A general decrease in wages will result primarily in the aggregrate demand curve shifting to the shifting to the right.
<h3>What is the impact in the decrease in wages? </h3>
When there is a decrease in wages, it becomes cheaper to hire labor. As a result, there would be an increase in the demand for labor. This would shift the demand curve for labor to the right.
The decrease in wages, would shift the long run aggregrate supply curve to the left.
To learn more about the demand curve, please check: brainly.com/question/25140811
1 ).which of the following is the term for day-to-day and long-term tasks you are assinged to complete?
Job responsibilities.
2 ). why is career planing important?
It can help you narrow down your options and get the training you need.
3 ). which statement was true in the past, but not generally true today?
Young people tend to go into the job that their parents and grandparents did.
4 ). which of the following statements is accurate?
People with the same job title may perform different duties.
5 ). which of these principles would be most helpful to a young person deciding on a career?
A realistic assessment of your abilities and interests will help you find an appropriate career.
<span>Henry must make set premium payments on his insurance policy until he dies, and if he cancels the policy he will receive the cash value. His plan is a whole life policy.</span>
Answer:
Land = $295,000
Building = $1,375,000
Explanation:
The computation of cost of the land and new building is shown below:-
Land = Parcel of land + Demolition of old building + Legal fees for title investigation and purchase contract - Salvaged materials resulting from demolition were sold
= $280,000 + $20,000 + $5,000 - $10,000
= $305,000 - $10,000
= $295,000
Building = Architect's fees + Construction costs
= $35,000 + $1,340,000
= $1,375,000
We simply applied the above formulas
