<span>Lead-the-market pay strategies.
An employer may choose to establish an internal compensation strategy that is in excess of the pay rates in the prevailing marketplace. This compensation strategy may increase the supply of candidates, increase selection rates of qualified applicants, decrease employee turnover, increase morale and productivity, or prevent unionization efforts. However, prior to implementing a lead compensation strategy, an organization should carefully consider what benefits it expects to realize from such a strategy, keeping in mind that this type of structure has the greatest propensity of increasing overall labor costs.</span>
The growth rate of Nominal GDP from 2007 to 2008 is 100%.
Nominal GDP is the gross domestic product of a country that is calculated using current year prices. It included real GDP and inflation.
Growth rate in GDP = (nominal GDP in 2008 / nominal GDP in 2007) - 1
Nominal GDP in 2007 = (60 x 100) + (15 x 20)
= $6000 + $300
= $6,300
Nominal GDP in 2008 = (60 x 200) + (12 x 50)
$12,000 + 600
= $12,600
Growth rate = ($12,600 / 6,300) - 1 = 100%
Please find attached an image of the table used in answering this question. To learn more about GDP, please check: brainly.com/question/25780486
<span>If you cause a car accident, which type of insurance will require you to pay the least out of pocket? A low deductible plan. When you have a low deductible plan, you are going to pay less out of pocket because you will likely meet your out of pocket max in a short timeframe. When you meet your out of pocket max, you hit your deductible amount that needs to be paid by you and then your insurance will handle the rest. </span>
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