Answer:
A. the extent of workforce commitment, both emotional and intellectual, to accomplishing the work, mission, and vision of the organization
Explanation:
Answer:
Real rate of return= 0.048 = 4.8%
Explanation:
Giving the following information:
Nominal rate of return= 11.7%
Inflation rate= 6.9%
<u>To calculate the real rate of return, we need to use the following formula:</u>
Real rate of return= nominal rate of return - inflation rate
Real rate of return= 0.117 - 0.069
Real rate of return= 0.048 = 4.8%
The inflation rate decreases the real value of money through time.
On the far right side of the AS curve, the economy is producing above potential, and on the far left of the curve, it is producing below potential.
<h3>What is AS curve?</h3>
It should be noted that the AS curve simply means the aggregate supply curve and it's the quantity of real GDP that's supplier by the economy.
In this case, on the far right side of the AS curve, the economy is producing above potential, and on the far left of the curve, it is producing below potential.
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