It would be the accumulation of assets and Liabilities would be the equal to the amount of Dante's capital.
For example, Let's say we know that Dante has $150,000 in capital and $ 50,000 in liabilities.
Dante's asset would be:
$150,000 - $ 50,000 = $100,000
which mean <span>He has $50,000 more in assets than in liabilities</span>
Answer:
Adverse selection of wage cuts
Explanation:
Adverse selection of wage cuts or Adverse selection in wages refers to the situation whereby there is adverserse selection in the labour market. Here the seller of labor is the worker, the buyer of labor is the employer.
It could occur where the worker or seller of labour has more information than the buyer, the employer, and thus tends to leave the organization when there is a wage cut because they know their productivity worth. It could also happen when the seller of labour has less information than the buyer and overestimates his worth.
Answer:
In 1786–87, <u>Shays Rebellion</u>, an uprising of farmers in western Massachusetts against the state court system, threatened the stability of state government and the Congress was powerless to help.
Explanation:
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