Answer:
False
Explanation:
Labour Markets are at equilibrium where : Market Demand for labour (by firms) = Market Supply of Labour (by labourers), & the respective curves intersect.
Labour Demand curve is downward sloping, as firms' demand is inversely related to price i.e wages. Labour supply curve is upward sloping, as labourers' supply is directly to price (wages).
If wage is higher than equilibrium wage : labour supply being directly related to wage, will be more. And, labour demand being inversely related to wage, will be less. It would lead to excess supply of labour in comparison to its demand. This would imply many people are able & willing to work at the prevailing wage rate , not getting jobs - i.e unemployment.
Wage higher than equilibrium wage rate will have Unemployment impact, irrespective of the cause (minimum-wage laws or other) of wage rise.
Answer:
The correct answer is letter "D": context.
Explanation:
American anthropologist Edward Hall (1914-2009) in his book "<em>The Silent Language</em>" analyzed intercultural communication. According to Hall, intercultural communication is the share of information between individuals of different cultures.
Hall defined context as the complexity a message carries to be understood. Thus, high-context cultures are those in which a great knowledge is necessary to understand the language (<em>Chinese, African, or Arab</em>) and low-context cultures are those in which communication is explicit (<em>German, English or Italian</em>).
Answer:
FV= $116,912.40
Explanation:
Giving the following information:
Initial investment= $82,000
Number of periods= 6*2= 12 semesters
Interest rate= 0.06/2 = 0.03
<u>To calculate the future value, we need to use the following formula:</u>
FV= PV*(1+i)^n
FV= 82,000*(1.03^12)
FV= $116,912.40
The current ratio expressed as a proportion is 2.5
Explanation:
Given :
The current assets = $292400
The current liabilities are $116960.
To find :
The current ratio
Solution :
Current Ratio =
2.5
Therefore, The current ratio expressed as a proportion is 2.5