Prior to its stock market crash, japan enjoyed strong economic growth. however, the country also faced economic risk because:________

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Answer 1

Prior to its stock market crash, japan enjoyed strong economic growth. however, the country also faced economic risk because "its banking system was overburdened with bad loans"

What is Economic growth and risk?
Economic growth
, which is defined as an increase in people's real income, indicates that the ratio of people's income to the prices of the things they may purchase is rising; as a result, goods and services are more readily available, and people experience less poverty. Define economic risk. Economic risk is the risk exposure associated with an investment made abroad as a result of shifting market conditions or the unfavorable impact of macroeconomic factors. learn more about governmental initiatives, the fall of the existing administration, and a dramatic change in the exchange rate

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Related Questions

Why might you be willing to make a loan to your neighbor by putting funds in a savings account earning a​ 5% interest rate at the bank and having the bank lend her the funds at a​ 10% interest rate rather than lend her the funds​ yourself?.

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Why might you be willing to make a loan to your neighbor by putting funds in a savings account earning a 5% interest rate at the bank and having the bank lend her the funds at a 10% interest rate rather than lend her the funds yourself?

a. Your neighbor suffers from information asymmetry.

b. There will always be a moral hazard problem in lending to a friend or neighbor.

c. There is no way to diversify your savings except with the help of a bank.

d. The costs of writing up the loan contract might exceed the 5% difference between your deposit rate and the bank lending rate.

C. There is no way to diversify your savings except with the help of a bank

The money is deemed to be safest once it has been deposited with a bank. This is so that the commercial bank can restore the money to the depositors at their request. The neighbor, on the other hand, carries a larger risk because there would be no means to recover the money if the neighbor defaulted on the loan. For this reason, the person would be quite eager to deposit the money at the bank so that their neighbor might borrow money from the institution.

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On june 1, pizza company paid $100 for advertisements to be run on june 1. pizza company's entry to record this payment will include a $100 ______. (check all that apply.)

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on june 1. pizza company's entry to record this payment will include a $100 payment to advertisement company as

DR Marketing expense $100

CR Cash $100

What is Advertisement?

Advertisement is the announcement of the products or services of a company. This expense is recorded as marketing expense in the company accounts. There are many types of marketing expenses and so the company bears this expense to increase the revenue.

The double entry for the advertisement expense is Marketing expense to be debited and cash is to be credited on the other side of the double entry. This creates a positive balance in the Marketing expense account and creates a negative balance in the cash account. The transaction is for $100 and so the cash is reduced by $100.

DR Marketing expense $100

CR Cash $100

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The adjusting entry required to record accrued expenses includes? a credit to cash. a debit to an asset. a credit to an asset. a credit to liability.

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The accountant must debit and increase an expense and credit and increase a liability in order to record accrued expenses. A charge that has been incurred but not yet been recorded or paid is known as an accrued expense.

In other words, a company's obligation to pay for goods and services that have been provided but for which invoices have not yet been received is represented by accrued liabilities, which are liabilities that reflect expenses that have not yet been paid or logged under accounts payable during an accounting period.

The most frequent accrued expenses that businesses owe are salaries, rent, and interest. On the other hand, accounts payable represent money owed to creditors, such as suppliers for products and services that were financed. Occurrence: Accrued expenses, like rent and loan interest payments, frequently occur.

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A marketing mix that is ________ to provide a good, service, or idea to prospective buyers is known as a marketing program. multiple choice question. deconstructed compressed segmented integrated

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A marketing mix that is integrated to provide a good, service, or idea to prospective buyers is known as a marketing program.

The four Ps stand for the important elements that need to be carefully considered and put into action in order to adequately advertise a product or service. The items on this list are product, price, location, and promotion.

The four Ps also go by the moniker of the marketing mix. They cover a wide range of factors that are taken into consideration when marketing a product, such as what consumers want, how the good or service satisfies or does not satisfy those wants, how the good or service is perceived in society, how it differentiates itself from the competition, and how the company that makes it engages with its customers.

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American firms do a tremendous amount of business with non-english-speaking countries. should americans learn the language of foreign nations, or should everyone speak english?

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No, Americans don't need to learn any language the other should learn English.

Language is an established device of conversation. The shape of a language is its grammar and the unfastened additives are its vocabulary. Languages are the number one manner of conversation for people and can be conveyed through speech, signs, or writing.

