Answer: Wages are flexible if the economy is self-regulating.
Explanation:
Classical economists believe that the economy is self-regulating. This means that if the economy is not at equilibrium, it will return to equilibrium if it is left without interference.
For this to happen, inputs such as wages have to flexible to enable them to adjust to market conditions and thus take the Economy back to equilibrium.
For instance, if there is a recession, wages will reduce so that the prices that the producers can charge will reduce as well which will enable supply to match demand and bring the economy back to equilibrium.
Answer: demographic makeup
Explanation: Demographics is a population analysis based on criteria like age, ethnicity, and gender. Demographic data relates to systematically articulated social economic-economic statistics, including jobs, schooling, wages, marriage rates, rates of births and deaths, and much more.
Governments, companies, and NGOs use surveys to learn much more about the dynamics of a community for many reasons, including policy development and research on the economic market. Demographic information is collected to create a profile for the client base of the company for company's marketing objectives.
Thus, from the above we can conclude that the given case depicts demographic makeup.
Answer:
The citizen, however, does not have to pay because the police officer has a pre existing duty.
Explanation:
"Preexisting duty rule is a common-law rule of contract. It says that the rule that performance of an act by which a party is already contractually bound to perform does not constitute valid consideration for a new promise. In other words, a party's offer of a performance already required under an existing contract is an insufficient consideration for modification of the contract."
Then, the citizen doesn't have to pay because the police officer has an existing contract, and it's considered an insufficient consideration for modification of that contract.
Reference: US Legal, Inc, 2019. “Preexisting Duty Rule Law and Legal Definition.” Preexisting Duty Rule Law and Legal Definition | USLegal, Inc., 2019
Paying your phone bill late and maxing out your credit card can hurt your credit score.
Answer:
The correct answer is letter "E": All of the above.
Explanation:
The Generalized Audit Software or GAS is a computer-based tool designed to carry out routine audits inside a company. It imports generalized data so then samples can be browsed to later be analyzed. The data is stored based on certain criteria identifiers for easiness in the search. Besides, confirmations of account receivables can be printed from the software.
