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KengaRu [80]
2 years ago
6

Andy has been asked to report at a war zone to serve as an officer in the army. Which of the following statements is true in the

context of the given situation?
a) Andy's employer can require him to take three weeks of paid vacation while he is deployed.
b) Andy's employer is required by federal law to pay him the difference between his military pay and his civilian pay.
c) Andy's employer is required to give him military leave. But, if Andy has been called for training, he should use his personal vacation days rather than take leave.
d) Andy's employer is not required by law to continue to pay him either in total or in part.
Business
1 answer:
Nutka1998 [239]2 years ago
4 0
D, and A, are extremely INCORRECT!

The correct answer is C.
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Answer:

flexibility

Explanation:

According to classical economists, the price-wage-interest rate flexibility refers to a combination of flexible factors that maintains economic stability:

  • Flexible interest rates keeps the money markets (loans) in equilibrium.
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Therefore, if spending declines, the economy will self-adjust using flexible interest rates (interest rates should lower), flexible wages (wages should lower) and flexible prices (prices should lower) until the economy rebounds.

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Answer:

A) The issuance of bonds on December 31, 2016.

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3 years ago
Paul consumes only books and DVDs. At his current consumption​ bundle, his marginal utility from DVDs is 23 and from books is 5.
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Answer:

Paul is not maximizing his utility because MUd/Pd is greater than MUb/Pb

Explanation:

Marginal utility is the extra satisfaction derived from spending an additional unit of money on consuming a particular product or service.

In order to determine if he is maximizing his utility, we must calculate his utility per dollar, and this is done by dividing his Marginal Utility by the price.

Marginal Utility per dollar of DVDs is:

MUd/Pd = 23/11 = 2.09

Marginal Utility per dollar of books is:

MUb/Pb = 5/3 = 1.67

Utility is maximized when MUd/Pd is equal to MUb/Pb and Paul has exhausted his budget.

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The Quick ratio will be less than before because the number of current assets will not change but the amount of current liabilities will change as the goods were purchased on credit. With a larger denominator, the resultant ratio will be less than before.

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