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Molodets [167]
3 years ago
10

In the Classical Theory, it is the price-wage-interest rate _____________ that restores the economy to full employment if Househ

old or Business spending declines..
Business
1 answer:
Amiraneli [1.4K]3 years ago
7 0

Answer:

flexibility

Explanation:

According to classical economists, the price-wage-interest rate flexibility refers to a combination of flexible factors that maintains economic stability:

  • Flexible interest rates keeps the money markets (loans) in equilibrium.
  • Flexible wages keeps the labor market in equilibrium.
  • Flexible prices keeps the goods and services markets in equilibrium.

Therefore, if spending declines, the economy will self-adjust using flexible interest rates (interest rates should lower), flexible wages (wages should lower) and flexible prices (prices should lower) until the economy rebounds.

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The Government in Sunshine Act requires agency business meetings to be open to the public even if the agency is headed by a non-
artcher [175]

Answer:

False

Explanation:

Sunshine Act requires a collegial body to head a meet with a quorum present. The meeting must have been announced some time before it is held unless it is an urgent meeting.

4 0
3 years ago
Read 2 more answers
-.a) State the main function of a business.
EastWind [94]

Answer:

The main function of a business is to add value to the customers they have chosen to serve.

A business simply satisfies a need or want of people and tries to make something convenient and easy for them.

The more a business understand the requirements, needs and wants of their customers, the more they add value and the more they will remain a successfully company.

Explanation:

3 0
3 years ago
Among the 1018 ​respondents, 128 said that rising gas prices are "not at all annoying." what percentage of respondents said that
uysha [10]

Answer: The percentage of respondents said that the gas prices are“Not at all annoying”  are 12.57%

Explanation:  There are 1018 respondents out of which 128 respondents said that the gas prices are “Not at all annoying”

Percentage of the respondents are = Number of respondents who said gas prices are not annoying ÷ Total number of respondents *100

Where, Number of respondents “Not at all annoying” = 128

              Total Number of respondents = 1018

Percentage of the respondents = 128 ÷ 1018 * 100

Percentage of the respondents = 0.1257367 *100

Therefore, the percentage of respondents who said is not annoying is 12.57%.

7 0
3 years ago
On the morning of July 15, 2006, fourteen school buses were vandalized. The buses, property of Walt Whitman Middle School, were
Fofino [41]

Answer:

B. the lack of discipline of Edgar Allan Poe Academy students

Explanation:

3 0
3 years ago
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Before year-end adjusting entries, Dunn Company's account balances at December 31, 2020, for accounts receivable and the related
navik [9.2K]

Answer:

Option (B) is correct.

Explanation:

Given that,

Accounts receivables = $1,500,000

Allowance for doubtful accounts = $90,000

Expected uncollectibles = $125,000

The collection of accounts receivables after the adjustment for bad debt expense is determined by deducting the expected uncollectibles from the total amount of accounts receivables.

Accounts receivable amount expected to be collected after adjustment for bad debt expense:

= Accounts receivables - Expected uncollectibles

= $1,500,000 - $125,000

= $1,375,000

7 0
3 years ago
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