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Klio2033 [76]
3 years ago
12

Labor unions typically negotiate wages, employmen t benefits, and

Business
1 answer:
kompoz [17]3 years ago
7 0
<span>Benefits of belonging to a labor union are access to more benefits, workers tend to have a higher hourly wage, job security and being able to do collective bargaining at work.</span>
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1. Consider an economy in which autonomous consumption is 800, the marginal propensity to consume is 0.8, investment is 400, gov
Darya [45]

Answer:

  • 1800
  • 500
  • Spending multiplier =5 , Tax multiplier =4
  • new GDP =2000 , Increase GDP level = 11.11%
  • new GDP =1800 , Increase in GDP level = 0%

Explanation:

  • Equilibrium GDP = C+I+G+net export

C = private consumption

I = investment

G = government consumption

Net export = export - import

800+400+500+100 = 1800

  • Saving at GDP = (GDP-T-C) +(T-G)

(1800-400-800)+(400-500) = 500

  • SPENDING  MULTIPLIER = 1 / 1 - MPC

= 1 / 1 - 0.8 = 5

        TAX MULTIPLIER = MPC /  1 - MPC

= 0.8/1-0.8

=0.8 / 0.20 = 4

  • New equilibrium GDP = GDP + 200 = 2000

Increase in GDP level = (NEW GDP - OLD GDP / OLD GDP) *100

(2000-1800) / 1800 = 11.11%

  • New Equilibrium GDP = C + I+ G + Net export

(800-200) +400 +(500+200) +100 = 1800

Increase in GDP level = (NEW GDP - OLD GDP / OLD GDP) *100

There is no change in GDP.

4 0
3 years ago
Workflow is ___________. a. A kind of work which involves handling liquids b. The order in which tasks must be completed c. The
larisa86 [58]
<span>Workflow is ___________.  b. The order in which tasks must be completed </span>
5 0
3 years ago
Read 2 more answers
Evidence of sharing profits is prima facie evidence of partnership existence unless the profits are: a. wages or rent. b. not sh
levacccp [35]

Answer: A. Wages or rent

Explanation: A business partnership is an association of two or more people to conduct a business. The partners pool their funds and also partake in profits or losses that might result in running the business. The contract of a partnership that states that one exist could be express or implied, written or oral.

Generally, the receipt of profits from a business is evidence of a partnership. However, when it is repayment of a debt, wages, rent, or an annuity that is received as a share of profit, such transactions do not lead to a legal inference that a partnership exists since they are considered “protected relationships”. Therefore, evidence of sharing profits is prima facie evidence of partnership existence unless the profits are wages or rent.

5 0
3 years ago
The two pivotal factors that distinguish one competitive strategy from another boil down to Multiple Choice
kenny6666 [7]

The two pivotal factors that distinguish one competitive strategy from another boil down to Multiple Choice is explained in the following way

Explanation:

  • The generic types of competitive strategies include: low-cost provider, broad differentiation, best-cost provider, focused low-cost, and focused differentiation strategies. Which of the following generic types of competitive strategies is typically the "best" strategy for a company to employ?

  • What sets focused (or market niche) strategies apart from low-cost leadership and broad differentiation strategies is: their concentrated attention on serving the needs of buyers in a narrow piece of the overall market. ... meaningfully lower overall costs than rivals on comparable products.

  • 1- By using its lower-cost edge to underprice competitors and attract price-sensitive buyers in great numbers to increase total profits.
  • When a Low-Cost Provider Strategy Works Best
  • Most buyers use the product in the same ways. Buyers incur low costs in switching among sellers. Large buyers have the power to bargain down prices. New entrants can use introductory low prices to attract buyers and build a customer base.

4 0
3 years ago
If the straight-line depreciation method is used, the annual average investment amount used in calculating the accounting rate o
lisabon 2012 [21]

Answer:

The answer is true

Explanation:

Accounting Rate of Return is a financial ratio used in capital budgeting decision making. It is the ratio of estimated accounting profit(net income) of a project to the average investment made in the project.

And average investment is calculated as the sum of the beginning and ending book value of the project/investment divided by 2

3 0
3 years ago
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