A language is a gadget of verbal exchange which consists of hard and fast sound and written symbols that are utilized by the humans of a selected us a or vicinity for speaking or writing.

Language is what makes us human. it's miles how human beings talk. With the aid of learning a language, it approaches you have mastered a complicated system of phrases, shapes, and grammar to successfully communicate with others.

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How would you classify a leader who has certainn rights ad ;rivledges that allow him or her to reward or discipline?

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A casual leader: does no longer get hold of a title however is perceived by others as a frontrunner. - Formal leaders should act in the great pastimes of the agency and have certain rights and privileges that permit them to praise or subject employees.

A leader is a person who evokes ardour and motivation in fans. a leader is someone with a imaginative and prescient and the path to knowing it. a pacesetter is someone who guarantees their crew has support and gear to obtain their goals.

Leaders make sure that each one followers recognize, embody, and paintings in the direction of achieving the ones targets. and they offer momentum, sharing and celebrating development closer to accomplishing organisation dreams, setting new targets, and providing wished assets

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The earned value system starts with the time-phased costs that provide the project baseline, which is called the:_______

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The earned value system starts with the time-phased costs that provide the project baseline, which is called the: planned budgeted value of the work scheduled (PV).

The expected Value (PV) is the planned cost of the intended work to be performed. This is the portion of the project budget that is expected to be spent at any given time. This is also known as Budgeted Planned Expenses (BCWS). Actual Cost (AC) is simply the amount spent on work done.

Earnings Value Analysis (EVA) seems like a fascinating technique to use in projects to better understand and manage performance. Companies that capture the earned value prepare the procedures and can provide basic training. Project managers are then asked to begin using the earned value, with management hoping for improved project outcomes soon. Usually, about a year later, the reality begins. No improvement was achieved, project management costs increased and people complained about all the “extra paperwork”.

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Assume no bonds were retired during 2012. what was the positive cash flow associated with the long-term debt for cleft company in 2012?

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Assume no bonds were retired during 2012. $3,000 was the positive cash flow associated with the long-term debt for the cleft company in 2012.

A company, abbreviated as co., is a felony entity representing an association of human beings, whether or not herbal, prison or a combination of each, with a selected goal. organization contributors percentage a commonplace cause and unite to attain specific, declared desires.

A business enterprise is a criminal entity shaped via a collection of people to have interaction in and function a enterprise—industrial or industrial—organisation. An employer can be prepared in various methods for tax and financial legal responsibility purposes relying at the company law of its jurisdiction.

It's a complicated business shape, with higher set-up and administrative prices due to extra reporting necessities and better-level felony responsibilities.

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What is the term used to describe the possibility that a foreign currency will decrease in u.s. dollar value over the life of an asset such as accounts receivable?

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The term used to describe the possibility that a foreign currency will decrease in u.s. dollar value over the life of an asset such as accounts receivable is know as currency risk.

Foreign exchange risk (also known as FX risk, foreign exchange risk, or currency risk) is the financial risk that exists when financial transactions are conducted in a currency other than the company's local currency. Exchange rate risk arises when there is a risk of adverse changes in the exchange rate between the local currency and the designated currency prior to the closing date of the transaction[1][2].

Foreign exchange risk also exist if the company's foreign subsidiaries maintain their financial statements in a currency other than the company's home currency.

Investors and companies that import or export goods or services or invest abroad are subject to exchange rate risk, but steps can be taken to manage (mitigate) that risk.

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The portion of the obama stimulus package that increased spending is best thought of as?

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The portion of the obama stimulus package that increased spending is best thought of as Nondiscretionary fiscal policy

Nondiscretionary fiscal policy refers to measures incorporated into the system to enable the automatic application of an expansionary or contractionary stimulus. The built-in policies are welfare, a progressive income tax, and unemployment insurance.

Unemployment compensation is a common instance of nondiscretionary fiscal policy. In times of economic slowdown when there are more unemployed people, the payments inevitably rise. When the unemployed return to work as a result of an economic recovery, the payments inevitably decline. Referring to a purchase that you make that is deemed vital, like food or rent: Non-discretionary products like food and petrol have seen a dramatic increase in price.

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True or false: this indicates that there is excess capacity in the market for bats.

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The given statement is true. A trait of natural monopolies or monopolistic competition is excess capacity.

