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Maslowich
3 years ago
5

Consider an economy with only two groups of​ people: Wage earners and Goods sellers. If the price level increases by​ 20% while

the nominal wages remains the​ same, A. income will be redistributed from goods sellers to wage earners. B. income will be redistributed from wage earners to goods sellers. C. no income redistribution will occur as nominal wages are same as before. D. real wages will not be affected as nominal wages remained the same.
Business
1 answer:
lubasha [3.4K]3 years ago
7 0

Answer:

Income will be redistributed from wage earners to goods sellers.

Explanation:

In this instance there are only 2 parties in the economy, the wage earners (buyers) and the seller's.

When there is a price increase by 20% the sellers gain more because they are getting 20% higher on their previous sales.

On the other hand the buyers or wage earners now have to pay more with a constant wage for goods. Their purchasing power is reduced.

So income is being redistributed from the wage earners to the sellers in this economy.

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What was the dominant pattern of race relation in colonies during the new imperialism period.
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White colonizers conquered lands where nonwhite people lived was the dominant pattern of race relations in colonies.
5 0
3 years ago
Canyon Buff Corp. is considering the purchase of a new piece of equipment which would cost $11,000. This equipment will have a f
Furkat [3]

Answer:

Tax shield on depreciation = 600

Explanation:

given data

new piece of equipment = $11,000

salvage value = $1,000

marginal tax rate = 30%

average tax rate = 20%

time period = 5 year

to find out

net effect of annual depreciation on the free cash flow

solution

we know here cost of asset and  Salvage value so we get depreciation cost  

depreciation cost is = 11000 - 1000 = 10000  

and

annual depreciation = 2000  

so that Tax shield on depreciation will be

Tax shield on depreciation = 2000 × 30%

Tax shield on depreciation = 600

5 0
4 years ago
In which performance appraisal method are various performance levels shown along a scale that incorporates only positive perform
Hatshy [7]

Answer:

Behavioral observation scales (BOS).

Explanation:

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Behavioral observation scales (BOS) is a performance appraisal method in which various performance levels are shown along a scale that incorporates only positive performance behaviors.

This simply means, BOS is focused on using one or more scales to gauge the frequency with which a staff has performed positively, effectively and efficiently in the job.

Hence, Behavioral observation scales (BOS) are goal-orientated process helps an employer to maximize the productivity of his or her employees, team members and by extension the organization.

6 0
3 years ago
ctual and budgeted fixed overhead $1,092,000 Standard variable overhead rate $27.00 per standard labor hour Actual variable over
icang [17]

Answer:

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Explanation:

Giving the following information:

Actual and budgeted fixed overhead $1,092,000

Standard variable overhead rate $27.00 per standard labor hour

Actual variable overhead costs $137,144

We weren't provided with enough information to calculate the direct labor rate variance. But I will provide the formula.

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Actual rate= actual direct labor costs/total actual hours worked

7 0
3 years ago
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Anit [1.1K]

Answer:

B. Downward

Explanation:

In this scenario, when Shruti responds to the team the flow of communication is in a Downward direction. This is because Shruti is the boss in this scenario and he is congratulating his employees that he is in charge of. Therefore the communication starts at the higher levels and works its way down the hierarchy of command. When Jason sends the report to Shruti that would be considered Upward communication, and when the information/report is passed between You, Jason, and Leticia that is Lateral communication because you all are coworkers with the same level of authority.

8 0
3 years ago
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