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nignag [31]
2 years ago
13

Which choice BEST describes what might happen to unemployment rates, if minimum wage laws were repealed?

Business
2 answers:
Ivenika [448]2 years ago
8 0

Answer:

the short term, unemployment rates would drop drastically.

Flauer [41]2 years ago
7 0

Answer:

In the short term unemployment rates would depend on other market factors

Explanation:

when minimum wage laws are made in congress and they are repealed by the people. it means that the status quo based on minimum wage will be maintained. the people already in the labor market will as well remain in labor market.

The repealing of the minimum wage laws by the people would affect the employers of labor either positively or negatively because the minimum wage law might be for an increase or a decrease of the minimum wage been paid by labor. hence you cannot determine how exactly the employers of labor would react to employment and unemployment hence in the short terms unemployment rates would depend on other market factors.

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A Broker Price Opinion (BOP) and Competitive Market Analysis (CMA) are estimates of value created by real estate licensees for m
dimulka [17.4K]

Answer:

This evaluation was prepared by a licensed real estate broker and is not an appraisal. This evaluation cannot be used for the purposes of obtaining financing.

Explanation:

4 0
2 years ago
A risky fund has an expected return of 17% and standard deviation of 25%. The risk-free rate is 9%. The expected return of the o
Marrrta [24]

Answer:

the Sharpe ratio of the optimal complete portfolio is 0.32

Explanation:

The computation of the sharpe ratio is shown below:

= (Return of portfolio - risk free asset) ÷ Standard deviation

= (17% - 9%) ÷ 25%

= 8% ÷ 25%

= 0.32

Hence, the Sharpe ratio of the optimal complete portfolio is 0.32

We simply applied the above formula

4 0
3 years ago
Recording partner's original investment Instructions Kimberly Payne and Arionna Maples decide to form a partnership by combining
levacccp [35]

Answer and Explanation:

The Journal entry is shown below:-

Cash A/c Dr, $20,000  

Accounts Receivables A/c Dr, $140,000

($145,000 - $5,000)

Inventory A/c Dr, $101,700  

Equipment A/c Dr, $81,200.

     To Allowance for doubtful Accounts $4,400

     To Payne's Capital A/c $338,500

(Being assets contributed by partner in business is recorded)

For recording the assets contributed by partner in business we simply debited the cash account, accounts Receivables, Inventory and Equipment as increase the assets while we credited the Allowance for doubtful Accounts as it decreasing the assets and Payne's Capital as increasing the stockholder equity.

7 0
2 years ago
What does this article say about being on time ?
meriva

Answer:

About being on time, this article reveals:

1. Endeavour to take a practice trip the same time you leave for work in order to know what time you will arrive at work.

2. In order not be in a hurry and anxious, endeavour to arrive 15 minutes earlier. Also, don't arrive too early in order not to affect others.

Explanation:

The article gives advice and caution on how to get to work on time. The article seem to center on some work ethics tips for the newly employed. It reveals how to get to work on time, preparing your clothes, checking your hygiene and preparing quality questions for your boss.

5 0
3 years ago
Summarize the consequentialist arguments for and against affirmative action.
bearhunter [10]

Answer:

Explanation:

Arguments supporting Affirmative Action:

1) Affirmative action is a method that ensure the diversity is obtained and maintained in schools and workplaces. Moreover, it also helps to create tolerant communities therefore, it exposes people to a variety of cultures and ideas that are different from their own.

2)Affirmative action assists disadvantaged people that come from areas of the country where opportunities are limited  be able to advance and they otherwise could not. In other words, it bestows everybody the same playing field.

3)Affirmative action is for  to help by compensating to some races who are"started late in the race" , due to many years of oppression, and it also helps level the playing field.

Arguments against Affirmative Action:

1) Affirmative Action can be described as reverse discrimination. More specifically, past discrimination against some minority groups does not justify existing discrimination against them.

2) It weakens the notion of meritocracy and instead weakens races as a dominant factor in recruitment and recruitment procedures. Regardless of the situation, the best people for the position should be placed there.

3) Students / staff involved in the approval process are often not fully prepared for the assignment.

4) Affirmative Action strengthens stereotypes and racism compared to the previous point. People who give a position almost positively because of their activity are often unsuitable and the idea that all people in this race are "stupid" is endless.

5) People of different races or ethnic backgrounds do not need to have differences of opinion in the workplace / university. People with the same skin color are not necessarily the same in terms of vision or culture.

4 0
3 years ago
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