Answer: True. When inflation was expected to be high and it turns out to be low, wealth is redistributed from debtors to creditors.
Explanation: If inflation is high, money is not moving as it normally would in a low inflation time. When inflation is low, money is moving more freely (people are spending) to the debtors and the creditors. Inflation refers to the increase in prices and fall in the purchasing value of money.
Answer:
Letter b is correct. <em>Making sure employees know how their work contributes to the hospital's mission</em>
Explanation:
Performance management is characterized as a set of techniques and practices that together will help to verify the performance of organizational activities and their effectiveness. Its main function is to ensure that the proposed organizational objectives are met. Employees are a key player in organizational performance, so giving them feedback on their performance is important for communication to be effective and for a sense of staff to increase, and consequently their productivity to increase.
Answer:
d. there is a shortage and the interest rate is below the equilibrium level.
Explanation:
If the quantity of loanable funds demanded exceeds the quantity of loanable funds supplied, there is less money available for loans than the required, which characterizes a shortage. Higher interest rates decrease the demand while lower rates increase demand; if demand is higher than supply, the interest rate is lower than the equilibrium rate.
Therefore, there is a shortage and the interest rate is below the equilibrium level.
