Answer: Worsen; benefits
Explanation:
Specific Automakers is signing a long term contract with the union who are the representative of workers.
Real wages should increase by = 2%
Expected inflation = 5%
Nominal wage increase = 7%
Actual inflation = 6%
Actual inflation is greater than expected inflation, so this would worsen the union and it is beneficial for the automakers because now real wage increase is only:
= Nominal wage - Actual inflation rate
= 7% - 6%
= 1%
This is an example of re-distributive cost of inflation.
Answer:The desire to make money through goods and services.
Explanation:
Answer:
Marilyn take a good decision.
Explanation:
Marilyn refuses to pay Carl because Marilyn did not sell any goods due to its bad quality so Marilyn earn no money and is unable to pay Carl. Marilyn will be able to pay Carl if the goods are sold and she has the money but when there is no sale at all, Marilyn is unable to pay for the goods on the due time. Marilyn should return the goods to Nigel instead of paying money for it because these goods are useless and nobody will it at all.
<span>The Arizona jean co. brand of jeans, owned by J.C. Penney, is a private label brand. The private brand is exclusive to that retailer (for example </span>carries the retailer’s name) but is produced by another company.<span> Consumers choose private brands because they tend to be lower in price than their counterparts. </span>
Answer: 1.50
Explanation:
Baeed on the information given in the question, the enterprise value multiple would be calculated as:
= [(4,250 × 16.65) + 64,800 - 5,200] / (213,000 - 126,200)
= 130,362.5 / 86,800
= 1.50 times