Answer:
A subcontractor is a company or person who is hired by a general contractor (or prime contractor, or main contractor) to perform a specific task as part of the overall project and is normally paid for services provided to the project by the originating general contractor.
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Answer:
$0.6
Explanation:
Nominal interest rate (i) = 9% = 0.09
Output (Y) = 1,000
Money supply(M) = 1,200
==> (M/P)^d = (0.6Y) / i^(1/2)
==> 1200/P = 0.6*1000 / 0.09^(1/2)
==> 1200/P = 600 / 0.3
==> 1200/P = 2000
==> 1200 = 2000 * P
==> P = 1200/2000
==> P = $0.6
Therefore, the price level is $0.6
The opportunity cost of attending class is the $15 that could have been made by watching a neighbor's child.
Opportunity cost refers to the benefits that one gives up in order to enjoy another benefit, that is, the benefit that is sacrificed.
In this question, two benefits are given up, but the real opportunity cost is the one that have the highest value, which is the $15.
This kind of program could be like rehabilitation such as may be provided in a half-way house for people coming out of jail which is designed to help the ex-prisoners to stop the use of illicit drugs, improve socialization skills and find meaningful employment so they can get back on their feet again. Where I live in the province of BC in Canada, it is law that a person can not be barred from employment if his offence was not related to his/her work.
<span>An employee is in a BOND when a company purchases an insurance policy against losses from theft by that employee.
Every business owners are advised to bond their employees under Employee Theft Bond upon hiring. This is to protect their businesses from employee theft and avoid possible bankruptcy. Despite rigorous filtering of new hires, there is still a big possibility that employees will steal from the company especially if company transactions are mostly done in cash to cash basis. </span>
