Answer:
Both employment and the real wage rate would decrease
Explanation:
Given that the capital stock of a nation or country jas a direct impact on such country in terms of savings and investments which directly translates to additional.economic development.
Hence, in this case, when a tremendous flood along the Mississippi River destroys thousands of factories, reducing the nation's capital stock by 5%. What happens to current employment and the real wage rate is that "Both employment and the real wage rate would decrease"
This because there won't be adequate money available to create more employment. And with lease employment opportunities than the available labor, the real wage rate tends to decrease over time.
Answer:
Prepare a detailed business for financial viability study
Answer:
Total contribution margin= $60,000
Explanation:
Giving the following information:
Units sold= 3,000
Selling price per unit= $45
Unitary variable cost= $25
First, we will calculate the unitary contribution margin:
Unitary contribution margin= 45 - 25= $20
Now, total contribution margin:
Total contribution margin= 3,000*20= $60,000
Answer:
C. long-term spot rates are higher than the average of current and expected future short-term rates
Explanation:
