If the Government Reduced the Minimum Wage and Pursued Expansionary

question 131

Multiple Choice

If the government reduced the minimum wage and pursued expansionary monetary policy,then in the long run

• A)both the unemployment rate and the inflation rate would be higher.
• B)both the unemployment rate and the inflation rate would be lower.
• C)the unemployment rate would be higher and the inflation rate would be lower.
• D)the unemployment rate would be lower and the inflation rate would be higher.

Distinguish between tangible and intangible assets within an organization.

Explain SWOT analysis and its significance in strategic management.

Understand corporate strategies and their applications within an organization.

Understand the historical context and consequences of the annexation of the Hawaiian Islands.

---

Definitions:

Distribution

The payment of dividends or assets to shareholders or partners from a corporation, partnership, or another type of entity.

Partnership

A type of business structure where two or more people share ownership, as well as the responsibility for managing the business and the income or losses it generates.

Ordinary Income

Income earned through salaries, wages, commissions, and interest, subject to standard tax rates.

Long-term Capital Gains

Profit from the sale of an asset held for more than one year, typically taxed at a lower rate than ordinary income.