Answer:
Maria spends all of her money on paperback novels and beignets In 2011 she Earned $27 per hour, the price of a paperback novel was $9, and the price of a beignet was $3.
Following give the nominal value of a variable: -
- The price of a beignet is $3 in 2011
- Maria's wage is $27 per hour in 2011
Following give the real value of a variable:
- The price of a paperback novel is 3 beignets in 2011
- Maria's wage is 9 beignets per hour in 2011.
Suppose that the Fed sharply macaws the money supply between 2011 and 2016 In 2016, Maria's wage has risen to $54 per hour. The price of a paperback novel is $18 and the price of a beignet is $6
In 2016, the relative price of a paperback novel is 3 beignet
Between 2011 and 2016, the nominal value of Maria's wage increases and the real value of her wage remains the same.
Monetary neutrality is the proposition that a change in the money supply affecis nominal variables and does not affecis real variables
Answer:
The correct answer here is C) an employee .
Explanation:
Even though Patrick has written independent contract agreement with his broker, he will be considered an employee not independent contractor because Patrick is earning 75% of his total income from his broker on a hourly wage and that is paid to him on normal pay date , while the independent contractors are paid when the accounts payable receives the invoice, usually independent contractors are paid after the completion of task or at the end of a period.
Answer:
only price and quantity matter in determining supply
all other determinants of supply are held constant
Explanation:
At the time of constructing the supply schedule, only price and quantity should be considered and other factors should remain the same because the factors that impacts the supply other than the price so it shifted the supply curve but when only the price changed so there should be the movement also law of supply represent the direct relationship between tfhe price and the supply
If you were referring to the Person Specification, then it is a personal information used by job seekers to be presented to their employers. They usually contain: qualifications, skills, work experience and other details about a person. They are used to judge whether a person is qualified to take up that position.
