Answer:
Her nominal wage increase by: (12.48/12)-1= 0.04= 4%
Her real wage decreased by: 4% - 7$= -3%
Explanation:
Giving the following information:
Ginny currently earns a (real or nominal) wage of $12.00 per hour. Ginny and her employer both expected inflation to be 4% between 2012 and 2013, so they agreed, in a two-year contract, that she would earn $12.00 per hour in 2012 and $12.48 per hour in 2013. However, suppose inflation between 2012 and 2013 turned out to be 7%, not 4%.
Her nominal wage increase by: (12.48/12)-1= 0.04= 4%
Her real wage decreased by: 4% - 7$= -3%
Answer:
Leading.
Explanation:
In this scenario, the general manager of a clothing store recently gave a motivational PowerPoint presentation to his employees on the value of being courteous to each customer. The manager’s behavior is an example of leading. When you're a leader, you are saddled with the responsibility of controlling, influence, administering, guiding and dealing with the affairs of the employees working within the organization.
Generally, leadership entails setting the vision, goals and direction for the organization, as well as motivate the employees (team) to do the right thing and acting responsibly.
Answer:
D. The tax cut can be categorized as fiscal policy and the lowering of interest rates can be categorized as monetary policy.
Explanation:
Fiscal policy is when the government uses either taxes or government spending to influence the economy.
Contractionary fiscal policy is when the government increases taxes or reduces spending.
Expansionary fiscal policy is when the government decreases taxes or increases spending.
Monetary policy are policies enacted by central bank of a country to control money supply or interest rest.
Contractionary monetary policy is reducing money supply or increasing interest rates.
Expansionary monetary policy is increasing money supply or decreasing interest rate.
I hope my answer helps you.
