When Unemployment Is Low, Wages Tend to

question 27

Multiple Choice

When unemployment is low, wages tend to

• A)increase at a high rate.
• B)decrease.
• C)be low.
• D)remain static.

---

Definitions:

Fund Accounting

A system of accounting used primarily by non-profit or governmental organizations where resources are categorized into funds according to their designated purpose or restrictions.

Not-for-Profit Organizations

Entities that operate for purposes other than generating profit, focusing instead on social, educational, or charitable objectives.

Restricted Fund Method

An accounting practice where funds are designated for specific purposes and are restricted from general use.

Donation Revenue

Income received from donations, often pertaining to non-profit organizations.