Why do monopolies have excess capacity?

According to Irving Fisher, a monopoly is a market where there is "no competition," which results in a situation where one person or business is the only supplier of a specific good or service. When one firm and its product control an entire sector of the economy, there is little to no competition and customers are forced to buy the particular products or service from the one company.

A trait of natural monopolies or monopolistic competition is excess capacity. It might occur because businesses have to make lumpy or indivisible investments to boost capacity as demand rises.  A market is a setting where two or more parties exchange products, services, and information. A market is ideally a place where two or more people can do business. Seller and buyer are the two parties involved in a transaction.

The entire number of buyers and sellers in the area or region under consideration is referred to as the market. Earth, as well as several nations, regions, states, and cities, may be the subject. The worth, expense, and cost of the goods traded depend on the forces of supply and demand in the market.

Hence, The given statement is true.

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What effect did the Great Recession have on manufacturing employment?

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Answer:

During both recessions, a large decline in industry employment occurred. From December 2007 until December 2009— when manufacturing employment reached a new low— the manufacturing industry lost 2 million jobs, or 17 per- cent of its workforce, and industry employment fell to its lowest level since March 1941

Explanation:

The sale or transfer of goods ordinarily held for sale in course of business is goverend by the?

Answers

The sale or transfer of goods ordinarily held for sale in course of business is governed by the  Uniform Commercial Code.

Whilst a shop lowers its charges via a sale, though, customers are more willing to buy due to the fact they recognize they're now not set as a whole lot of money on the line. extra often than not, customers who like the stuff they buy on sale will turn out to be coming lower back to shop for it once more, despite the fact that it's not priced at a reduction.

The important thing for a retailer is the gross income margin: the percentage of revenue left over from the sale of a product after subtracting the fee of that product – which includes the production, transport, packaging, and different work that goes into it.

A clearance is a unique sort of sale that could appeal to extra customers than traditional sales. this is due to the shop seeking to take away positive items for one cause or any other. the store is probably going out of business, the objects are going out of season, or there is not sufficient room in the shop for new gadgets.

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A _____________ _____________ is a listing of the general ledger accounts along with the dollar balances contained therein.

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A Trial   balance is a listing of the general ledger accounts along with the dollar balances contained therein.

What is trial balance in accounting?

A trial balance is a financial report showing the closing balances of all accounts in the general ledger at a point in time. Creating an attempt balance is the first step in closing the books at the end of an accounting period.

Why is balance important?

Trial balances are won't to prepare balance sheets and other financial statements and are an important document for auditors. an attempt balance is done to check that the debit and credit column totals of the general ledger accounts match each other, which helps spot any accounting errors.

Why balance is used?

The main purpose of a trial balance is to ensure that the list of credit and debit entries in a general ledger are mathematically correct.

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Explain why someone who is not interested in selling their bond before its
maturity date does not have to worry about the current bond market and its
impact on the price of their bond. (Use at least one sentence)

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If you sell a bond before it matures, you may not receive the full principal amount of the bond and will not receive any remaining interest payments. This is because a bond's price is not based on the par value of the bond. Instead, the bond's price is established in the secondary market and fluctuates.

A bond is a debt instrument similar to a promissory note. Borrowers issue bonds to raise money from investors who lend them money for a period of time. When you buy a bond, you are lending it to the issuer, which can be a government, community, or corporation. A bond between people is a strong sense of friendship, love, or shared beliefs and experiences that bring people together. This experience has created a very special bond between us. Synonyms: bond, union, coupling, link Other synonyms for bonding. Bonds are divided into four types: corporate bonds, municipal bonds, government bonds, and agency bonds. Bond prices are inversely proportional to coupon rates. When interest rates rise, bond prices fall, and when interest rates fall, bond prices rise.

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If fifth national bank's asset duration exceeds its liability duration and interest rates rise, this will tend to __________________ the market value of the bank's net worth

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If the fifth national bank's asset duration exceeds its liability duration and interest rates rise, this will tend to Dollar interest-sensitive GAP the market value of the bank's net worth.

Interest rate spreads measure a company's level of interest rate risk. Spread is the distance between assets and liabilities. The most common examples of interest rate differentials are found in banking. A bank borrows money at one rate and lends money at a higher rate. The difference or difference between the two rates represents the bank's profit.

