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Ket [755]
3 years ago
9

Since nominal wages were constant as the price level changed, you explain that a decrease in the price level leads to an _______

___, which leads to firms ________
Business
1 answer:
Wittaler [7]3 years ago
6 0

Answer:

increase in real wages, hiring less workers

Explanation:

In the case when the nominal wages are remain same but at the same time the level of the price should changed so if there is an decrease in the level of the price so that means there is an increased in the real wages as it is an inverse relationship between the real wages and the price level due to this the firm could hired less workers as the wages are increased

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Ted is a senior employee at an IT firm. The top management of the firm permits him to take up a full-time temporary position at
netineya [11]
<h2>This is an example of "externship"</h2>

Explanation:

Externship is the training program or a training given to the employee temporarily to upgrade his skills.

There is a difference between "internship and externship".

Internship is given to a beginner. It's like on-the job training where they will be paid some minimum amount as salary.

Externship is for the person who is experienced. This would give practical experience. Here apply classroom lessons in the real word. We also get a chance to meet other professional.

8 0
4 years ago
Davidson Company has 10,000,000 common shares issued and 400,000 shares of treasury stock. The stock's par value is $2 per share
emmainna [20.7K]

Answer: See explanation

Explanation:

Based on the information given in the question, the increase or decrease in the retained earnings will be calculated as:

= (10,000,000 - 400,000) × 15% × $15

= 9,600,000 × 0.15 × 15

= 21,600,000

The retained earnings will decrease by $21.6 million

The options given aren't correct.

6 0
3 years ago
What economic theory would be most likely to make a person oppose taxing imports?
aleksklad [387]

The economic theory most likely to make a person oppose taxing imports is "<u>Laissez-faire"</u>

"Laissez-faire" is an economic theory that opposes the government's involvement in economic affairs.

Imposing a tax on imports can have implications for local businesses.

Thus, this theory gained popularity in the USA in the 18th century opposing the government's intervention in economic affairs.

It's a French phrase that means "Let us do," because people believed that imports and exports should be managed by states and not the central government.

Scholars believed that economies go down when governments start imposing taxes on imports.

If you need to learn more about Laissez-faire, click here:

brainly.com/question/23946713

#SPJ4

5 0
2 years ago
By definition, imports are Group of answer choices people who work in foreign countries. limits placed on the quantity of goods
Naddik [55]

Answer:

goods produced abroad and sold domestically.

Explanation:

Exports are goods produced in the domestic economy and sold abroad.

Quotas limits placed on the quantity of goods leaving a country.

Countries trade goods for which they have comparative advantage and not absolute advantage.

I hope my answer helps you

5 0
3 years ago
A customer, age 60, has a fixed annuity contract with a value of $16,000. The cost basis in the contract is $10,000. If the cust
g100num [7]

Answer:

$5,000 taxable

Explanation:

In this scenario, the tax consequence of withdrawal will be $5,000 taxable. This is because annuity contract contributions are not tax-deductible, meaning that the original contribution of $10,000 has already been taxed. Therefore in this situation all $5,000 will be taxable, luckily since the individual is over the age of 59 1/2 then the distribution is not subjected to a 10% penalty tax for premature distribution.

6 0
3 years ago
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