Answer:
The correct answer is option B.
Explanation:
According to the law of supply, ceteris paribus, there is a direct relation between price level and quantity supplied. This means that supply will increase with the increase in price level but only if other factors are held constant.
The increase in price will not lead to increase in output if the price of inputs is also increasing and in greater proportion than price of the product. With the the increase in input price, the cost of production will also increase. So the firms will not increase output.
Answer:
The correct answer is letter "A": A speculative bubble.
Explanation:
As prices grow beyond their true value, a speculative bubble develops. Bubbles may grow in economies, stock markets, housing markets, and other sectors whenever a shift in business behavior causes investors to chase returns that go beyond their reasonable expectations of return.
Bubbles continue to grow until investors discover that prices rise far above where they should be to the point that prices drop to a more realistic level when the bubble pops up.
Answer:
C
Explanation:
The drawee is the bank with which the drawer has an account.
Randall is an electrical assistant and receives an hourly wage. He is eligible for overtime pay which makes him a nonexempt employee.
<h3>Who is a nonexempt employee?</h3>
A non-exempt employee is an employee who is eligible to get a minimum range of salary and overtime payment for which he or she works.
- Exempt employees and nonexempt employees are differentiated under the Fair Labor Standards Act (FLSA)
- Any job governed by a different federal labor law would likely be excluded from FLSA requirements
- There are other classifications of employees in addition to exempt and non-exempt including trainees, interns, temporary workers, and volunteers are also covered in which they have their pay requirements under the FLSA or state law
- Nonexempt employees do not come under managerial positions, they are enrolled with less responsibilities compared to exempted employees
To learn more about Exempt employees and nonexempt employees, refer to:
brainly.com/question/28136801
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