dr Inventory $10,000

Cr Accounts payable $10,000

b. Dr Accounts payable $10,000

Cr Cash $9,800

Cr Inventory $200

Explanation:

Preparation of the Journal entries Under a perpetual inventory system,

a. Dr Inventory $10,000

Cr Accounts payable $10,000

( To record purchase of merchandise)

b. Dr Accounts payable $10,000

Cr Cash $9,800

($10,000-$200)

Cr Inventory $200

(2%*$10,000)

( To record payment for merchandise)

Discount amount = Amount due x Discount percentage

Discount amount= 10,000 x 2/10

Discount amount= $200

3 0
3 years ago
Which 2 statements are correct regarding reconciling a bank account in QuickBooks Online
tiny-mole [99]
I need more information to properly answer this question.
5 0
3 years ago
If a developing country wishes to attract mass tourism it must:
Blababa [14]

The correct answer is to provide numerous facilities based on the western standards of living. When a continuous developing country wishes to attract mass tourism, providing different facilities according to western standards boosts the chances of attracting more tourists, since tourists are easily attracted by western culture, because of their western setup or living.

4 0
3 years ago
sammy worked 40 hours per week as a stock person and earned a gross income of $370,what is his hourly wage
jarptica [38.1K]

Answer:

$9.25

Explanation:

Hourly wage will be the number of hours worked divide by total earnings.

Gross pay = $370

hours worked 40 hours

per hour = $370/40

             =$9.25

4 0
3 years ago
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