Explanation:
Menu cost, shoe leather cost, losing money and wealth redistribution from creditors to debtors through inflation.
Most people cut down their spending when they are not making enough money or when there is continuous increase in price, during this period people are mindful of what they spend money on, this will lead to lowered economic growth over a long period of time.
The most important will be the effect of money losing it's value, the fact that money loses its purchasing power which will lead to decrease in demand for goods and services as well as lack of savings will increase the bottleneck on welfare services as people will rely more on them, this will hurt US the most.
In the United States, because worker membership in labor unions has been <u>declining </u>union impact has been decreasing in the labor market.
Unions reduce salary inequality because they increase wages greater for low- and center-salary people than for better-wage people, extra for blue-collar than for white-collar employees, and extra for workers who do now not have a university diploma. Strong unions set a pay fashionable that employment growth follows.
We discover that unions adversely have an effect on unemployment rates and the boom fees of gross state product (GSP), productivity, and the populace at the same time as increasing the rate of salary inflation.
The impact of the employment growth charge is bad however not tremendous.
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Answer:
B. Escalator Clause
Explanation:
An escalation clause is a clause in a lease or contract that guarantees a change in the agreement price once a particular factor beyond control of either party affecting the value has been determined. An important example of this is a contract that adjusts for inflation.
The answer is c. Internal events are kind of like a V.I.P. things while external events are more public.
Answer: 10-20%
Explanation: A contingency factor is anything you can't predict accurately or forecast in the future. In order to cover currency fluctuations when services are done in local currency, contingency cost of 10-20% over basic cost estimate is advisable.