Answer:
price floor
Explanation:
A price ceiling is a limit that is established by the government that determines the highest price that can be charged for a product or service.
A price floor is a control that is established by the government that determines the lowest price for a product or service.
According to this, the answer is that the minimum wage is an example of a price floor because it determines the minimum amount that a company can pay to a worker.
The other options are not right because a price ceiling establishes the highest price for a product and price door and price wall are not price controls.
Answer:
Net income of Y3K, Inc. is $155.83
Explanation:
Debt-to-equity ratio is calculated by using formula:
Debt-to-equity ratio = Total debt (or liabilities)/Total equity
Total debt (or liabilities) = Debt-to-equity ratio x Total equity = 1.1 x Total equity
Basing on accounting equation:
Total assets = Total liabilities + Total equity = 1.1 x Total equity + Total equity = 2.1 x Total equity
Total equity = Total assets/2.1 = $2,975/2.1
Return on equity (ROE) = Net income/Total equity
Net income = Return on equity (ROE) x Total equity = 11% x ($2,975/2.1) = $155.83
Answer:
grassroots
Explanation:
From the question we are informed about A conservation organization conducted several negotiations with the government to prevent the dissemination of mercury in several food products. Since the negotiations with the government were unsuccessful, the organization prepared a press release and used its website, social media, and email to reach its audiences to support its cause. In this case, the term used to define the organization's approach is grassroots lobbying because it resorted to indirect tactics to achieve its goal.
Grassroots lobbying can be regarded as an approach which is separated from direct lobbying using the act or process that involves asking out general public so they can contact legislators as well as government officials partaining to any issue that is at hand, this act is different from conveying the issue or message at hand directly to the legislators.
Answer:
The correct answer is c. reformation.
Explanation:
The reform is usually an initiative or a project that seeks to implement an innovation or achieve an improvement in some system or structure. Said reform may be made on something physical and concrete (such as a house), or on a symbolic or abstract question (a law, a mode of organization, etc.).
To reform legislation, the implementation of various mechanisms depending on the country or region is required. In general, a broad social consensus and agreement between different political sectors is required.
Answer:
Increase by more than $500 billion.
Explanation:
Use the below formula to find the multiplier effect.
Multiplier = 1 / (1-MPC)
Multiplier = 1 / (1 - 0.8)
Multiplier = 1 / 0.2
Mulitiplier = 5
GDP increase by = 5 x 100
GDP increases by = $500
Since the multiplier is five and the increase in transfer by $100 that will have multiplier effect of $500. Thus option "a" is correct.
