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Andru [333]
3 years ago
14

If your employer gives you a raise that is less than the inflation rate, it means that

Business
2 answers:
Sunny_sXe [5.5K]3 years ago
3 0

Answer:

The employee is losing purchasing power.

Explanation:

Inflation can be defined as a sustained increase in the general price level of goods and services in an economy over a particular period of time.

The inflation rate has a direct bearing on your income because if your history of salary increases at your company is less than the inflation rate, year after year you are losing purchasing power.

Rashid [163]3 years ago
3 0

Answer:

your real wage (salary) will decrease

Explanation:

the change in a person's real wage = nominal wage - inflation rate

In order for your real wage to at least remain the same and not decrease with inflation, it must increase in the same proportion. The formula used to calculate real wage = nominal wage / (1 + change in the CPI)

Many labor contracts, specially unionized labor agreements, use cot-of-living clauses which adjust wages to CPI increases. It doesn't apply when the CPI decreases though.

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With ________ products and services, a higher price might lead to a greater quantity sold, but only up to a certain point.
blsea [12.9K]

With prestige products and services, a higher price might lead to a greater quantity sold, but only up to a certain point.

A product is something that can be supplied to a market in order to satiate a customer's need or desire. In case of marketing, a product is an item or service which is made accessible for consumer utility in response to their demand. Products are also sometimes found in form of merchandise in the retail sector, or they are purchased as raw materials and then made into finished things in the manufacturing sector. The most common types of commodities are basic materials which includes metals or agricultural goods, but can also include anything that is readily available in the open market. 

Learn more about products here:

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2 years ago
If only one person has the necessary it skills and experience to evaluate systems requests, that person should consult closely w
Ugo [173]
I am very sure that the answer to this question is true.
8 0
3 years ago
To prepare for a trial between SmartPhones, Inc., and TechApps Company, TechApps' attorney places SmartPhones' chief executive o
katrin [286]

Answer:

A deposition

Explanation:

Deposition is the term under the law of the US (United States), which is defined as it involve the taking of sworn, oral testimony in the out of court, to witness that it might reduce to a transcript which is written for the later use in the court or for the motive or the purpose of the discovery.

Therefore, a deposition is required to prepare for the trial among the companies so that the court official make a record of the questions of the attorney and the answers of the CEO.

5 0
3 years ago
What are the pros and cons of the current highway funding structure as related the taxes paid by motor carriers?
belka [17]
Below are the pros and cons of the current highway funding structure as related to taxes paid by motor<span> carriers:


Cons:

1. There is solid restriction to fuel charges increase. 
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2. The clients of the current aberrant client charge framework which depends on tax assessment of the devoured fuel are uninformed of the sum they pay as fuel charges. 

Pros
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7 0
3 years ago
this is not only a value in itself but a value that guarantees other values. a. patience. b.fairness. c.respect. d integrity​
Margaret [11]

Answer: Integrity

Explanation:

Integrity isn't only a value in itself but a value that guarantees other values. Integrity means to be true to ones values and act in accordance to those values.

A person with integrity has ethical principles and always does the right thing. Employees like people who have integrity Workers build relationships based on integrity.

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3 years ago
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