If something goes wrong, the company will make sure you're not completely screwed.
Answer:
wages decrease
Explanation:
Labor is a factor of production and has a price like all other inputs. In the economy, labor is a commodity whose price is determined by the forces of demand and supply. When there is an oversupply of labor, its equilibrium price will decrease.
The equilibrium price of labor is the prevailing wage rate, where demand matches supply. When immigration adds to the labor force, it means an additional supply of able and willing workers in the markets. There will be many sellers or workers offering to supply labor services to the existing job openings. As a result, the price of labor will reduce as buyers or employers can lower the wage rate and still get the labor services they require.
It is the form of product advertisement.
<h3>
What is a product advertisement?</h3>
- Product advertising promotes a specific product of a brand rather than the brand itself.
- These advertising emphasize product characteristics and benefits rather than brand reputation or brand awareness.
- Direct mail, comparative, cooperative, informational, and outdoor advertising are some kinds of product advertising.
- Television, radio, print, websites, social media, outdoor/billboards, and digital placement are all examples of advertising channels.
- Broker Barb advertises her listed homes in the weekend paper with a two-page color full-page ad, which is also a type of product advertising.
Therefore, in the given situation it is the form of product advertisement.
Know more about product advertisements here:
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Buying stocks on credit. because you're borrowing capital from a broker to buy stocks
Answer:
Salary 2019= $112,404.7
Explanation:
Giving the following information:
Salary 2012= $70,000
Inflation rate= 7%
Salary 2019= ?
To calculate the nominal value of your salary to maintain the purchasing power, we need to use the following formula:
FV= PV*(1+i)^n
FV= 70,000*(1.07^7)
FV= $112,404.7