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yawa3891 [41]
3 years ago
15

An increase in the minimum wage​ ______. A. decreases employment and increases unemployment if it is set above the equilibrium w

age rate B. always decreases employment C. increases employment and decreases unemployment if it is set below the equilibrium wage rate D. has no effect on the labor market
Business
2 answers:
fenix001 [56]3 years ago
7 0

Answer:

The correct answer to fill the blank space will be option "C"

Explanation:

The relation between minimum wage and employment depends on the magnitude of the minimum wage relative to wage rate. Seein this we can say that an increase in the legal minimum wage will bring up the employment rate if it is set bellow the wage rate.

jek_recluse [69]3 years ago
6 0

Answer:

The answer is A I just took the test.

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Answer:

Balance after 30 years = $151,018.50

Explanation:

In order to calculate this, we will calculate the future value on an amount invested, gaining interest over the years of investment, and this is given by:

FV = PV (1 + r)^{t}

where:

FV = future value

PV = present value

r = interest rate

t = time in years.

Hence the future value is calculated as follows:

1. For the first 10 years at 7% interest:

7% interest = 7/100 = 0.07

FV = 12,500 (1 + 0.07)^{10}

FV = 12,500 (1.07)^{10}\\FV = 12,500 * 1.967 = 24,589.392

2. For the last 20 years at 9.5%(0.095) interest:

Note that for the remaining 20 years, the present value (PV) used = 24,589.392, as ending balance after the first 10 years

FV = 24,589.392 (1 + 0.095)^{20}

FV = 24,589.392 (1.095)^{20}\\FV= 24,589.392 * 6.1416\\FV = 151,018.496

Total Future value earned = $151,018.50

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2 years ago
Which federal agency calculates the Consumer Price Index (CPI)?
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<span>U.S. Bureau of Labor Statistics</span>
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Volten Inc. is an apparel store. It has separate sections for casual wear, office wear, and party wear. It offers a broad select
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Answer:

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Product user segmentation refers to the marketing practice of dividing potential customers into segments based on the characteristics they might share, for example: shared behavior, workplace, leisure activities, hobbies, etc.

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A state passes a law requiring major appliances sold in the state to meet energy consumption standards. which factor in the​ fir
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<span>This best reflects the broader regulatory environment in which the firm operates. Changes in this environment will undoubtedly have effects on the firms future product offerings and bottom line.</span>
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Read the following​ sentence, remove the bold portion that would make the sentence more concise: When the scientists added the f
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Answer:

The correct answer is letter "C": in color.

Explanation:

In order to make a sentence more concise, it is better to avoid redundancies, it is setting aside words that have a similar meaning within the same segment. Redundancies are typically useful for literature when the author wants to emphasize the meaning of something. Though, when talking about scientific facts, it is better not to use them because they tend to confuse the meaning of the message delivered. In:

<em>When the scientists added the final chemical into test​ tube, the malodorous liquid turned green in color. </em>

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