Answer:
A positive number for the Consumer Price Index shows prices are falling,
Explanation: When consumers pay more, there is more debt. With this, the government will try to print money and the money will be worthless.
The correct answer would be, Pay Compression.
She resigns her job when she finds out that most of the new employees of the company, who have only two or three years of experience, get the same salary as her. In the given scenario, Jennifer most likely resigned due to Pay Compression.
Explanation:
Pay Compression is also called the Salary Compression. When there is a situation where many employees having different skills and experience levels are given the same salary, or the salary with a very little difference, this is called as the Pay Compression.
Pay Compression is usually seen in organizations. People who have more expertise, experience, better educational certifications, are paid with a little difference with the other employees. This creates a sense of underestimation, which most competent employees can't handle.
So is the case with Jennifer. She resigned her job when she came to know that other employees with the less level of skills and experience as her are paid almost the same. This is called as the Pay Compression.
Learn more about Salaries structures at:
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Scientist used abstract reasoning to explain something happened
• services can be bought by consumers , as well as goods
• services can be bought at just about any price with not much difference in quality
• product markets are markets such as services
Answer:Rational Choice Theory
Explanation: What Is Rational Choice Theory?
Rational choice theory states that
people consider their choices rationally through making rational calculation and evaluating if those choices will go along with their personal objectives.
These choices has to be in line with a person's best interest.
Using rational choice theory means a person expects an outcome that will satisfy and benefits them.
