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vredina [299]
3 years ago
13

What are some of the benefits of establishing a minimum wage?

Business
2 answers:
lapo4ka [179]3 years ago
7 0

it can help certain families

it serves as an employment incentive

it is a common reference with hiring in other jobs

it can also be helpful depending on the type of market

Alinara [238K]3 years ago
4 0

Answer:

When a minimum wage is set, workers who have jobs earn more money.

Explanation:

PLATO ANSWER!

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If a store adds 50 chairs to its current inventory, the total number of chairs will be the same as three-halves the current inve
max2010maxim [7]
To answer this item, we let x be the current number of chairs. After adding 50 chairs to the current inventory, the total number of chairs would then be equal to x + 50. The equation that would allow us to determine the value of x is written below.

     x + 50 = (3/2)(x)

Simplifying the equation,
   x + 50 = 3x/2
  x - 3x/2 = -50
   -x/2 = -50

Dividing both sides of the equation by -1/2, the value of x is equal to 100. 

To increase the inventory by 40%, the equation would be,
    y = x(1.4) = 1.4(100) = 140

<em>ANSWER: 140 chairs</em>
8 0
3 years ago
Fitch Ratings a credit rating agency, recently downgraded Vermont's debt rating from AAA to AA, citing the state's economy and c
Natalija [7]

Answer:

a. Increase the direct costs of the state's debt.

Explanation:

When a bond's rating is downgraded is a signal to the investors that investing in the bond now is riskier than it was prior to the rating downgrade, hence, a perceived higher risk using the risk/return relationship means that the bond issue would have to offer a higher return to entice the investors to invest in the bonds.

As a result, the higher required rate of return translates into a higher direct cost of the state's debt since their interest rate offered has increased

5 0
2 years ago
Over the last century, U.S. real GDP per person grew at a rate of about...
Law Incorporation [45]
I think it is c I’m not sure
3 0
3 years ago
The fed can increase the federal funds rate by
Stella [2.4K]

The answer is selling Treasury bills, which decreases bank reserves. The government securities that are used in open market processes are Treasury bills, notes or bonds. If the FOMC needs to grow the money supply in the economy it will acquire securities. On the other hand, if the FOMC wants to decrease the money supply, it will vend its securities.

5 0
3 years ago
Balance sheets usually classify assets into at least two major categories: current assets and
astraxan [27]

Answer:

False

Explanation:

Balance sheets relate to balance and expenditure over a period.

6 0
3 years ago
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