Answer:
increase in real wages, hiring less workers
Explanation:
In the case when the nominal wages are remain same but at the same time the level of the price should changed so if there is an decrease in the level of the price so that means there is an increased in the real wages as it is an inverse relationship between the real wages and the price level due to this the firm could hired less workers as the wages are increased
Lewin's force field model emphasizes that effective change occurs by unfreezing the current situation, moving to the desired condition, and then refreezing the system so it remains in the desired state.
Kurt Lewin's force field theory argues that organizations are in balance between their forces for change and their resistance to change, a related perspective on how managers can effect change in organizations.
Lewin's Force Field Analysis Model - (Social psychologist Kurt Lewin) A model for system-wide change. Helps change owners diagnose the forces driving and hindering proposed organizational change. Thaw and refreeze. Created by changing the driving force and holding force. -Create urgency for change.
Force field analysis helps teams explore the strengths and weaknesses of a problem and how they affect the solution of that problem. Simple comparisons can present strengths and weaknesses, enabling consensus and shared decision-making.
Learn more about Lewin's force here brainly.com/question/27334968
#SPJ4
Answer:
Different variable in relative forms
Explanation:
Index numbers allow to compare the relative values of different values.
To do so, an index is made by equating a value to a base value, usually a value of 100, and other variables that are to be compared with the index value are expressed in terms of how different or far they are from the base value.
For example, suppose that inflation for year 1 is 4%, and this is indexed to be the base value 100. If inflation for year 2 is 8%, then, the inflation value is 200 in terms of the index, or twice as much as the value of the base year.
Answer:B. $700 of new reserves.
Explanation: Reserve ratio is the percentages of bank deposits which commercial banks must keep with them and not lend out, this is done by central bank in order to control inflation, interest rates etc
In ordinary terms reserve ratio is the percentage amount that is kept aside for future endeavours. Reserve ratio is very good to protect an organisation or a country during trying times.
A higher reserve ratio will reduce money lending rate and make commercial banks have less amounts to lend out.
If the reserve ratio is 12.5%, the dollar value of the amount that can be reserved from $5600.
The formula is as follows,the reserve ratio divided by one hundred multiplied by the amount. The reserve in Dollar value will be
Equal to (12.5%/100)*$5600= $700.
