The idea behind Nixon's decision to "freeze" wages and prices was inflation affects wages and prices, so freezing those would halt inflation.
When the total demand (AD) exceeds the total supply (AS) of a given item or service in the market, this is referred to as inflation.
As a result, the cost of those goods and services rises. This occurs as a result of people having money, either through high government spending or from high incomes or low loan rates.
Nixon thus decides to maintain a specific level of prices and salaries in order to freeze employment. As a result, the population's purchasing power will be constrained, and prices will eventually balance out.
Read more about Inflation:
brainly.com/question/13865168
#SPJ4
Answer:
The speaker should seek and understand feedback from the speaker's audience
Explanation:
Business communication is defined as the exchange of information among people in an organization that seek to promote the aims, goals and objectives of the organization . It also refers to how information is shared to consumers in order to promote its products for profit increase.
Business communication is said to be effective when the speaker seek and understand feedback from it's audience. This helps management to effectively discharge their duties in the organization.
Effective communication is that which must be complete, correct and factual. It must provide clarity where necessary. It must be concise and there must be an element of creativity .
Answer:
Sales Careers and Examples
Example Career
2. Channel Sales Manager (CSM) Sales Management and Support
4. Route Sales Representative Order-Takers
8. The Key Account Manager Missionary Salespeople
Explanation:
Fives Sales Job Categories:
(1) New business salesperson identifies prospects and sells to them.
(2) Order-taker fulfills orders without trying to acquire new ones.
(3) Missionary salespeople do not make actual sales but initiate the process with decision-makers.
(4) Sales management and support render management and support services to salespeople.
(5) Others include salespeople who do not fall into the above categories.
Answer:
Cost of Equity = 11.30%
Explanation:
Computation Cost for Equity
Using Gordon Model
Market Price = [Dividend × (1 + Growth Rate )] / (Cost of Equity - Growth Rate)
41.08 = [$3.01 × (1 + 0.037)] / (Cost of Equity - 0.037)
41.08 = [$3.01 × (1.037)] / (Cost of Equity - 0.037)
Cost of Equity - 0.037 = $3.12 / 41.08
Cost of Equity - 0.037 = $0.076
Cost of Equity = 0.076 + 0.037
Cost of Equity = 0.1130
Cost of Equity = 11.30%
