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mr Goodwill [35]
2 years ago
14

An increase in the real wage rate ________ the quantity of labor demanded, ______ the quantity of labor supplied, and when the l

abor market is in equilibrium,_________
Business
1 answer:
svlad2 [7]2 years ago
7 0

An increase in the real wage rate decreases the quantity of labor demanded, increases the quantity of labor supplied, and when the labor market is in equilibrium, equates demand and supply of labor.

<h3>What is real wage rate?</h3>

Real Wage Rate in economics refers to the result obtained by dividing the nominal wage rate by the prices of goods.

It is used as a more accurate measure of how much the spending power and is also an indicator of the standard of living of workers.

Learn more about real wage rate at:
brainly.com/question/6342231

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Vac N' Sew will give customers $100 for a used vacuum cleaner, regardless of condition, when they purchase a new vacuum or sewin
kondor19780726 [428]

Answer:

Trade-in allowance

Explanation:

A trade-in allowance is a type of discount in which the price of a good is reduced by the value of a another good that the buyer gives to the seller.

In this question, we have a trade-in-allowance because buyers give a product (a used vacuum cleaner) valued at $100 in exchange for a discount by the same amount of the total price of the new vacuum that they want to buy.

8 0
3 years ago
An expansion is: a period in which the economy is growing at a rate significantly below normal. a period in which the economy is
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Answer:

A period in which the economy is growing at a rate significantly above normal.

Explanation:

The economy experiences relatively fast growth during the expansion process, interest rates continue to be small, output rises and inflationary pressures are building up. Once the economy reaches a low point, the cycle peak is reached, and development starts to recover.

Expansion is sometimes described as the first step in the business cycle, but this is an arbitrary point of departure, here the economy has a constant stream in the supply of capital, and the investment booms.

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3 years ago
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What are the objectives of a social enterprise?
Alexxx [7]
A social enterprise is a business that aims to achieve a particular public or community mission (social, environmental, cultural or economic), and reinvests the majority of its profits into achieving that mission.
8 0
3 years ago
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If a great many data values closer to the left of a data distribution which then tails off to the right the distribution is refe
Vadim26 [7]

If one tail is longer than another, the distribution is skewed. These distributions are sometimes called asymmetric or asymmetrical distributions as they don’t show any kind of symmetry.

A left-skewed distribution has more values on the left of the distribution.

8 0
3 years ago
Salim has an investment worth $300,000. The investment will make a special payment of X to Salim in 2 years from today. The inve
sasho [114]

Answer: $‭20,455.66

Explanation:

These are fixed payments per year so it is an annuity.

The present value annuity factor for a discount rate of 10% and 6 years duration is 4.3553.

The present value of the investment is therefore;

= 65,000 * 4.3553

= $283,094.5‬0

The special payment in 2 years from today will be;

Special payment = future value of difference between investment amount and investment present value

= (300,000 - 283,094.5‬0) * ( 1 + 10%)^2

= $‭20,455.66

7 0
3 years ago
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