Answer: Worsen; benefits
Explanation:
Specific Automakers is signing a long term contract with the union who are the representative of workers.
Real wages should increase by = 2%
Expected inflation = 5%
Nominal wage increase = 7%
Actual inflation = 6%
Actual inflation is greater than expected inflation, so this would worsen the union and it is beneficial for the automakers because now real wage increase is only:
= Nominal wage - Actual inflation rate
= 7% - 6%
= 1%
This is an example of re-distributive cost of inflation.
Government fiscal policy measures would lower tax rates and expand the money supply.
<h3>What is the economy?</h3>
- An economy is a region where products and services are produced, distributed, traded, and consumed.
- It is generally understood to be a social domain that emphasizes the behaviors, discourses, and tangible manifestations connected to the creation, utilization, and management of finite resources.
- One's culture, values, education, technological advancement, history, social organization, political structure, legal system, and natural resources are all major determinants of an economy's processes.
- These elements determine the parameters and conditions under which an economy operates in addition to providing background and content.
- In other words, the economic realm is a social domain made up of connected human behaviors and exchanges that cannot exist independently.
<h3>What do you mean by the government?</h3>
- An organized community is governed by a system or group of individuals, typically a state.
- Government often consists of the legislative, executive, and judicial branches in the case of its broad associative definition.
- Government is a tool for making policy decisions as well as a way to enforce organizational policies.
- A declaration of the government's guiding principles and philosophy is the equivalent of a form of constitution in many nations.
Learn more about the economy here:
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Answer:
Agency Broker
Explanation:
An agency broker handle the demonstrations to the greatest advantage of its customers. An organization dealer has a duty to locate the best execution for its customers. For instance, an organization specialist may endeavor to take care of customer orders at the most reduced cost or as fast as would be prudent. An intermediary acting in a seller limit doesn't have a duty to the customer setting the exchange.
Answer:
The following are the solution to the given question:
Explanation:
In option a:
The Mandovi's absolute benefit in this issue is that so many ratios are produced and transform because less power is spent than Ducennia (50 -100 compounds to 150 -200).
In option b:
In option c:
There are a total of 1 billion labours are available for the equally divided for 0.5 billion and 0.5 billion for both and the Rotiods is
and for taurous = .
In order to help the
student expand his/her knowledge I will help answer the question. This in hope
that the student will get a piece of knowledge that will help him/her through
his/her homework or future tests.
In economics a
balanced budget means an annual budget in which expenditures equal revenues. The
correct answer is letter
<span>a. a budget in which
revenues are equal to spending.</span>
I hope it helps,
Regards.