Explanation:
a. The computation is shown below:
As we know that
Multiplier = 1 ÷ 1 - MPC
1.5 = 1 ÷ 1 - MPC
So, MPC is 0.3333
Now the real GDP is
= Multiplier × Government spending
= 0.3333 × $70 billion
= $105 million
So the change in real GDP is
= $105 million - $70 million
= $35 million
b. The computation is shown below:
As we know that
Multiplier = 1 ÷ 1 - MPC
Multiplier = 1 ÷ 1 - 0.6
So, multiplier is 2.5
Now the real GDP is
= Multiplier × Government spending
= 2.5 × $16 billion
= -$40 million
c. As we know that
Real GDP = Multiplier × Government spending
$280 billion = Multiplier × $70 billion
So, the multiplier is 4
Now the MPC is
Multiplier = 1 ÷ 1 - MPC
4 = 1 ÷ 1 - MPC
So, the multiplier is 0.75
Answer:
1. Supervisors fit in the middle level of the organization pyramid.
2. A major trend that is changing the role of the supervisor at that level is the concepts of mentoring, coaching, and staff training. The supervisor's role is expanding to include these activities that will ensure process improvement, enforce adherence to organization's rules, and enable improved cross-functional relationships.
Explanation:
Primarily, supervisors are known to motivate employees, direct the activities of others, select the most effective communication channel, and resolve conflicts among team members. However, the changing trend now views the supervisor as an educator, sponsor, coach, counselor, and director. Therefore, the supervisor is expected to deplore all his skill-sets, including effective communication in combination with daily conflict resolution, transformational leadership, critical thinking, interpersonal relationship, time and priority management, and problem-solving skills.
Individuals who want to work, but have given up searching for a job because of limited prospects, are known as discouraged workers.
<h3>Who are discouraged workers?</h3>
Discouraged workers are labour who are above 18 years and below 60 years but have given up on ever finding a job and thus are not actively searching for a job.
Discouraged workers are not counted as part of the labour force and they are not considered to be unemployed.
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Answer:
Event Dimension BP stock prices falling 25% during the first month after the oil spill. <u>ECONOMIC. </u>
The Economic dimension of the environment deals with production in the economy which means that it deals with business entities and the financial system. Dimension BP stock price falling therefore falls under her.
Using deep-se submersibles to take pictures of the oil leak a mile below the surface of the water. <u>TECHNOLOGICAL. </u>
The Technological dimension of the environment refers to anything related to the use of technology and using deep-sea submersibles to take pictures of the leak below the surface of the water will definitely fall under technology.
People moving from Louisiana to Oklahoma to avoid the effects of the spill. <u>SOCIOCULTURAL. </u>
Sociocultural dimension deals with human beings and how they relate with themselves and the environment around them. People therefore moving from Louisiana to Oklahoma will fall under here.
Sales salaries are expensed at the time they are incurred.
In 2020, the average sales representative's salary was $73,500. In 2020, the average salaries for comparable jobs were $147,580 for a sales manager, $69,100 for an insurance salesman, $62,990 for a realtor, and $30,940 for a retail salesperson yes you can be a millionaire or billionaire as a seller.
Sales salaries careers are well paid and he ranks third on this list of high-paying jobs without a degree. A salesperson's revenue is directly tied to their sales performance. This means that sales positions have excellent earning potential. Working in sales can be incredibly stressful.
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