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Svetach [21]
3 years ago
5

The classical dichotomy and the neutrality of money

Business
1 answer:
GalinKa [24]3 years ago
3 0

Answer:

1. Relative price = $3

2. Increases

3. affects , not affect

Explanation:

As per the data given in the question,

1) The relative price of a paperback novel in 2016 = Maria,s wage ÷ Price of a paperback novel

= $54÷$18

= $3

2) Between 2011 and 2016, the nominal value increases and the real value of Maria's wage remains the same.

3)Monetary neutrality is proposition that the change in the money supply affects the nominal variables but it does not affect the real variables.

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Of the four attributes of a national or country-specific environment that have an important impact on the global competitiveness
Lelu [443]

Answer:

d. The presence or absence in a nation of supplier industries and related industries that are internationally competitive

Explanation:

Related and supporting industries can be described as upstream and downstream industries which bring about innovation via exchanging ideas.

In an economy, upstream industries are reliable supplier of inputs to a company, while downstream industries assist a company in marketing and distributing its products.

The absence or presence of the related and supporting industries usually have effect on the success of a company in a country.

8 0
3 years ago
What is the problem associated with service quality standards such as "be nice" or "do what the customers want"?
Rama09 [41]

Answer:

b. They are not specific

Explanation:

The main problem with service quality standards such as "be nice" or "do what the customers want" is that they are not specific. An individual may think that they are being nice, while another person may take that behavior as being sarcastic or "having an attitude". The same goes for "do what the customer wants" since there are things that an employee is not allowed to do at all.

5 0
3 years ago
Carlsberg beer has an elasticity of -0.5 and the company decided cut prices to increase the total revenues on New Year’s Eve.
USPshnik [31]

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4 0
2 years ago
Green Corporation hires six individuals on January 4, 2019, all of whom qualify for the work opportunity credit. Three of these
ivann1987 [24]

Answer: $4,650 Tax Credit

Explanation: Green Corporation is entitled to file for a work opportunity credit as it has given work opportunities to workers with significant barriers to employment.

Green Corporation is entitled to get 40% on wages paid per year on workers who worked for at least 400 hrs and 25% for at least 120 hrs

Green Corporation had 2 sets of workers in this category and they are:

Set 1 worked 400 hrs and are paid $8,500

Set 2 worked 300 hrs and are paid $5,000

to get the work opportunity credit for 2019:

$8,500 * 40%+ $5,000 *25% = $3,400+$1,250= $4,650

3 0
3 years ago
Japan, with a high population density and a large number of urban centers that grew up before the automobile, has a retail syste
Hitman42 [59]

Answer:

Fragmented Retail system

Explanation:

A fragmented retail system can be defined as a market in which no firm can has or can exert any influence to move the market in a particular direction.

This simply means that a fragmented retail system is one in which no product or firm has a grip or major share in the market. This leaves the market to a lot of small and medium scaled businesses competing with larger companies.

From the question, it can be seen that there a lots of small stores that serves the neighborhood. This means that the small shops cater for the needs of people within its vicinity such that there isn't any need for visiting larger stores.

Cheers

3 0
3 years ago
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