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Contact [7]
3 years ago
8

The term _____________ describes a situation where a ________________ causes a reduction in the buying power of income, even tho

ugh actual income has not changed. question 3 options:
Business
1 answer:
Radda [10]3 years ago
6 0
The term income effect used in economics describes a situation where a higher price causes a reduction in the buying power of income, even though actual income has not changed. 
<span>It denotes the change in demand of a good or service as a result of a change in a consumer's discretionary </span>income<span>. </span>
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MCQ
yulyashka [42]

Answer:

none of the above

Explanation:

because the organization must know how much they own

8 0
3 years ago
Milton Rokeach created the Rokeach Value Survey (RVS), which consists of two sets of values, namely ________ values and ________
saw5 [17]

Answer:

A) instrumental; terminal

Explanation:

Rokeach Value Survey (RVS) is an instrument that is used to classify values. 36 values are ranked to scale. The values are made up of 18 terminal and 18 instrumental values.

Participant in the survey rank 18 of the terminal values and then 18 of the instrumental values in order of importance to the individual.

RVS has been applied in the fields of psychology, personality, behaviour, social culture and cross-cultural studies.

Terminal values refer to desireable state of existence and instrumental values are preferable modes of behaviour.

6 0
3 years ago
Read 2 more answers
You just hung up the phone after a 3-hour conference call with your colleagues in India. After the call, one of your co-workers
Llana [10]

Answer: Examine your expectations for conducting the meeting and determine how they might be different than your Indian colleagues.

Explanation:

Cross-cultural communication looks at how people from different cultural backgrounds communicate among themselves. The aim of cross-cultural communication is to bring together people with cultural differencces in such a way that the cultural differences shouldn't be a barrier.

Cross-cultural communication is understanding ways by which culturally distinct individuals relate and communicate with each other.

Regarding the question, the best way to improve one's cross cultural communication will be to examine the expectations one has for conducting the meeting and then determine how the expectations might be different from my Indian colleagues.

6 0
3 years ago
Pat maninen earns a gross salary of $3,000 each week. assume a rate of 6.2% on $118,500 for social security and 1.45% for medica
Sonbull [250]
Answer:

Social Security = $186.00
Medicare = $43.50

Explanation:

Since the given rate for Social security is 6.2%, the first week deduction is 6.2% of gross weekly salary, which is $3,000. Hence, the first week deduction for Social Security is given by

Social Security Deduction = 6.2% of $3,000
                                          = 0.062 × 3,000 (Change 6.2% to decimal)
                                          = $186.00

Similarly, since 1.43% is the given rate for medicare, the first week deduction is 1.43% of the gross weekly salary, which is $3,000. Thus, the first week deduction for medicare is given by

Medicare Deduction = 1.43% of $3,000 
                                 = 0.0143 × 3,000
                                 = $43.50

7 0
3 years ago
Is rental income<br> A. Cash<br> B. Investment
maks197457 [2]

Answer:

Investment, you buy a property to rent in hope to make your money back over time.

Explanation:

3 0
3 years ago
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