False. As trade will also cause the average level of wages in an economy to rise and not fall.
<h3>The relationship between free trade and wages</h3>
Free trade results in an increase in all factor incomes, including wages, interest rates, profits, and rents, which raises GDP and makes more money available for company investment, which boosts global trade.
Trade will increase the average pay level in an economy because it increases the amount that an economy can produce by allowing businesses and workers to take use of their comparative advantages.
Therefore, employers will value employees who can create more, which will cause the demand for their labor to move to the right and raise earnings in the labor market. Contrarily, trade restrictions will cause an economy's average pay level to decline.
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Answer:
A dynamic equilibrium is a chemical equilibrium between a forward reaction and the reverse reaction where the rate of the reactions are equal.
Explanation:
$160000 x 1.06 = $169600
$169600 - 160000 = $ 9600 per year
$9600 / 12 = $ 800 per month
160000 / 360 month = $ 444.44 per month
800 + 444.44 = $ 1244.44 monthly peyment
Answer:
All of them.
Explanation:
Accounting systems are designed to show the increases and decreases in each financial statement item as a separate record. This record is called an account. In the T account, the debit is on the left and the credit is on the right.
The equity for credits and debits for each transaction is build into the accounting equation: assets = liabilities + equity. Because of this doble equality, this system is called double entry accounting system.
In balance sheet accounts:
-asset accounts debit for increases and credit for decreases.
-liability accounts debit for decreases and credit for increases.
-equity accounts debit for decreases and credit for increases.