Interest rate spreads represent interest rate risk. Typically, financial institutions and investors use it to develop hedging positions, often through interest rate futures. The spread calculation depends on the maturity date of the security used and the time remaining until the underlying security reaches the maturity date.

A negative spread, or a ratio less than one, occurs when a bank's interest-sensitive liabilities exceed its rate-sensitive assets. Conversely, a positive spread, or a spread larger than one, is when a bank's interest-sensitive assets exceed its rate-sensitive liabilities.

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Randy has established a successful fast-food restaurant chain named randy’s in the united states. He currently has 12 locations across three states. He’d like to expand his brand to asia, but does not have the capital to do so. He’s also wary of the risk of failure, especially because he is not very familiar with business in asia. If you were consulting randy, what route would you advise against?.

Answers

Randy should provide a franchise to an investor in Asia which will lower his risk and expand the business.

What is Franchise?

Franchise is the business expanding method in which the owner of the brand does not inject any further capital instead sells its brand name and instructions for cooking and hygiene to an investor.

The investor in return provides a franchise fee to the owner of the brand and pays a monthly income as per the terms of the contract. This is the method of expanding the business which have the lowest risk.

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Suppose+you+will+receive+$714+each+month+for+the+next+6+years.+how+much+is+this+cash+flow+stream+worth+to+you+today+if+your+discount+rate+is+12.0%?+round+to+the+nearest+dollar.

Answers

For the following six years, you will receive $714 each month. If your discount rate is 12.0%, the cash flow stream's value to you today will be $36,522.

Monthly amount $ 714.00

Frequency  12

Year  6

Rate of interest 12%  

Present worth  $ 36,521.38

Monthly amount  714

Frequency 12

Year 6

Rate of interest 0.12  

Present worth  = PV(B4/B2,B3*B2,B1)

                         = $36,522

A company, institution, or person's cash flow is the change in their available cash. The phrase is used in finance to refer to the quantity of money (currency) that is produced or utilized in a specific amount of time. For conducting financial research and managing a firm, there are numerous different types of CF.

It's critical to comprehend each form of cash flow because there are many different ones. Make sure to specify which form of cash flow is meant when someone uses the word "CF." CF might refer to any of the types listed below.

So, For the following six years, you will receive $714 each month. If your discount rate is 12.0%, the cash flow stream's value to you today will be $36,522.

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What can be done to build a more effective buyer-supplier relationship with metokote?\

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Clear, consistent communication can be done to build a more effective buyer-supplier relationship with metokote.

In order to establish productive, long-lasting relationships with suppliers, buyers must treat them as partners in communication. For instance, aggressive bargaining strategies are likely to damage trust and result in a confrontational and resentful relationship.

For instance, a vendor self-service portal gives them the ability to examine purchase orders, change contact information, send invoices, and reply to quote requests. It's a good method to increase transparency in your supplier relationships and to keep a record of all transactions to assist avoid misunderstandings.

Regular supplier performance reviews encourage vendor accountability, aid in cost reduction, and raise (internal and external) customer happiness.

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Imprimo, inc. , produces two types of ink-jet printers: business and home. Imprimo uses a plantwide rate based on direct labor hours to assign its overhead costs. The company has the following estimated and actual data for the coming year

Answers

Manufacturing overhead is applied to work-in-process inventories at a predetermined overhead rate. Before the period starts, the predetermined overhead rate is calculated.

1. How is the predetermined overhead rate calculated?

= Expected Activity / Estimated Overhead

= $1,862,000 / 49,000

= $38 per hour of direct work

The overhead being used is:

For a business printer, multiply 12,000 by $38 to get $456,000

37,000 times $38 equals 1,406,000 for a home printer.

2. The per-unit overhead expense:

For a business printer, the cost per unit is $19 ($456,000 / 24,000).

$1,406,000 / 185,000 for a home printer equals $7.60 per unit.

3. 24,000 hours of direct labour were used by the home printer.

Earlier, a home printer used 12,000 hours of labour.

So Should be a difference in labour hours equals 24,000 minus 12,000 hours.

= 12,000 hours

Additionally, the overhead rate per direct labour hour is $38.

The profitability of this product line declines as overhead costs increase.

