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Lemur [1.5K]
3 years ago
10

The nation's total wealth almost tripled between 1920 and 1930, while wage workers enjoyed record-breaking increases in average

income. true
Business
1 answer:
Romashka [77]3 years ago
7 0
This statement is false.
The nation's total wealth didn't almost triple, it almost doubled between those years, whereas the rest of the sentence is indeed correct. The living standard in America was great - everyone was prosperous and could afford to live better than ever, at least for a while.
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Suppose the downward sloping labor demand curve shifts rightward in a labor market with a single employer (monopsony). What happ
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Answer:

  • Equilibrium wage increase
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Explanation:

A shift rightward in the labor market of a single employer would imply that the employer wants more labor. They will therefore increase the wages that they are paying their labor to entice more labor and the level of employment in the industry will increase as the employer hires more people.

Graphically speaking, when the labor demand curve shifts right, it will intersect with the labor supply curve at a higher equilibrium wage. The quantity of labor will also increase as it goes to a new equilibrium point.

7 0
3 years ago
At 6.5 percent interest how long does it take to double your money to quadruple it
Oksi-84 [34.3K]

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Use the Rule of 72 for doubling (72/interest rate= number of years to double) and the Rule of 144 to quadruple (144/interest rate= number of years to quadruple).

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3 years ago
Read 2 more answers
Esther lugo has gone for an interview at an advertising firm in manhattan and has been asked to complete a self-report survey to
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These characteristics about Lugo indicate her <u>"personality".</u>


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6 0
3 years ago
At December 31, 20X3, before recognizing any depreciation expense for 20X3, X Company has a machine with an original cost of $36
shutvik [7]

Answer:

If X Company uses the units of production method for calculating depreciation, depreciation expense in 20X3 will be (rounded):

$45000

Explanation:

Cost                360000  

Accum. Depre 90000  

Usefull life         7  

   

Produce 1 20000  

Produce 2 10000  

Produce 3 50000  

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Deprec=cost/unit    

   

Depre=360000/80000    

Depre= 4,5  

   

Produce 2012  20000 4,5 90000

Produce 2013  10000 4,5 45000

Produce rest   50000 4,5 225000

             80000 4,5 360000

7 0
3 years ago
If the price of a pencil is $1.00 and the price of a pen is $2.00, what is the relative price? If the pencil is $1.50 and the pe
Rudiy27
1) the relative price would be about $1.50 I think
2)  $2.00
3 $1.00
If these are wrong let me know please =) sorry if they are
3 0
3 years ago
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