It Is Best Not to Pay Wages and Salaries by

question 70

Multiple Choice

It is best not to pay wages and salaries by

• A) cash.
• B) a check from the regular cash account.
• C) the direct-deposit method.
• D) a check from the payroll cash account.

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Definitions:

Complement

A good or service that is used together with another good or service, increasing demand for one another (e.g., printers and ink cartridges).

Economist Expectation

The forecasts or predictions about economic factors like inflation, growth, or interest rates made by economists.

Quantity Demanded

The specific amount of a good or service that consumers are willing and able to purchase at a particular price.

Economic Profits

Profits calculated by subtracting both the explicit and implicit costs from total revenues, representing the additional value created beyond all opportunity costs.