The projected benefit obligation and plan assets were $80 million and $100 million, respectively, at the beginning of the year. Due primarily to favorable stock market performance in recent years, there also was a net gain of $30 million. On average, employees’ remaining service life with the company is 10 years. As a result of the net gain, what was the increase or decrease in pension expense for the year? (Amounts to be deducted should be indicated with a minus sign.)
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Ответ:
Explanation:
The answer is "According to the law of demand, price and quantity move along a track in opposite directions." The law of demand expresses that, if every other factor stay equal, the higher the cost of a good, the less individuals will request that good. Thus, the higher the price, the lower the amount requested.