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ycow [4]
3 years ago
15

What is an argument in favor of a $15 minimum wage

Business
1 answer:
tamaranim1 [39]3 years ago
7 0

The idea for a $15/hour minimum wage is to provide a <u>living wage</u> for employees, meaning that they can meet their basic housing, food, medical, and living expenses when working full time at minimum wage.

You might be interested in
Which of the following statements is true? Group of answer choices If current Real GDP is greater than Natural Real GDP, the eco
Archy [21]

Answer: Wages are flexible if the economy is self-regulating.

Explanation:

Classical economists believe that the economy is self-regulating. This means that if the economy is not at equilibrium, it will return to equilibrium if it is left without interference.

For this to happen, inputs such as wages have to flexible to enable them to adjust to market conditions and thus take the Economy back to equilibrium.

For instance, if there is a recession, wages will reduce so that the prices that the producers can charge will reduce as well which will enable supply to match demand and bring the economy back to equilibrium.

4 0
3 years ago
Think about something very important to you that you would like to accomplish 10 years from now. Write a short-term, medium-term
ki77a [65]

Answer:

Well it is different for everyone... but i will give you mine...

In 10 years from now i want to be a pilot in the air force. My short term goal would be to take the azvab... you only take it once. My medium term goal would be to keep up with pt (physical training). My long term goal would be to keep up with the ever changing technology that i will need to use in order for my job to be succsessful.

Explanation:

8 0
2 years ago
Sales tax is calculated A. based on the number of items purchased. B. using a percentage of the price of an item. C. before a sa
Lelechka [254]

Answer:

B. using a percentage of the price of an item

Explanation:

5 0
3 years ago
U.s. national debt​ ______ when the federal​ government's ______.
aalyn [17]

d. Increases when outlays (payments) exceed revenue.

Outlays (or payments) are the expenses, and tax revenue is the income. So whenever the expenses outweigh the income you will add to the debt. If you earn $500 a month but spend $700  you will be adding that extra $200 to your debt each month.

5 0
2 years ago
Can someone help me please????????
olga_2 [115]

Answer:

25% = 0.25 = 25/100 --> 1/4

90% = 0.90 = 90/100 --> 9/10

60% = 0.6 = 3/5

35% = 0.35 = 35/100 --> 7/20

33.3...% = 0.33...  = 1/3

65% = 0.65 = 65/100 --> 13/20

How to calculate percentage:

[From decimal]

Decimal x 100 = percentage

e.g. 0.2 x 100 = 20%

[From fraction]

Numerator / Denominator x 100 = percentage

top number / bottom number x 100 = percentage

e.g. 3/5 --> 3 / 5 x 100 = 0.6 x 100 = 60%

How to calculate decimal:

[From percentage]

Percentage / 100 = Decimal

e.g. 45% / 100 = 0.45

[From fraction]

Numerator / Denominator = Decimal

top number / bottom number = Decimal

e.g. 7/8 = 7 / 8 = 0.875

How to calculate fraction:

[From percentage]

Percentage number / 100 --> simplify

e.g. 38% --> 38/100 --> 19/50

[From decimal]

Decimal x 100 / 100 --> simplify

e.g. 0.75 --> 0.75 x 100 = 75 --> 75/100 --> 3/4

Hope this helps :)

3 0
3 years ago
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