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omeli [17]
3 years ago
10

What are the consequences of Real wage unemployment?

Business
2 answers:
Nonamiya [84]3 years ago
8 0

Answer:

Explanation:

Firstly, in a recession, if you cut wages, it will cause a fall in spending because people have less income, this will reduce aggregate demand and therefore lead to lower economic growth. This, in turn, will lead to less demand for labour.

ss7ja [257]3 years ago
8 0
This is a good question, I feel like the person who first responded gave a good detailed academic answer!
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Suppose the price elasticity of supply for gasoline in the short run is estimated to be 0.4. Due to an unexpected surge in the d
oee [108]

Answer:

8%

Explanation:

The formula and the computation of the price elasticity of supply is shown below:

Price elasticity of supply = (Percentage change in quantity supplied ÷ percentage change in price)

where,

Price elasticity of supply = 0.4

And, the percentage change in price = 20%

So, the percentage change in quantity supplied is

= Price elasticity of supply × the percentage change in price

= 0.4 × 20%

= 8%

It shows a direct relationship between the quantity supplied and the price.

6 0
3 years ago
Justin is a sales executive at a manufacturing company. One of his clients who purchases products from him at a higher price tha
Dafna11 [192]

Answer:

The correct answer is option D.

Explanation:

An ethical dilemma can be defined as a situation in the decision-making process in which whatever decision is chosen some ethical principle is being compromised.  

Out of two moral choices, neither one is unambiguously preferable or acceptable. The situation becomes complex as choosing one alternative will lead to transgression of another.

6 0
3 years ago
A taxpayer is looking to appeal a decision of a U.S. District Court, select the correct Court of Appeals district based on the s
Blababa [14]

The correct Court of Appeals district based on the States listed below are:

  • Tenth
  • Eighth
  • Ninth
  • Fifth
  • Seventh

<h3>What is a Court of Appeal?</h3>

This refers to the special court where people who are not satisfied with the judgement passed in a district court come to so that the case can be re-tried.

With this in mind, if a taxpayer in the United States is looking to appeal a decision which was made by a U.S. District Court, the correct Court of Appeals district based on Wyoming. b. Nebraska. c. Idaho. d. Louisiana. e. Illinois are:

  • Tenth
  • Eighth
  • Ninth
  • Fifth
  • Seventh

Read more about Appeal Court here:
brainly.com/question/39520

8 0
2 years ago
Accountants focus on creating financial statements, whereas finance professionals mostly use these statements to evaluate a firm
Anna35 [415]

Answer:

How much debt and equity has the firm issued to finance its assets?

Balance Sheet

How much cash is a firm generating through operating, investing, and financing activities?

Statement of Cash Flows

If compensation for senior management is based on short-term performance of the firm, in the short run the firm is likely to:_________.

Overstate its earnings

Explanation:

The statement of cash flows in the financial statements prepared by the accountant shows outgoing and incoming cash for the period and also the cash balance . Balance sheet also called statement of financial position reflects or shows the assets and liabilities of the company which are broken down to equities and debts in classifying capital sources

Senior management can overstate earnings if company's performance in the short-run is the basis for their earnings. This is because long-term performance of company is not considered and short run earnings of company is characterized by short-sightedness, inflated figures and inconsistencies in performance to maximize earnings

5 0
3 years ago
Julian, the owner of a t-shirt shop, attended an entrepreneurship workshop that 6) discussed the triple bottom line, which measu
hjlf

Answer:

D) social, environmental, and financial 

Explanation:

The triple bottom line is an accounting framework that recommends that companies should not only focus on maximising profit but they should focus on social and environment concerns.

I hope my answer helps you

8 0
3 years ago
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