Cole is a minimum wage employee in santa fe, nm, where the minimum wage is $10.91 per hour. his employer claims that since the federal minimum wage is $7.25 per hour, cole should only receive the federal amount. what is the correct answer in this situation?
a) the employer has the discretion to pay either the federal or the state-designated minimum wage.
b) the employer may choose to pay less than the state-designated minimum wage, based on the employee's qualifications and job description.
c) the employer is correct that the federal minimum wage overrules the state wage.
d) the employer must pay the state-designated minimum wage for the area.

If your company buys supplies from a company in a different state and sells your products to people within your city, what type of trade are you participating in? i

2. activities included (and not included) in the calculation ofgdp the gross domestic product (gdp) of the united states is defined as the all in a given period of time. based on this definition, indicate which of the following transactions will be included in (that is, directly increase) the gdp of the united states in 2017. scenario 2017 gdp included excluded calculo, a u.s. electronics company, produces a calculator at a plant in indonesia on march 17, 2017. calculo imports the calculator into the united states on may 21, 2017. awake cafe, a u.s. coffee company, produces a latte at its location in minneapolis on january 9, 2017. it sells the latte to a customer immediately. fastlane, a japanese automobile company, produces a sedan at a plant in indiana on december 12, 2017. a family buys the sedan on december 24. you chop down a cherry tree on your property in california and make a dining room table in 2017. a similar table sells for $800 in a local furniture store. graincorp, a u.s. agricultural company, produces corn syrup at a plant in iowa on september 19, 2017. it sells the corn syrup to crunchy's for use in the production of cereal that will be made in the united states in 2017. (note: focus exclusively on whether production of the corn syrup increases gdp directly, and ignore the effect of production of the cereal on gdp.)

Which of the following was developed as a result of the inflation that took place during the 1960s and 1970s? a. stagflation c. automatic stabilizers b. passive fiscal programs d. monetarist point of view