Im pretty sure the answer is A but somebody check me if im wrong
Answer: ADVERSE SELECTION OF WAGE CUTS
Explanation:
This phenomenon refers to situational where the best employees leave a job because they feel their productivity is higher than they are bring paid for. Conversely, the lesser attractive employees stay because they are being paid equitably or even more than their productivity.
The effect of this can be even more reduced productivity.
For example,
Parrain Inc in response to low productivity drops salaries to $10 an hour for the manufacturing of pencils. Each employee is required to make 30 pencils an hour. Some employees make 40 pencils an hour and feel they are not being well compensated and leave.
This will drop the amount of pencils Parrain Inc is producing. They respond by reducing salaries again which now prompts those that were making 35 pencils an hour to leave. Productivity drops again and the cycle repeats.
Answer:
Explanation:
The United States is not a direct democracy, in the sense of a country in which laws (and other government decisions) are made predominantly by majority vote. Some lawmaking is done this way, on the state and local levels, but it’s only a tiny fraction of all lawmaking. But we are a representative democracy, which is a form of democracy.
True - Peace with honor was indeed President Nixon’s goal when his Secretary of State, Henry Kissinger, began negotiating a cease fire with North Vietnam.