Answer:
Slope of short-run aggregate supply curve: wage-price flexibility
In the short run, some factors are fixed and some factors can vary and the costs incurred on fixed factors are constant. Thus, the price level does not change as fast as it could have been if all are variable resources.
However, if prices are subjected to the variation in the wages, then the price level will increase faster than the costs. If actual price level is below the expected level, then the nominal wage rate is more than the expected and vice-versa. This would result in a greater slope of the short-run aggregate supply curve, which means short-run aggregate supply curve will be relatively steeper.
In the short run, the wage rate and price level are sticky downward because fall in nominal wage of workers will reduce the incentive to work.
Hence, if the wage rate adjusts continuously to any change in price; then the aggregate supply curie is relatively steep, and when wage and price level are sticky, then the short-run aggregate supply curve will be relatively flat.
Answer:
7.78%
Explanation:
Calculation for the expected return on a portfolio
First step is to calculate the portfolio beta
Portfolio beta=30%*1.1+30%*0.7=1.15
Portfolio beta=0.33+0.21
Portfolio beta=0.54
Now let calculate the expected return using this formula
Expected return=rf+(Portfolio beta*mrp)
Let plug in the formula
Expected return=4%+(0.54*7%)
Expected return=7.78%
Therefore the expected return on a portfolio is 7.78%
Answer:
The correct option here is B)
Explanation:
The non compete clause is an agreement between an employer and employee ( as it is in this question between Roger and HR consulting firm ) , where an employee agree to the wishes of employer to not to work for firms which are competing against the employer in the same market.
Answer: A resume should typically be only one page in length. However, there are certain circumstances under which a two-page resume is acceptable. So the answer is <u>True.</u>
Hope this helps!
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