Explanation:
If employees think their organization is overly driven by politics then
- The employees are less committed to the organization
- The employees have lower job satisfaction and perform worse on the job
- The employees have higher levels of job anxiety
- The employees also have a higher incidence of depressed mood.
Answer:
d. no individual buyer or seller has any significant impact on the market price.
Explanation:
A competitive market is a market in which there are many buyers and many sellers so that each has a negligible impact on the market price.
Answer:
For the Economist A the spending multiplier is = 8, the tax multiplier = 4, the increase in spending is = $4 billion, the tax cut is = $8 billion.
For the Economist B, the spending multiplier is =4, the tax multiplier = 2, the increase in spending is = $8 billion, the tax cut is = $16 billion.
Explanation:
Solution
Given that:
(1)The Economist A
The Spending multiplier = 8
In closing the output gap of $32 billion, required increase in spending = $32 billion / 8 = $4 billion
Thus,
The tax multiplier = 4
To close output gap of $32 billion, required decrease in tax = $32 billion / 4 = $8 billion
(2)The Economist B
Now,
The spending multiplier = 4
To close output gap of $32 billion, required increase in spending = $32 billion / 4 = $8 billion
So,
Tax multiplier = 2
To close output gap of $32 billion, required decrease in tax = $32 billion / 2 = $16 billion
Answer: communication skills
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