Answer:
c. wages may stay at above-equilibrium levels for an extended period of time, thus keeping unemployment high.
Explanation:
Sticky wage theory -
According to this theory , the payment of the employees have a slow response for the change in the performance of the company or the economy .
From this theory , as the unemployment increases , the wages of the employed candidates tends to remain same or increases very slowly due to to decrease in the demand of the labor .
In this case , the wages are sticky - down , as they move up easily but get down with difficulty .
Answer:
A cash outflow of $82 million.
Explanation:
Because during the year Shady had taxes expenses for $80 million but then Shady cancelled $2 million of the Income Tax Payable account, which decreased from $14 million to $12 million.
Answer:
Entrepreneurs occupy a central position in a market economy. For it's the entrepreneurs who serve as the spark plug in the economy's engine, activating and stimulating all economic activity. The economic success of nations worldwide is the result of encouraging and rewarding the entrepreneurial instinct.
Explanation:
I don’t understand what you are trying to say or what your question is?
