In a relationalâ database, the three basic operations used to develop useful sets of dataâ are:

1.Which of the following occurs when wages increase? a. The number of workers employed by the government increases b. The quanti

Oliga [24]

1.c. The quantity of labor supplied decrease.

2.d. Businesses demand labor in the labor market.

3.b. Inverse.

4.a. A decrease in the number of qualified car mechanics.

5.d. Decrease the wages of carpenters.

6.a. Higher wages for workers.

7.a. Marginal revenue product.

Explanation:

1. The demand for labour will decrease because

Increasing wages increases the cost value of businesses which produces the products, and leading to hike in their selling prices, due to which consumers will buy now lesser.

A increase in the wages can also make labour even more expensive relative to the capital so businesses can substitute capital for labour.

This means that less labour will be used.

2. The labor market is defined as the job market in which employees such as workers provide the supply to the market and employers like businesses provide the demand to the market.

3. As the wages increases,number of workers decreases and vice versa thus showing an inverse relationship between them.

4. A decrease in the number of qualified car mechanics will eventually increase the demand for them and hence it will lead to increasing wages of car mechanics.

5. A decreasing demand for carpenters would lessen the need of carpenters, leading to decrease the wages of carpenters.

6. Education and training might lower the wages of workers since the need and demand of workers get decreased.

7. The change in total profits to the change in the no. of inputs provided is defined as Marginal Revenue Product also known as MRP.Theoretically, it is the additional revenue generated during hiring an additional worker which is equivalent to usage of one more units of the input .

7 0

3 years ago

For each item below, indicate whether a debit or credit applies.

mrs_skeptik [129]

Answer:

1. Debit

2. Debit

3. Credit

4. Credit

5. Debit

6. Debit

7. Credit

8. Credit

9. Credit

10. Credit

Explanation:

In Financial accounting, debit refers to an entry made which would either increase an expense or asset account; therefore, decreasing an equity or liability account.

Credit refers to an entry made which would either increase an equity or liability account; therefore, decreasing an expense or asset account.

Generally, debit is an accounting entry which is made to the left of an account while credit is an accounting entry which is made to the right of an account. The standard rule is that, when a credit decreases an account, the opposite account should be increased with a debit.

1. Decrease in Notes Payable: Debit

2. Increase in Dividends: Debit.

3. Increase in Common Stock: Credit

4. Increase in Unearned Rent Revenue: Credit

5. Decrease in Interest Payable: Debit

6. Increase in Prepaid Insurance: Debit

7. Decrease in Salaries and Wages Expense: Credit

8. Decrease in Supplies: Credit

9. Increase in Revenues: Credit

10. Decrease in Accounts Receivable: Credit

8 0

3 years ago

During fiscal 2016, Plastics and Synthetic Resins Company recorded cash of $87,800 from customers for accounts receivable collec

mr Goodwill [35]

Answer:

Correct option is B

Explanation:

When cash is received from accounts receivables, it only impacts on balance sheet that too, only on cash assets and non cash assets.

Cash will be increased and non cash asset accounts receivables will be decreased, everything else will remain constant.

Thus correct option is B

Where Cash Assets = + $87,800

Non Cash Assets = - $87,800

4 0

3 years ago

Gidgits Galore has been busy during this lesson continuing its expansion plans throughout the United States. After all, everyone

Masteriza [31]

Yes it is hope this helps

8 0

3 years ago

To stimulate the economy, the Federal Reserve decides that the amount of money in circulation

max2010maxim [7]

Answer:

Lower the reserve requirement ratio

Explanation:

Stimulating the economy requires expansionary monetary policies. These are the actions that increase the money supply in the economy. When there is an increase in the money supply, people and businesses have more money to spend. An increase in spending means a higher demand for goods and services, which motivates increased production.

Reserves requirement is the proposition of customer deposits that commercial banks retain in their custody at all times. A reduction in the reserve requirement ratio implies that banks can loan out a larger proportion of customer deposits. The amount of money available for banks to issue out as loan increases. An increase in lending adds to the money supply in the economy, which, in turn, stimulates economic activities.

7 0

3 years ago