b. a maximum wage that firms may pay workers.
c. a minimum wage that firms may pay workers.
d. both a minimum wage and a maximum wage that firms may pay workers.
Answer:
A minimum wage that firms may pay workers (Option C)
Explanation:
A minimum wage is the lowest pay, wage or salary permitted by law for employers to pay their workers. In other words, a minimum wage is the price benchmark which workers should not go below in offering labor.
Minimum wages are legally established to protect or guard workers against unduly low pay or exploitation. Most countries of the world have minimum wage legislation that was introduced before the end of the 20th century.
Minimum-wage laws dictate the minimum wage that firms may pay workers. They don't set an exact or maximum wage, allowing firms to pay more based on various factors.
Minimum-wage laws govern c. a minimum wage that firms may pay workers. These laws are put in place to ensure that workers receive a basic level of compensation for their labor. In other words, they set a baseline wage that employers cannot legally go below.
However, it's essential to note that minimum wage does not represent a universal wage. Companies are free to pay above the minimum wage based on the demand for labor, skill levels, experience, job performance, and other factors.
These laws are important for protecting workers from exploitation and solving income inequality to some degree.
#SPJ6
Checks are the most widely accepted form of payment
Debit Cards often have a higher interest rate than Credit Cards.
Debit cards offer the highest level of fraud protection.
B. businesses are producing more than they can sell and works are being laid off
C. prices are dropping and the value of money is rising
D. business production is near full capacity and there is little unemployment
Well that depends if their collusion was done lawfully or unlawfully. If they followed guidelines under their law then they did nothing wrong. However, if they colluded to manipulate the economy for their own gain and did it contrary to the law then they guilty of a criminal offense. That is true no matter what company or country does that.
b. Will you advise borrowing short or long term?
Answer:
a. Interest rate will rise.
b. Borrowing on short term
Explanation:
A. The interest rate will likely go up if government embark on major infrastructure plan in the future. The reason for the rise is that it`s assumed that government will borrow to finance the infrastructure plan and when government borrows, there will be less money in the economy which will make credit scarce and interest rate to rise because of the depleting credit level in the economy.
B. I will advise to borrow on short term because of the impending rise in interest rate. If borrow on short term, the fluctuation in the interest rate will unlikely affect the short term facility. In contrast, if borrow on long term, the impeding rise in the interest rate might increase finance cost for the firm in servicing the facility and also erode the facility value.
B. money market
C. primary market
D. secondary market
Answer:
C. primary market
Explanation:
The primary markets also known as financial asset issuance markets, are physical or virtual-electronic places where the collection of public funds by a company is made, through the issuance of new securities. That is, investors obtain newly created securities, which they acquire directly from the issuer (as opposed to secondary markets, in which previously issued securities that were held by other investors are traded).
However, purchases or sales of securities that were already in circulation, when made through a public offering, are also considered primary market operations.
The primary market is right because there are some financing claimants, the issuers of the securities, which require capital and who can try to obtain it through the issuance of securities. These values may be capital (equities) or debt (fixed income).
In the first case, variable income assets are issued, which may pay dividends in the future to the owners of the shares, whose value will be negotiated in the secondary market, suffering variations over time, so, of some form, one could say that the remuneration will be variable and dependent on the result obtained by the company; both in the case that the holder of the title waits for dividends to be paid and in the case in which he decides to sell the title he owns in the secondary market.