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coldgirl [10]
2 years ago
6

Suppose the equilibrium wage for fast food restaurant workers is $12 per hour. What does that mean?

Business
1 answer:
beks73 [17]2 years ago
4 0

Answer:

This means that the wage of $12 per hour is the wage in which labor supply (the workers) and labor demand (that is demanded by firms) meet and reach market equilibrium.

If the wage was raised, for example to $13 or $14 per hour, there would be an oversupply of fast food workers, leading to unemployment. And if the wage was lowered, for example to $12 or $11 per hour, there would be a higher demand for workers than the supply, leading to a labor shortage for some fast food restaurants.

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According to the IS–LM model, if Congress raises taxes but the Fed wants to hold income constant, then the Fed must ______ the m
abruzzese [7]

Answer:

Increase

Explanation:

Population net income consists of the difference between labor income and expenditure. If the government adopts a contractionary fiscal policy, that is, increases taxes, the net income of the population will decrease, since part of the income will be directed to the payment of taxes. For the Fed to compensate for this decline in income, an expansionary monetary policy will have to be adopted, ie the Fed must act to stimulate the population's income. The increase in money supply has the effect of warming the economy in the form of higher demand and higher wages. This is the form of compensation between two different policies, one contractionist and one expansionist.

6 0
3 years ago
Carla has $10,000 that she would like to save for retirement.
coldgirl [10]

Answer:

higher, stocks, flunctuates, risk, bonds, interest

Explanation:

The chosen responses are the best from the options provided. First, to earn a higher long-term rate of return, stocks offer a higher interest rate than bonds and the reason being that they are riskier.

Stocks belong to the owners of an organisation and as such, they are only entitled to interest after the interests of bond owners and preference stock holders have been settled. Meaning, despite the higher rates of interest offered, it is riskier to be a stock holder than a bond holder

Bond on the other hand, are not equity or company ownership units, they represent debts that the company must pay fixed interest rates on. Although we have the convertible to stock and the non-convertible bonds. However, bonds may be safer due to the fixed interest rates that must be paid but interests are lesser than stocks and irrespective of a company's profitability, a bond holder is only entitled to the fixed interest rate unlike the stock holder who enjoys higher dividends as a result of improved profitability.

4 0
3 years ago
One definition of ____ is borrowing money to make a large purchase with the
ololo11 [35]
The answer would be C. Investment
5 0
3 years ago
Read 2 more answers
One example of a primary market transaction would be the: sale of 100 shares of stock by maria to her best friend. purchase by t
Korolek [52]
In the primary market investors buy securities directly from the company issuing them while the secondary market, investors trade securities among themselves, and the company with the security being traded does not participate in the transaction. Therefore, an example of a primary market transaction would be the sale of 1000 shares of newly issued stock by Alt Company to Miquel.
8 0
3 years ago
Jang-mi owns her own cleaning business and posts on local message boards online to advertise her business. Customers can reach o
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(C) Direct marketing.

<h3>What is telemarketing?</h3>
  • Telemarketing is a form of direct marketing in which a salesman calls potential clients to ask them to purchase goods or services.
  • This can be done over the phone, during a prearranged in-person meeting, or by web conferencing.
<h3>What is microtargeting?</h3>
  • Direct marketing datamining techniques that use predictive market segmentation are part of microtargeting, which is frequently used by political parties and election campaigns.
<h3>What is direct marketing?</h3>
  • The act of presenting an offer directly to a target client and providing them with a way to respond immediately is known as direct marketing.
  • It is sometimes referred to as direct response marketing among practitioners.
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<h3>What is the sharing economy?</h3>
  • The sharing economy is a socioeconomic structure based on capitalism that emphasizes resource sharing.
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Therefore, the correct answer is (C) Direct marketing.

Know more about direct marketing here:

brainly.com/question/14457086

#SPJ4

3 0
1 year ago
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