For example, the sticky-wage theory asserts that output prices adjust more quickly to changes in the price level than wages, in part because of long-term wage contracts. suppose a firm signs a contract agreeing to pay its workers $15 per hour for the next year, based on an expected price level of 100. if the actual price level turns out to be 110, the firm's output prices will , and the wages the firm pays its workers will remain fixed at the contracted level. the firm will respond to the unexpected increase in the price level by the quantity of output it supplies. if many firms face similarly rigid wage contracts, the unexpected increase in the price level causes the quantity of output supplied to correct the natural level of output in the short run.

Which of the following tasks would be a line cook's main responsibility? oa. frying french fries ob. chopping onions oc. taking inventory of stocked dry goods od. paying invoices

The following information relates to the pina company. date ending inventory price (end-of-year prices) index december 31, 2013 $73,700 100 december 31, 2014 100,092 114 december 31, 2015 107,856 126 december 31, 2016 123,009 131 december 31, 2017 113,288 136 use the dollar-value lifo method to compute the ending inventory for pina company for 2013 through 2017.

In 2018, laureen is currently single. she paid $2,800 of qualified tuition and related expenses for each of her twin daughters sheri and meri to attend state university as freshmen ($2,800 each for a total of $5,600). sheri and meri qualify as laureen’s dependents. laureen also paid $1,900 for her son ryan’s (also laureen’s dependent) tuition and related expenses to attend his junior year at state university. finally, laureen paid $1,200 for herself to attend seminars at a community college to her improve her job skills.what is the maximum amount of education credits laureen can claim for these expenditures in each of the following alternative scenarios? a. laureen's agi is $45,000.b. laureen’s agi is $95,000.c. laureen’s agi is $45,000 and laureen paid $12,000 (not $1,900) for ryan to attend graduate school (i.e, his fifth year, not his junior year).