Economics Answers

If the minimum wage were increased to $20 per hour, how many of your classmates do you think would look for a job? How many jobs do you expect they would find? How is this an example of a price floor?

What does productivity mean

suppose that the interest elasticity of investment demand is zero.what will be the resulting slope of the IS schedule. explain

n 2001, Larry creates a trust with Ted as trustee. Ted (as trustee) may distribute income and principal to Susie, Jeff and Leon at his discretion to provide for their health, education, maintenance, and support. Upon Larry's death, the trust terminates and the remainder is distributed to Susie, Jeff and Leon in equal shares. In 2012, Larry dies. In 2012, the trust has $15,000 of interest and $15,000 of dividends. Additionally, the trust received $115,000 for the sale of an asset with a basis of $100,000. How much income does each of Jeff, Susie, Leon and the trust report for 2012 and why?

In 2012, Larry creates a trust with Ted as trustee. Ted (as trustee) may distribute income and principal to Susie, Jeff and Leon to provide for their health, education, maintenance and support at his discretion. In 2012, the trust has $15,000 of interest and $15,000 of dividends. Additionally, the trust received $115,000 for the sale of an asset with a basis of $100,000. In 2012, $15,000 is distributed to Susie, $10,000 is distributed to Jeff and $5000 is distributed to Leon. How much income does each of Jeff, Susie, Leon and the trust report for 2012 and why?

In 2001, Larry creates a trust with Ted as trustee. Ted (as trustee) must distribute all income to Jeff and Susie equally. Additionally, distributions of principal may be made to Jeff, Susie, and Leon at Ted's discretion. In 2012, the trust has $10,000 of interest and $10,000 of dividends. Additionally, the trust received $100,000 for the sale of an asset with a basis of $90,000. In 2012, $20,000 is distributed to Jeff, $30,000 is distributed to Susie and $40,000 is distributed to Leon. How much income does each of Jeff, Susie, Leon and the trust report and why

If people do not hold cash money multiplier will be equal to 1. True or False explain.

If people do not hold demand deposits central bank money and money supply will be equal to each other. True or False explain.

Which of the following items describe the effects of an entrepreneur’s actions? Select all that apply.
creating new jobs
inventing a new product
opening a new store
providing more products

The National Development Plan of 2011 was developed in light of the nine challenges: Too few people work, quality of school education for black people is poor, infrastructure is poorly located, inadequate and under-maintained ext