Answer:
<u>involuntary employment</u>
<u>Explanation:</u>
The Post-Keynesianism view is that effective demand is the main determinant of economic performance.
Thus, Keynesianism states that in an economy where there is a significant reduction in demand, it will affect the labor market which further leads to lower wages.
For example, an airline that has 100 workers is experiencing a sharp decline in demand (of flight bookings) because of a government lockdown may decide to cut down their staff capacity ad a result. leading to <u>involuntary employment.</u>
Answer:
Explanation:
Question 27
If Wheat Company had used the FIFO inventory method, income before income taxes would have been $75,000 higher in the current year. As inventory is an asset to the company. Therefore the $75,000 in inventory would have increased the company's asset and increasing the income before taxes.
Question 28
Other things held constant, which of the following will NOT affect the current ratio, assuming an initial Not yet current ratio greater than 1.0?
C. Accounts receivable are collected in cash.
Current ratio measures a company's ability to pay short-term obligations as at when due. It indicates that a company can manage its debts and other payable when their current assets is well managed.
It is calculated as Current Asset/ Current Liability. A ratio of 1 and above is the best meaning that a company an manage its debts obligations well.
Answer:
<em>CONCEPT</em>
Explanation:
It is known as <em>"CONCEPT"</em> in which the meanings collections are been accepted and associated with characteristics with certain objects and situations and conditions and events as well as behaviors.
<em>In this it also classifies the events and as well as objects that are carrying similar characteristics. </em>
We can also abstract such kind of meaning with are experience of abstraction.
Answer:
Globalization
Explanation:
Globalization is the seamless exchange of goods, technology, idea, culture, e.t.c across national boundary which is highly facilitated by collapsing or eliminating artificial barriers which hitherto made trade and communication difficult of almost impossible.
Globalization provides a platform for international integration and global connectivity among individuals, firms and government across international boundary.
