When a union raises the wage above the equilibrium level, it reduces the quantity of labor supplied and raises the quantity of labor demanded, resulting in unemployment.
Al is considering making a purchase from an online merchant.Discuss the relative advantages Al has if he uses a credit card or a debit card for the purchase.
A credit card payment may be stopped,but a debit card payment cannot be stopped if a purchase is defective or an order is not delivered.Payment by credit card gives greater protection to Al.
The first step in planning an oral report involves:
A) determining methods of adapting to an audience. B) organizing the content of the report. C) determining the channel of communication. D) planning the interaction session with the audience. E) determining the objective.
Failure to prepare an adjusting entry at the end of the period to record an accrued expense would cause
A) net income to be understated. B) an overstatement of assets and an overstatement of liabilities. C) an understatement of expenses and an understatement of liabilities. D) an overstatement of expenses and an overstatement of liabilities.