(p)*(i)*(t)
200*32%*1m
200*.32*(1/12)=5.333
the correct answer should be
A) 5.33
Answer:
<u>Understand the decisions</u>
Explanation:
Whenever people as a group discuss a matter, bringing out all argument in favor and against a decision and subsequently settle upon a course of alternative, such an activity promotes mutual understanding and resolves conflicts.
Involving the people in decision making process, who will ultimately implement a decision, builds trust and makes the implementation process much smoother as employees are able to gain a better understanding.
In the given case, Terra invited her staff for discussions, exchange of ideas and thoughts so as to collectively as a group, arrive at a decision. Members in such a scenario will be able to appreciate the decision better and such an activity helps people to gain a better understanding of the decision.
Answer:
D
Explanation:
Per capita GDP measures the standard of living of the people in a country. The higher the Per capita GDP, the higher the standard of living
Per capita GDP = GDP / population
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
South Korea operates a market economy compared with North Korea. A market economy leads to greater efficiency in production when compared with a command economy.
A market economy is an economy where production decisions are made by the forces of demand and supply. there is no intervention of the government in production decisions
Characteristics of a market economy
• Private ownership of means of production
• freedom of choice. Producers are free to produce what they desire
• competition among producers
• no government intervention.
A command economy is an economy where production decisions are made by the government.
Answer:
B ) Adjust to pay the cost of living, is the correct option.
Explanation:
Automatic Stabilizers are government spending and taxes which automatically increase or decrease with the business cycle or the spending and tax changes that increase or decrease over the business cycle without any action by the government. The example of automatic stabilizers is unemployment insurance payments which rise because of layoffs in a recession and falls as the employment increases in the expansion phase of the business cycle.
Income taxes also have this effect, as when income fells people have to pay less in incomes. The automatic stabilizer government programs tends to reduce the fluctuations in the GDP automatically.