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Akimi4 [234]
3 years ago
9

For twenty years, Maynard works for Natural Gas Wells, Inc., which employs more than five hundred persons in two states. Natural

Gas Wells drills for and mines natural gas to sell and transport to refineries, which in turn pipes liquefied gas to other states. Maynard starts as an unskilled worker in the drilling fields. After a career of positive job evaluations and pay raises, Maynard is ultimately promoted to the position of chief of maintenance for a dozen wellheads. Five years later, a new employee, Oberto, is hired to oversee operations at all of the wellheads. Oberto demotes Maynard, who is now over the age of forty, and freezes his salary. Oberto demotes five other employees over the age of forty and places Maynard under the supervision of Pitt, who is twenty-three. Maynard overhears Pitt say, "We’re going to have to do away with these old men." Maynard quits and files a suit against Natural Gas Wells for employment discrimination. Should he prevail?
Business
1 answer:
Alex Ar [27]3 years ago
4 0

Answer: He will most likely PREVAIL

Explanation:

Oberto's actions are in direct violation of the Age Discrimination in Employment Act of 1967 that forbids age discrimination acts in employment against people over the age of 40.

Maynard directly overhears his Supervisor, Pitt confirm that the demotion was based on age as well as the added evidence that the others that were demoted were over the age of 40 as well.

Under this Act, Maynard will most likely triumph in court.

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Suppose the population of country ABC rises from 40 million to 44 million. If the country's Real GDP rises from $825 billion to
marshall27 [118]

Answer:

Option (C) is correct.

Explanation:

Given that,

Population rises from 40 million to 44 million

Country's Real GDP rises from $825 billion to $890 billion during this same period.

Therefore,

This country experiencing a absolute economic growth because of the rise in real GDP.

Initial per capita growth:

= Initial Real GDP ÷ Initial Population

= $825 ÷ 40 million

= $20.625

New per capita growth:

= Increased Real GDP ÷ New Population

= $890 ÷ 44 million

= $20.227

Above calculations clearly shows that there is a decline in the per capita growth.

Hence, there is an absolute economic growth but not per-capita real.

8 0
3 years ago
Decreases in the money supply affect the economy indirectly because A. interest rates decrease causing planned investment to inc
Nimfa-mama [501]

Answer:

The correct answer is option C.

Explanation:

A decrease in the money supply would reduce the availability of credit in the market. The money supply curve will shift to the left. This would further cause the interest rate to increase.

This increase in the interest rate would increase the cost of borrowing. As a result, the cost of borrowing will increase. This will cause the planned investment to decline.

Since investment expenditure is a component of aggregate demand, a decline in the investment will cause the aggregate demand to decrease as well.

8 0
3 years ago
Burr Publishers purchased a building on March 20, 20Y1, for $160,000. Other amounts related to this purchase are as follows:
RUDIKE [14]

Answer:

1. Which amount related to this purchase should be recorded in the accounting records?

  • d. 160,000.

According to the historical cost principle, assets must be recorded at their original purchase price, only accumulated depreciation can adjust their value.

2. The resources owned by a business are its _____.

  • c. assets.

Assets are all the resources a business uses to carry out their normal business activities and operations.

3. The rights and claims of creditors on a company's assets are represented by _____.

  • a. liabilities.

Liabilities represent all the debts that a company has.

4. Which element of the accounting equation represents the rights of owners?

  • b. owner's equity.

Equity refers to the part of a company owned by its stockholders or owners. A company can finance itself through all equity, or it can have a mixed financing structure with equity and debt (liabilities). The investment made by the owners of a company is represented by the equity part of the balance sheet.

6 0
4 years ago
A rapid increase in the money supply may lead to a(n):
diamong [38]
<span>A rapid increase in the money supply may lead to a "Deflation"

Hope this helps!
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8 0
3 years ago
Seth is mentally incompetent but has not been adjudged by a court to be incompetent. Seth enters into a contract with Toby for t
Kaylis [27]

Answer:

Void

Explanation:

Void is the term of law, which is defined as the contract is not valid currently, and the parties of the contract are not held to its terms. The void contract is the one which is generally unenforceable.

The contract could be void because of many reasons like the contract need one party to perform that act which is impossible or in that case, where one party is not mentally incompetent.

So, in this case, the contract is most likely to be void as the contract with the party who is mentally incompetent, though the party has not been adjudged through court.

6 0
3 years ago
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