= 12,000 hours * $38

= $456,000

Complete question: Transcribed image text: Imprimo, Inc., produces two types of ink-jet printers: business and home. Imprimo uses a plantwide rate based on direct labor hours to assign its overhead costs. The company has the following estimated and actual data for the coming year: Estimated overhead 1,862,000 Expected activity 49,000 Actual activity (direct labor hours): Business printer 12,000 Home printer 37,000 Units produced: Business printer 24,000 Home printer 185,000 1. Calculate the predetermined plantwide overhead rate, using direct labor hours. per hour Calculate the applied overhead for each product, using direct labor hours. Applied overhead Business  Home 2.

Calculate the overhead cost per unit for each product. If required, round your answers to the nearest cent. Overhead Cost Business per unit Home per unit 3. What if the home printer business used 24,000 hours (to produce 24,000 units) instead of 12,000 hours (total expected hours remain the same)? Calculate the effect on the profitability of this product line if all 24,000 units are sold. Profits would by $\$$

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Which of the following statements correctly define(s) profit margin? (Check all that apply.)

Answers

The statements that correctly define profit margin are:

Profit margin is the ratio of a business's net income to its net sales.

Profit margin is a useful measure of a business's operating results.

Profit margin is also called return on sales.

Profit margin is the amount of revenue received on a sale

What is profit margin?

Profit margin is a type of profitability ratio. Profitability ratio measure the efficiency of a firm in generating profits from its assets.

Profit margin is used to determine which business activity is profitable. It determines this by dividing income by revenue. The higher the profit margin is, the more profitable a firm is.

Here is the complete question:

Which of the following statements correctly define(s) a profit margin? (Check all that apply.)

Profit margin is the ratio of a business's net income to its net sales.

Profit margin is the ratio of a business's net income to its accounts receivables.

Profit margin is a useful measure of a business's operating results.

Profit margin is also called return on sales.

Profit margin is the amount of revenue received on a sale

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When using a radial selection tool to analyze shipping costs from a production facility to different destinations, where should the circle be centered?

Answers

When using a radial selection tool to analyze shipping costs from a production facility to different destinations, The circle be centered at the production activity.

What do you understand by radical selection tool?

Th is one of the tool used in Tableau. The Radial tool selects marks within a circular area. In order to use the Radial tool, hover the arrow  on the view toolbar, then click the Radial tool button, and then drag across the view.

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What is the entry to record an owner investment of into the business including a $500 piece of equipment?

Answers

The entry to reflect an owner investment of into the company of $500 in equipment.

Equipment - 500

Common shares - 500

As evidence of the money investors and business owners have invested in a corporation, common shares are issued to them. Common shareholders have the least claim to the assets of a firm of any stakeholder. One component of a company's shareholder equity, which also includes any issued preferred shares and any retained earnings, are its common shares. Dividends (amounts paid to shareholders out of the company's post-tax earnings in exchange for utilising their capital) are normally given to owners of common and preferred shares. Dividends are distributed to common shareholders after preferred stockholders. Common shareholders are not paid until all creditors have been paid and the preferred shareholders have been compensated in the event that a company needs to sell off its assets.

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Suppose the cpi-u is 300 in 2020 and 600 in 2030, both relative to 100 in 1982-4. if smith's nominal income in 2030 is $90,000, what is her real 2030 income, in 2020 dollars?

Answers

The real income of Smith in 2030 in 2020 dollars

= 90000*300/600

=$45000 is the answer.

Income is the intake and saving opportunity received through an entity inside a specific timeframe, that's commonly expressed in monetary terms. profits is tough to outline conceptually and the definition may be distinct across fields.

The term “earnings” usually refers to the quantity of cash, belongings, and different transfers of price obtained over a set time period in trade for services or products. there is no single, wellknown definition: profits is described according to the context wherein the idea is used.

The definition of profits is the amount of money received via someone, group or employer in the course of a certain period of time. An example of an earnings is a $70,000 a 12 months salary.

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What is the total order price for each order listed in northwind's database?
a. include the customer id and shipping
b. name for each order and sort
c. the output by customer id

Answers

Name each order and sort the total order price for each order listed in north wind's database.

SELECT orders. order ID, sum(Unit Price*Quantity) 'Total Order'

from Orders, [Order Details]

where

orders. order ID=[Order Details].ordering

group by orders. order ID; joins the orders from the two tables [Order Details] based on the order ID and returns the results.

A database is an organized collection of data. They support electronic storage and manipulation of data. Databases facilitate data management. Let's look at a database example. Online phone books use databases to store information about people, phone numbers, and other contact information.

