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garik1379 [7]
3 years ago
6

There is no relationship between the level of education received and lifetime earnings.

Business
1 answer:
Mekhanik [1.2K]3 years ago
4 0

Answer: False

Explanation:

There is a relationship between the level of education that a person receives and the lifetime earnings. It should be noted that the more education that a person receives, the higher the lifetime earnings of such person will be.

For example, someone who has a doctorate degree is expected to have a higher lifetime earnings than someone who has a high school degree.

Therefore, based on the explanation given, the statement is false.

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The actual economy is more complicated than the one illustrated in the previous circular-flow diagram of a simple economy.
dsp73
It seem like there are information missing on the question posted. Let me answer this question with all I know. So here is what I believe the answer is, <span>the actual economy is more complicated than the one illustrated in the previous circular-flow diagram of a simple economy.</span>

Hope my answer would be a great help for you.    If you have more questions feel free to ask here at Brainly.
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4 years ago
Rollo is a member of smooth operators llc, a limousine service. rollo’s relationship to smooth operators ends, but the firm cont
JulsSmile [24]

Rollo is a member of smooth operators llc, a limousine service. rollo’s relationship to smooth operators ends, but the firm continues to do business. this is dissociation.

One way the mind deals with too much stress, such as during a traumatic experience, is through dissociation. Dissociation experiences can last for a very short period of time (hours or days) or for a very lengthy period of time (weeks or months). You could acquire a dissociative disorder if you disassociate for a prolonged period of time, especially if you're young.

Everyone has gone through this process before. Daydreaming, highway hypnosis, or "getting lost" in a book or movie are all instances of mild, everyday dissociation that include "losing touch" with awareness of one's immediate surroundings.

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4 0
2 years ago
George is going shopping for a new car to replace his old one. Which of these costs would be
uranmaximum [27]

The cost that would relevant in the choice of a new car is the the cost to operate the new vehicles.

<h3>What cost would be relevant?</h3>

The cost that would be relevant in the choice of a new car is the cost that is dependent on the type of car chosen. The cost to operate the new car would depend on the type of car chosen. If George buys a more fuel efficient car, the cost of running the car would be cheaper.

To learn more about cost, please check: brainly.com/question/27127934

4 0
2 years ago
1. B. Journalize the transactions for May, starting on Page 20 of the journal.*
jeyben [28]

Answer:

Rent Expense (Dr.) $5,000

Cash (Cr.) $5,000

Inventory (Dr.) $35,380

Accounts Payable Martin Co. (Cr.) $35,380

Accounts Receivable Korman Co. (Dr.) $62,000

Sales (Cr.) $62,000

Cost of Goods Sold (Dr.) $48,500

Inventory (Cr.) $48,500

Explanation:

Advertising Expense (Dr.) $21,800

Cash (Cr.) $ 21,800

Cash (Dr.) $62,000

Accounts Receivable Korman Co. (Cr.) $62,000

Customer Refund Payable (Dr.) $31,500

Cash (Cr.) $31,500

Sales Salaries Expense (Dr.) $12,000

Office Salaries Expense (Dr.) $ 38,000

Cash (Cr.) $50,000

Store Supplies Expense (Dr.) $2,200

Cash (Cr.) $2,200

8 0
3 years ago
Blackwelder factory produces two similar products-small lamps and desk lamps. the total plant overhead budget is $640,000 with 4
olasank [31]

Answer: b. $188,800 Blackwelder Company will allocates $188,800 to desk lamp production if the actual direct hours is 118,000.

We have the following:

Total Plant Overhead = $640,000

Total Estimated Direct labour hours = 400,000 hours

Actual labour hours for desk lamp = 118, 000 hours

Overhead allocation rate = \frac{Total overhead}{Total estimated direct labor hours}

Overhead allocation rate = \frac{640,000}{400,000}

Overhead Allocation Rate =  $1.6

Factory overhead allocated = Overhead allocation Rate * Actual labour hours [/tex] [tex] Factory overhead allocated = $188,800 (1.6 * 118,000)

3 0
3 years ago
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