Answer:
<u>domain specific.</u>
Explanation:
In this matter, we can analyze that Raymond has practical intelligence, which can be defined as the constitution of actions or repeated uses that will result in knowledge, that is, he has specific domain over certain subjects, such as his broad knowledge and experience in leadership of a pharmaceutical research team.
Therefore, when asked to organize a fundraising activity for a charity, he feels unprepared and uncomfortable, due to the lack of specific domain, that is, experience and repetition of performing such task.
Answer:
The Fair Labor Standards Act was established in 1938.
Answer:
<u>involuntary employment</u>
<u>Explanation:</u>
The Post-Keynesianism view is that effective demand is the main determinant of economic performance.
Thus, Keynesianism states that in an economy where there is a significant reduction in demand, it will affect the labor market which further leads to lower wages.
For example, an airline that has 100 workers is experiencing a sharp decline in demand (of flight bookings) because of a government lockdown may decide to cut down their staff capacity ad a result. leading to <u>involuntary employment.</u>
Wages would fall as the number of workers available grows. Landowners in Louisiana will earn more rent as the demand for land increases.
<h3>What is the
law of demand and supply?</h3>
The law of supply and demand is still in effect:
Wages: when the amount supplied increases, but the quantity required does not, the price falls.
When the quantity required increases without the quantity supplied increasing, the price rises.
Thus, Wages would fall as the number of workers available grows.
For more details about law of demand, click here:
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