Databases are used to store, maintain, and access data.

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If inventory is being valued at cost and the purchase price is steadily falling, which method of costing will yield the largest net income?

Answers

If inventory is being valued at cost and the purchase price is steadily falling, first-in, first-out method of costing will yield the largest net income.

Profits is the consumption and saving possibility received by using an entity inside a unique timeframe, that's usually expressed in monetary phrases. profits is difficult to define conceptually and the definition can be different throughout fields.

The term “income” commonly refers to the quantity of money, assets, and other transfers of fee obtained over a hard and fast time frame in alternate for services or products. there's no unmarried, standard definition: earnings is defined in line with the context in which the concept is used.

Income is money that an individual or business gets in alternate for presenting exertions, producing an amazing or provider or making an investment capital.

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A market supply curve shows how the total quantity supplied of a good varies as:__________
a. input prices vary.
b. price varies.
c. production technology varies.
d. demand varies.

Answers

A market supply curve shows how the total quantity supplied of a good varies as a. input prices vary.

A market is a composition of structures, establishments, approaches, social relations or infrastructures wherein parties have interaction in change. while parties may also trade items and services through barter, most markets rely on sellers providing their goods or services to buyers in trade for money.

Market, a method by using which the change of goods and offerings takes vicinity due to customers and dealers being in contact with each other, both at once or via mediating retailers or institutions

A market is an area in which customers and dealers can meet to facilitate the exchange or transaction of goods and services. Markets can be physical like a retail outlet, or digital like an e-store. other examples consist of unlawful markets, public sale markets, and financial markets.

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If real income per person was $47,210 in the u.s. in 2010, and $55,860 in 2014, what was the annual growth rate over this time period?

Answers

Annual growth rate is 4.58 % per year.

Real income per person in 2010 = $ 47,210

Real income per person in 2010= $ 55,860

Difference = $ 8650

Growth for four years = 8560/ 47,210 *100

                                   = 18.3223 %

Average annual growth for four years = 18.3223%/4= 4.58%

When referring to an individual's income, real income is how much money an individual or entity makes after accounting for inflation. Individuals frequently monitor their nominal vs. real income to gain a better understanding of their purchasing power.

Some features of real income are-

Real income is distinct from nominal income, which does not include such adjustments.Individuals frequently monitor their nominal vs. real income to gain a better understanding of their purchasing power.The Consumer Price Index is used to calculate most real income calculations (CPI).In theory, rising inflation reduces real income and purchasing power by the amount of inflation on a per-dollar basis.

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If you sell a share of stock for $45 today that you purchased for $26 three years ago, what was your annual return over the three years?

Answers

An annual rate of return is the profit or loss on a one-year investment. There are numerous methods for calculating the annual rate of return. If the rate of return is calculated monthly, multiply it by 12 to get the annual rate of return.

($45 - $24)/$24 × 1/3 = 24% is the annual return over the three years.

What is the annual income formula?Add up all of your monthly earnings.Because there are twelve months in a year, you multiply by 12. For example, if you make $2,000 per month from a part-time job and pay $10,000 in rent, add the two figures and multiply by 12.Calculating your annual income gives you a better understanding of your financial situation, and it is simple to do. Understanding and knowing how to calculate annual income can assist salaried individuals in developing a budget, applying for a loan, and preparing their tax return. An annual income calculation is required by a business owner in order to keep track of business expenses, make financial decisions, and pay taxes. This article defines annual income, examines the distinction between gross and net income, explains how to calculate annual income, and provides an example of annual income calculation.

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Price controls generally serve a positive economic function, as they compensate for the market’s inability to regulate wages in certain sectors of the economy. True or false?.

Answers

False, Price controls do not serve a positive economic function.

Price controls, like laws requiring a minimum wage, are rarely the win-win scenarios that lawmakers frequently claim they are.

Price Controls: Government regulations on wages, prices, or their rates of change are known as price controls. Such restrictions can be imposed by the government on a variety of products and services or, more frequently, on a market for a particular good.

Example of Price Control:

Prices on drugs (to make medication and health care more affordable), rent control (where governments impose a maximum amount of rent that a property owner can charge and the limit on how much rent can be increased each year), and minimum wages are some of the most popular examples of price controls (the lowest possible wage a company can pay its employees).

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