Answer:
Adverse selection of wage cuts
Explanation:
Adverse selection of wage cuts or Adverse selection in wages refers to the situation whereby there is adverserse selection in the labour market. Here the seller of labor is the worker, the buyer of labor is the employer.
It could occur where the worker or seller of labour has more information than the buyer, the employer, and thus tends to leave the organization when there is a wage cut because they know their productivity worth. It could also happen when the seller of labour has less information than the buyer and overestimates his worth.
Here are the three qualities required in different relationships:
1) Admiration - You may ask: how can this possibly improve my relationship with my enemy? Simple, admire the person and understand where the person is coming from and there will be less tolerance between you. Admiration will teach both parties what kind of person they are dealing with.
2) Respect - This is something you do not ask but you can definitely give without having to wait for any cue. As the golden rule teaches us: <span>“So </span><span>whatever you wish that others would do to you, do also to them, for this is </span><span>the Law and the Prophets." - Matthew 7:12.
3) Trust - Trusting others doesn't only make them like you more because if you practice this, you will worry less and in the process, you will get less stress.</span>
The power to select a child's neighborhoods gives some parents the ability to influence the culture that shapes the child's peer group.
<h3>What ways do parents and peers shape children's development?</h3>
Parents are known to influence their children in different ways such as;
- Their manners
- Political and religious beliefs
- Personality
As children made efforts to fit in with their peers, they often try to adopt their culture such as styles, slang, etc.
By choosing their children's neighborhoods and schools for them, parents are said to exert some major of influence over peer group culture.
Learn more about a child's neighborhoods from
brainly.com/question/24951813
The money an individual person sets aside in savings accounts, retirement plans,and other forms of saving is important to the economy because it contributes to the nation’s overall economic growth.
