1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
charle [14.2K]
4 years ago
9

Draw a labor supply curve and a labor demand curve. Label them LS0 and LD0. Draw a point the equilibrium quantity of labor and t

he equilibrium real wage rate. Label it 1. Draw and label a curve that shows the effect of an increase in labor productivity. Draw a point at the new equilibrium quantity of labor and the equilibrium real wage rate. Label it 2. An increase in labor productivity increases potential GDP because​ ______.
Business
1 answer:
Kaylis [27]4 years ago
6 0

Answer:

employment increases and a given amount of employment produced more real GDP.

Explanation:

Labor productivity is the measurement of the hourly output of a country's economy. This tells us the amount of GDP that is produced by an hour of labor. On the other hand, GDP (Gross Domestic Product) is the monetary value of all goods and services within a country in a specific period of time. Therefore, when we have an increase in labor productivity, we also have an increase in potential GDP because employment increases and a given amount of employment produces more real GDP.

You might be interested in
Major E. has just opened a cooking school focusing on basic meals for new cooks. Each student pays $15 per class and receives al
Shalnov [3]

Answer:

It will need to collect 800`s $15 class

Assuming 4 clases per month

200 student

Explanation:

Sales \: Revenue - Variable \: Cost = Contribution \: Margin

15 - 6 = <em>9 Contribution Margin</em>

<em />

<em>Fixed Cost</em>

2 employee 2,400

mayor salari 1,800

equipment dep 1,000

utilities 240

Total fixed 5,440

\frac{Fixed\:Cost + Target\: Profit}{Contribution \:Margin \:Ratio} = Sales\: to\: Profit{dollars}

(5,440+1,760)/9 = 800

7 0
4 years ago
Which of the following is an advantage of gathering data with surveys?
julia-pushkina [17]
The correct option is A.
A survey is a process of gathering data and a number of different instrument can be used to gathered information during the course of a survey. An example of these instrument is questionnaire. Survey has many advantages and one of them is that uncover pattern of ideas.
5 0
3 years ago
Read 2 more answers
Jole Co. lent $10,000 to a major supplier in exchange for a noninterest-bearing note due in three years and a contract to purcha
Lisa [10]

Answer:

Discount on note receivable and deferred charge.

Explanation:

The present value of the notes receivable has to be recorded by Jole Co. The reason this should be recorded as discount on note receivable is that the $10,000 will not be paid immediately but will be due for payment 3 years from the date the note was issued.

A deferred charge is an expense paid in advance and it is recorded and carried forward yearly in the balance sheet as an asset until when it is totally consumed or used. The 10% discount received by Jole Co. in the exchange agreement is a payment in advance and it will be recorded by Jole Co. as deferred charge. The reason is that it is a discount on the future purchase from the supplier over the next three years of a given amount of merchandise from the market price list.

I wish you the best.

6 0
3 years ago
Which of the following statements regarding the direct and indirect methods of reporting cash flow from operating activities is
erica [24]

Answer:

a) although both methods result in the same net increase or decrease in cash for the year, net cash flow from operating activities will be different under the two methods

Explanation:

Using the indirect method, computation of cash flow from operating activities begins with net income as shown in the income statement. The FASB also permits both methods but has expressed a preference for the direct method and the direct method shows the specific cash inflow and outflows for each operating activities of the business.

This option that does not align with the differences between the 2 methods is that the cash flow reported under direct and indirect method for operating activities would always remain the same notwithstanding the method used.

3 0
3 years ago
Explain how aggregate demand changes when the government increases taxes by​ $100 billion. Aggregate demand​ ______.
Mrac [35]

Answer: D. decreases by less than $100 billion because the tax multiplier is negative

Explanation:

If the Government were to increase taxes then it would reduce the amount of money for spending (disposable income) that people have to be able to buy goods and services.

As a result they will buy less goods and services but this would be less than the $100 billion tax imposed on them because the effect of the tax multiplier is negative.

Tax Multiplier = -Marginal Propensity to Consume / (1 - MPC)

4 0
3 years ago
Other questions:
  • quilibrium in the money market exists when a. excess demand for money is equal to the quantity demanded of money at a given inte
    11·1 answer
  • _______ made a pilgrimage to arabia with 12,000 servants, each carrying a bar of gold.
    5·1 answer
  • Is the national society of high school scholars a legitimate organization?
    11·1 answer
  • Describe six common categories of product features and include an example of each
    11·1 answer
  • Select which government was granted each of the powers listed. Coining of money Fire and police protection Schools Army and Navy
    11·1 answer
  • A small craft store located in a kiosk expects to generate annual cash flows of $6,800 for the next three years. At the end of t
    6·1 answer
  • The operations vice president is adjusting the production quantities for the upcoming month of March for the coal company. Last
    15·1 answer
  • Most resources are nonrenewable, and wants and needs are limited. This is an example of?
    14·1 answer
  • What indicators of Effective communication in an organization​
    10·1 answer
  • Riverboat Adventures pays $330,000 plus $11,000 in closing costs to purchase real estate. The real estate consists of land appra
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!