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2 years ago

Which choice BEST describes what might happen to unemployment rates, if minimum wage laws were repealed?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when minimum wage laws are made in congress and they are repealed by the people.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 difference between operations and projects is that operations end when their objectives have been reached, whereas projects do

maxonik [38]

Answer:

FALSE

Explanation:

It is False that the difference between operations and projects is that operations end when their objectives have been reached, whereas projects do not.

The reverse is true because projects are time-bound and they come to an end when their objectives have been achieved, but company operations are expected to continue as a going concern.

A project is an activity to meet the creation of a unique product or service, an thereafter terminates while operations are day to day routine activities that are expected to continue

3 0

3 years ago

What benefit does a 401(k) plan provide over an IRA?

svetoff [14.1K]

Hello,

Your brainliest answer would be:

A benefit of 401k It is Less of investment risk.

Plz mark me brainliest!

Hope this helps!

5 0

3 years ago

Read 2 more answers

How old do you have to be to become a emergency doctor and a paramedic?

lbvjy [14]

Answer:30

Explanation:

5 0

3 years ago

Yan Yan Corp. has a $5,000 par value bond outstanding with a coupon rate of 4.6 percent paid semiannually and 21 years to maturi

Aleonysh [2.5K]

Answer:

Price of the bond = $4,122.36

Explanation:

The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV).

Value of Bond = PV of interest + PV of RV

The value of bond for Yan Yan Corp. be worked out as follows:

Step 1

PV of interest payments

Semi annul interest payment

= 4.6% × 5,000 × 1/2 = 115

Semi-annual yield = 4.1%/2 = 2.05 % per six months

Total period to maturity (in months) = (2 × 21) = 41 periods

PV of interest =

115 × (1- (1+0.0205)^(-21)/0.0205)=1,946.47

Step 2

PV of Redemption Value

= 5000 × (1.0205^(-41) = 2,175.89

Step 3:Price of the bond

Total present Value = 1,946.47 + 2,175.89 = 4,122.36

Price of the bond = $4,122.36

5 0

3 years ago

Lower of Cost or Market The accountant for Murphy Company prepared the following analysis of its inventory at year end: Item Uni

Nina [5.8K]

Answer:

$52,860

Explanation:

The computation of the ending inventory using the lower of cost or market method is shown below:

Product Cost Net realizable value Lower of cost or NRV

RSK-89013 600 × $38 = $22,800 600 × $47 = $28,800 $22,800

LKW-91247 420 × $47 = $19,740 420 × $40 = $16,800 $16,800

QEC-57429 510 × $26 = $13,260 510 × $32 = $16,320 $13,260

Carrying value of the ending inventory is $52,860

7 0

2 years ago