Answer:
Union shop
Explanation:
Union shop
it is referred to clause that allow employer to hire members who are already in the union or hire any individual who are not the member of the union for given period of time. it is legal in those state only that has not enforced right to work law and not legal to that state that allow practice of charging some amount from employee to the union.
Answer:
A) decrease MPC, increase MPS, and decrease the multiplier so that changes in planned investment will have a smaller impact on equilibrium output.
Explanation:
When you receive money, e.g. get paid by your employer, the first thing you do is pay for your basic necessities which are classified as autonomous spending. Then hopefully you will have some money left which is classified as disposable income. You can do two things with your disposable income, either spend it or save it.
The proportion that you spend is called the marginal propensity to consume (MPC) and the remaining part that you save is called the marginal propensity to save (MPS). If the MPS was 1% in 2007 and increased to 5% in 2009, then the MPC was 0.99 in 2007 and 0.95 in 2009.
The formula to calculate the economic multiplier is 1 / MPS:
- the economic multiplier in 2007 = 1 / 1% = 100
- the economic multiplier in 2009 = 1 / 5% = 20
Answer:
MERCOSUR may have made trade more difficult.
Explanation:
It is a trade divergence due to numerous reasons. It influences nations outside the association since they can't offer to those nations as effectively. The idea was to make a worker's union that would enable every nation to get off their feet and strengthen one another. Yet, it winded up harming one another and different nations for the reasons that it made the trade even more difficult than it was before. So, the impacts of MERCOSUR on firms operation are negative; it made trade more difficult, especially with other countries.
Answer:
False
Explanation:
Perishable goods need to have fewer days of supply owing to their nature, as high days of supply might caause more spoilage and lead to higher inventory cost.
Answer:
Interest Rate=0.0635=6.35%
Explanation:
Given Data:
Money Borrowed last year=PV=$3,900
Future Payment as a lump sum payment=FV=$6,000
Total Number of years=n=7 years
Required:
Interest Rate=i=?
Solution:
Formula:
In our case, FV=$6,000, PV=$3,900, n=7
Interest Rate=0.0635=6.35%
