If the demand for software engineers (increases) slower than does supply, then wages of software engineers will (fall).
The "law of supply and demand" is also true in labor markets; that is, if the increase in demand for software engineers is slower than the increase in its supply, wages fall.
If the demand for software engineers increases at a slower rate than the supply, then the wages of software engineers will indeed fall.
When the demand for software engineers increases at a slower rate than the supply, it creates an imbalance in the labor market. This means that there are more software engineers available in the market compared to the number of job opportunities available. In such a scenario, employers have a larger pool of candidates to choose from, giving them more bargaining power.
With a surplus of software engineers, employers can afford to offer lower wages as they have the advantage of selecting from a larger talent pool. As a result, the wages of software engineers will fall.
Lower wages can have several implications. Firstly, it may discourage individuals from pursuing a career in software engineering, as the financial rewards may not be as attractive. This can lead to a decrease in the supply of software engineers over time.
Secondly, it may also result in a decrease in the quality of software engineering talent. With lower wages, experienced and highly skilled software engineers may seek better-paying opportunities in other fields or even in other countries. This can leave the industry with a less skilled workforce, potentially impacting the overall productivity and competitiveness of the sector.
In summary, when the demand for software engineers increases slower than the supply, it leads to a surplus of talent, allowing employers to lower wages. This can have long-term consequences for the industry, including a decrease in the supply of skilled engineers and a potential decline in the quality of talent.
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A rise in demand happens too quickly for producers to increase production to keep up.
A breakthrough in productive technology enables a company to increase its output.
There's a sudden increase in the number of companies competing to sell the good.
i think b
A nonprofit organization that is tax-exempt appears similar to a cooperative that operates on “not-for-profit” basis and doesn't pay taxes on some of its earnings. Both nonprofits and cooperatives can have members and use member-based governance.
Inflation is the likely outcome of many people attempting to buy a small number of goods.
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Its Inflation Just took the Test
In its reconciliation schedule, Ash Mountain Enterprises (AME) should adjust the reported interest expense of $11,000 on its outstanding bonds to reflect the actual cash payments made during the year.
As AME paid its regular installments of $9,000 of interest in cash, this amount should be subtracted from the reported interest expense of $11,000 to arrive at the adjusted interest expense of $2,000.
This adjustment is necessary because the income statement reports expenses on an accrual basis, which means that expenses are recognized when they are incurred, regardless of when the actual cash payment is made. On the other hand, the statement of cash flows reports cash flows on a cash basis, which means that cash payments are recorded when they are actually made.
By preparing a reconciliation schedule that compares the income statement with the statement of cash flows on both the direct and indirect method bases, AME can ensure that its financial statements are accurate and complete. This helps to provide a clear and transparent picture of the company's financial performance, which is important for stakeholders such as investors, creditors, and regulators.
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Answer:
rises above; rises above
Explanation:
According to the Taylor rule, the Fed should raise the federal funds interest rate when inflation rises above the Fed's inflation target or when real GDP rises above the Fed's output target.
Answer:
The Federal Reserve seeks to control inflation by influencing interest rates. When inflation is too high, the Federal Reserve typically raises interest rates to slow the economy and bring inflation down.
Explanation:
Answer: Mexico is a source of cheaper labor.
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Explanation:
Mexican labor is inexpensive and because of NAFTA, taxes and customs fees are almost nonexistent. The benefit for the profitability of foreign-owned businesses is clear, and most of these plants are found within a short drive of the U.S.-Mexico border