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4 years ago

A minimum wage increases unemployment by

Business

1 answer:

allochka39001 [22]4 years ago

5 0

Answer:

A. decreasing the quantity of labor demanded. The minimum wage is an imposition to labor market that does not affect supply and demand functions (options b to e discarded).

Explanation:

This imposition set a minimum level of wage not related to market price formation mechanism. When equilibrium wage is below of minimum wage salary, the unemployment appears as a consequence (because at minimum wage level the supply of labor surpasses the demand).

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In the PMBOK, the logical groupings of the five project management processes to achieve specific project objectives are called t

cupoosta [38]

In the PMBOK, the logical groupings of the five project management processes to achieve specific project objectives are called the: project management process groups.

<h3>What are the Project Management Process Groups?</h3>

The project management process groups consist of five groupings known as initiating, planning, executing, monitoring, and closing.

The initiating stage is the stage where the basics of the project are thought out. The planning stage entails structuring the project.

After this, the plan is executed, monitored for progress, and finally closed.

Learn more about the Project Management Process Groups here:

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7 0

3 years ago

An annual insurance policy is paid in advance by a company. How will the company treat this initial payment and the subsequent e

jeka57 [31]

Answer:

The question requires the answering party to pick all that apply as found in the attached.

A. The initial payment will be recorded as an increase to a Prepaid Insurance account.

B. Over time, the expired portion of the policy must be removed from the asset account as it has been used up and is no longer considered an asset.

C. As a portion of the policy expires, the expired portion will be removed and transferred to an expense account.

Explanation:

The initial payment will be recorded as increase to an asset account,prepaid insurance is a correct statement,pending when the insurance cost is cost,

Subsequently,the expired the portion of the prepayment would be removed from the account,hence point B is also correct.

Finally,when the expired portion is removed from prepaid insurance account,it is transferred to insurance expense account,point C is also on point.

3 0

3 years ago

Why are medical related professions and human resources important

strojnjashka [21]

Answer:

They Both deal with the Wellbeing of the Human Talent

Explanation:

While the medical profession deals with physical, and psychotherapy treatment of the human being and the Human Resources function deals with the employee welfare at work place such as work conditions, training, harassments at work place, both these professions try to improve the wellbeing of the Human Talent.

6 0

3 years ago

TREMAINE:

WITCHER [35]

The amount of money he will save by paying an extra $15,000 upfront is $11,974.80.

Loan = Cost - Down payment

Loan = $145,000 - $15,000

Loan = $130,000

Given Information

P/Y= 12, C/Y=12

N= 30*12= 360

I/Y = 4.38

PV= -130,000

Monthly payment = PMT(C/Y, N, I/Y, -PV)

Monthly payment = $649.45

Total interest over the whole term = Monthly payments * Number of payments - Loan

Total interest over the whole term = $649.45*360 - $130000

Total interest over the whole term = $103,802

If waited to have down payment of $30,000: The Loan= $145,000 - $30,000 = $115,000

Given information

N= 30*12= 360

I/Y = 4.38

PV= -115,000

Monthly payment = PMT (N, I/Y, -PV)

Monthly payment = $574.51

Total interest over the course of the mortgage = $574.52*360 - $115,000

Total interest over the course of the mortgage = $91,827.20

Money saved by paying extra $15,000 upfront = $103,802 - $91,827.20

Money saved by paying extra $15,000 upfront = $11,974.80

Therefore, the amount of money he will save by paying an extra $15,000 upfront is $11,974.80.

Learn more about fixed mortgage:

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5 0

3 years ago

Read 2 more answers

ACTUAL EXPLANATIONS ONLY PLEASE // You project revenue to start at $5,000 for the first month and grow by $200 each month therea

adelina 88 [10]

Answer:

13.33

Explanation:

We have to write 2 equations to set equal to each other.

The first one will look like this:

200x + 5,000

The x will go with the 200 because the project revenue grows by $200 each month thereafter the start of $5,000.

The second equation will look like this:

50x + 7,000

The project begins at $7,000 and grows by $50 every month so the x will go with the 50.

Now, set them equal to each other

200x + 5,000 = 50x + 7,000

Solve

150x + 5,000 = 7,000

150x = 2,000

x = 13.333

Therefore, in the thirteenth month the project will breakeven.

Hope this helps!!

- Kay :)

4 0

3 years ago