When interest rates are high, then the consumers have a greater incentive to save more, but when interest rates are low, consumer have a greater incentive to borrow more.
<h3>What is Interest Rate? </h3>
This refers to the charge which is given for a particular loan which is replayed after a certain time.
With this in mind, high interest rates are not appealing to customers so they rather save and then borrow when the interest rates are low.
Read more about interest rates here:
Answer:
$20,000
Explanation:
Since Slide Company does not have any controlling interest which is ability to influence the decision making.
In Power Company, it should recognize the amount of below as dividend income in the current year,
50,000 * 40% = $20,000
Answer:
Performance appraisal in a company with diverse workforce becomes difficult because of some cultural biases that may exist between the manager, who is doing the appraisal, and the diverse workforce. This problem becomes more acute if the manager is culturally biased and discriminatory by practise.
Explanation:
Company A can have a diverse workforce if it is made up of employees from culturally different places working together in the same workplace. Bias often arises due to human cultural nuisances. This becomes more obvious where managers are from some particular cultures while the employees are from mixed cultures. In such situations, the managers need to be retrained to enable them embrace cultural diversity in the workplace and in performance evaluation.
Answer:
recruitment policy
Explanation:
A recruitment policy is a statement on how you hire. It outlines your company's preferred hiring practices and promotes consistency within your employee recruiting process
Answer:
Unemployment rate is 25%
Explanation:
The percentage of people eligible for job and not currently involved in paid work or self employed and available for work as well is called rate of unemployment. It is the percentage of people who is not currently woking seeking the job.
Labor Force = Employed persons + Unemployed persons
Labor Force = 24 million + 8 million
Labor Force = 32 million
Unemployment rate = ( Unemployed persons / Labor force ) x 100
Unemployment rate = ( 8 million / 32 million ) x 100 = 25%