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3 years ago

Is United States currency officially "backed" today?

1 answer:

4 0

"Yes, legal currency is backed by government acceptance" is the one among the following choices given in the question that gives the required answer. The correct option among all the options that are given in the question is the second option. I hope that the answer has come to your desired help.

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The _________________ argument points out that if an employer reacts to poor business conditions by reducing pay for all workers

Lorico [155]

B. adverse selection of wage cuts

The adverse selection of wage cuts is one of the economic theory to explain why wage are less likely to decrease than increase.

Some of this theories revolve around laws and institution: for example, if the firm is paying only a minimum wage to its employees, it is illegal to reduce that wage.

There are other theories that try to identify the factors behind this pattern: one, the adverse selection of wage cuts argument, describe a situation in which if the employer cut all wages in order to meet the poor requests of the market, the employees that are most likely to stay are the less valuable one, as the most valuable will find a new job elsewhere.

6 0

3 years ago

There is no demand for a certain commodity when the unit price is $200 or more, but the demand increases by 200 units for each $

nikitadnepr [17]

Answer:

y = -0.05x + 200

Explanation:

Two points are available ($200, 0), ($190, 200)

We find the equation from these two points.

Slope = (190-200)/(200 -0) = -10/200 = -0.05

Now, we write the equation of line with scope m=-0.05 and point (0. 200)

y-200 = -0.05(x-0)

y = -0.05x + 200 (Demand equation)

8 0

3 years ago

What adjustments would need to be made in the Operating Section of the statement of cash flows prepared under the indirect metho

irinina [24]

Explanation:

You will have to compare the Accounts payable of the current and previous year, and check the diference.

If the current year Account Payable is higher then the previous year, this means Google didn't pay as much, so it "save" cash for that diference so the diference will be positive.

If the opposite ocours, then Google pay more than previous year, so the diference will be posted as negatinve in the cash flow statment.

Accrued Expenses for this account, when doing the comparrison, if current is higher this means Google didn't pay as much expenses as it should be, so it save cash, the diference will be posted as positive.

If the actual is smaller, then Google pay more and the diference is posted as negtive.

Resuming, compare current with previous for each account,

when current is higher then adjustment is positive (save cash)

when previous is higher then adjustment is negative(use cash)

5 0

4 years ago

A firm has four different investment options. Option A will give the firm $10 million at the end of one year, $10 million at the

xxMikexx [17]

Answer:

The answer is "Option D".

Explanation:

Using the formula for calculating present value:

$= \frac{Future \ value}{(1+r)^n}\\\\$

that's why "Option D" is correct.

8 0

3 years ago

When would you use a cashier's check ?

AleksAgata [21]

Is this an open ended question ? Or multiple choice ?

6 0

4 years ago