<span>A. According to the neoclassical theory, technical progress that increases the marginal product of farmers causes their real wage to rise.
B. The real wage in (a) is measured in terms of farm goods. That is, if the nominal wage is in dollars, then the real wage is W/PF, where PF is the dollar price of farm goods.
C. If the marginal productivity of barbers is unchanged, the their real wage is unchaged.
D. The real wage in (c) is measured in terms of haircuts. That is, if the nominal wage is in dollars, then the real wage is W/PH, where PH is the dollar price of a hair-cut.
E. If workers can move freely between being farmers and being barbers, then they must be paid the same wage W in each sector.
F. If the nominal wage W is the same in both sectors, but the real wage in terms of farm goods is greater than the real wage in terms of haircuts, then the price of haircuts must have risen relative to the price of farm goods.</span>
Answer:
A. True
Explanation:
Gold is a valuable commodity acquired for various reasons. In economists, gold is as a store of value and an investment tool. Gold is traded in the financial markets like other valuable metals such as silver and copper.
If investors anticipate the price of gold to rise in the near future, demand for gold will increase. Gold will be bought as an investment asset for speculative purposes. Traders will buy gold and the current prices and wait to sell when the prices rise. Investors take advantage of price movement to make profits.
Answer:
True
Explanation:
The eleven categories are
- Visualization : for better understanding of data
- Argumentation: visualize the structure of complex arguments using graphs
- eParticipation : encourages participation in social and political process
- Opinion mining : interpret public comments written in different application
- Simulation :guides towards making decision concerning future actions
- Serious games:Train users
- Policy making : to help in policy making
- Persuasive tools : to convince users for change of attitude
- Social network analysis : analyse social network users behavioral pattern
- Big data : supports helps in processing large data
- Semantics and linked data: analyzing and publishing large data
Answer:
a. supporting leader style
Explanation:
in a supporting leadership style, the head of the team is aim at developing his or her team member (sub ordinate), training them to be independent and guide them on how to achieve a given task.
in this scenario, Julia shows a supporting leadership style by:
providing aid and guidance to her subordinates and
acknowledging their accomplishments and allows them to provide suggestions.
She is trying to help her subordinate to achieve the challenge tasks given to them.
Answer:
retail - cost) / retail) * 100 =
((5 - 3.5) / 5) * 100 =
(1.5/5) * 100 =
0.3 * 100 =
30% <==
Explanation:
