Answer:
Since the multiplier is now higher than before, this change in MPS will therefore make the real gross domestic product (GDP) to increase.
Explanation:
Old marginal propensity to save = 0.25
Old marginal propensity to consume = 1 - 0.25 = 0.75
Old multiplier = 1 / Old marginal propensity to save = 1 / 0.25 = 4
New marginal propensity to save = 0.20
New marginal propensity to consume = 1 - 0.20 = 0.80
New multiplier = 1 / New marginal propensity to save = 1 / 0.20 = 5
Change in multiplier = New multiplier - Old multiplier = 5 - 4 = 1
Therefore, the decrease in marginal propensity to save (MPS) will increase marginal propensity to consume (MPC) form 0.75 to 0.80 and the multiplier from 4 to 5.
Since the multiplier is now higher than before, this change in MPS will therefore make the real gross domestic product (GDP) to increase.
Answer:
probably not paying it off in time or something
Explanation:
Answer:
The correct answer is: HR audit.
Explanation:
An HR audit is the evaluation of the performance of the Human Resources (<em>HR</em>) department and the overall practices that are carried out by the workers in that area. Policies, procedures, documentation, and systems will allow the evaluators to find the department's strengths and points for improvement.
Since today is Jerry's first day as a cashier at the grocery store and he is spending some hours observing another colleague, the use of the cash register, Jerry is receiving an example of on-the-job training.
- An on-the-job training exposes the recruit to the tools, processes, and environment of the job.
- An on-the-job training involves initial observation of another colleague doing the job, receiving instructions from supervisors, and practical experience.
- Observation helps the recruit to see how the job is done and to ask questions for clarifications. Instructions are given so that the recruit understands the entity's practices and procedures. The hands-on experience enables the recruit to start doing the tasks involved in the job.
Thus, on-the-job training is an aspect of Human Resources Management that helps Jerry to acquire competences and skills to carry out the cashier job at the grocery store.
Learn more about on-the-job training at brainly.com/question/17057337
