Wages would fall as the number of workers available grows. Landowners in Louisiana will earn more rent as the demand for land increases.
<h3>What is the
law of demand and supply?</h3>
The law of supply and demand is still in effect:
Wages: when the amount supplied increases, but the quantity required does not, the price falls.
When the quantity required increases without the quantity supplied increasing, the price rises.
Thus, Wages would fall as the number of workers available grows.
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Answer:
The loanable funds supply curve (S1) will not shift.
Explanation:
When the interest rates change, it is similar to a change in the price of a good. In this case the good is money and the interest rate is its price. A change in the price of a good will result in a change of the quantity supplied along the supply curve, but it will not shift the entire curve, therefore the curve S1 remains the same.
<h2>Uniform Guidelines on Employee Selection Procedure</h2>
Explanation:
This procedure is used to make
- employee decision
- including interviews
- work samples
- physical requirement
- evaluation of performance
- review experience from application form
These set of procedures are designed so that the nation's goal is achieved. Any employment opportunity should be given irrespective of colour, race, sex, religion, etc.
These are designed to help / support,
- employer
- labor organization
- employment agencies
- licensing and certification board, etc
Minor criminal offense, specifically a strict liability offense. Strict liability refers to an offense made regardless of the the intent of action. In other words, even if you have no malicious intent, you are still liable for the offense. Another example is possession of drugs.
Answer:
The following are the disadvantages and the advantages of bottom-up budgeting approach are as follows:
<u> Advantages of bottom-up budgeting approach:</u>
- The bottom-up budgeting approach helps in making the decisions very quickly as compared to all other budgeting methods.
- The main benefit of the bottom-up budgeting approach is that it helps in aligned the project goals in an organization by giving the specific direction.
- It helps in understand the resources, needs, expenses and the cost of each department in an organization.
<u> Disadvantages of bottom-up budgeting approach:</u>
- The bottom-up budgeting approach is complex as it sometimes cause misrepresent the budget figures in the given data.
- In this budgeting method there is also a lack of context and also expertise.
