I understand it that they cannot control their cost increases because they cannot for example increase the prize of the service they provide.
This means that they will have less money if some costs increase, for example if the prize of gas increases. Therefore, the salaries will be lower, since there will be less money to distribute.
Real earnings decreased for high school education because globalization has helped those with greater education more than those with less education.
<h3>Decrease in real earnings</h3>
Due to globalization people with higher education or higher qualification has more advantage over those with lesser education or high school education.
This occur because technological changes in recent decades has lead or result in high demand for people with more or higher education.
Inconclusion real earnings decreased for high school education because of globalization.
Learn more about Decrease in real earnings here:brainly.com/question/25302588
The answer to your question is D
Answer: Vroom and Yetton's normative decision model.
Explanation:
The Vroom–Yetton normative decision model is a situational leadership theory of industrial and organizational psychology that was developed by Victor Vroom, in collaboration with Phillip Yetton and later with Arthur Jago. The situational theory argues the best style of leadership is contingent to the situation.
Regarding decision making, the Vroom-Yetton model suggests that being autocratic, seeking advice, considering alternative approaches before a decision is made, informing a group on an issue, and letting that group develop the solution without forcing your own ideas are all important at times.
Answer:
a. an increase in output and an increase in the price level.
Explanation:
If Aggregate Demand increases, this will result in an increase in output and an increase in the price because short run <u>aggregate demand measures total output for a single nominal price level</u>
<u>In the long-run, increases in aggregate demand cause the price of a good or service to increase. When the demand increases the aggregate demand curve shifts to the right. </u>
<u>Also, increased demand for a product in the long run will lead to increased output being supplied.</u>
The aggregate supply determines <u>the extent to which the aggregate demand increases the output and prices of a good or service.
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