<span>The OSH Act was designed so that everyone in the workforce would have as safe an environment as possible. This Act ensured that there would be a set of standards put forth that would ensure that employees and employers would both be aware of what constituted "safety" in a working environment, and the actions that could be taken if a workplace was not made safe for everyone involved.</span>
It is important to look at many different companies in which to invest your money in because you will be able to compare which company has the greatest advantage among others so that you will not only have a sure return on your investment but also a higher return
Answer:
The demand curve will shift to the left thus, decreasing the both, the level of price and the output of the economy.
Explanation:
increase in taxes x tax multiplier = effect of taxes
150 billons x -1.3 = -195 billions
This will make the aggregate demand decrease.
However, if this increase in taxes is backed up with government spending will end up with a positive effect as the governement spending also has a multiplier effect which is greater than tax multiplier by one unit.
Answer:
The total market value of final goods and services produced in an economy in some time period.
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Net export = exports – imports
When exports exceed import there is a trade deficit and when import exceeds import, there is a trade surplus.
Items not included in the calculation off GDP includes:
1. services not rendered to oneself
2. Activities not reported to the government
3. illegal activities
4. sale or purchase of used products
5. sale or purchase of intermediate products
The cost of goods sold in a retail store totaled $325,000. fixed selling and administrative expenses totaled $115,000 and variable selling and administrative expenses were $210,000. if the store's contribution margin totaled $590,000, then sales must have been: 1,125,000