Answer:
Explanation:
PESTLE analysis is a tool to identify those external factors which influences organization.
P: Political Factors influencing organization's performance.
E: Economical Factors creating hurdles in the way of the organizations.
S: Social Factors account for changed behavior of consumers towards organization.
T: Technological Factors playing it's role in influencing organizational performance.
L: Legal Factors accounting for legal barriers for the organizations.
E: Environmental Factors affecting companies but no one pays attention to it.
- Salsa's increased popularity is represented by Social Factor: As belief is the most vital element which has effect on consumers decision making a company's growth or loss can be accounted for it. Not just belief the demographics and the attitude of people towards general issues can play their roles as well.
The economic growth in the recruitment letter was demonstrated as a result of industrial production.
<h3>What is economic growth?</h3>
A stable uplift in the economic conditions, in comparison to the previous economic period(s), is regarded as an economic growth. It is driven by many external factors.
In the recruitment letter, it was found that the increase in the industrial productivity led to extreme economic growth in the United States of America.
Hence, the reasons for the economic growth have been aforementioned.
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<span>A. According to the neoclassical theory, technical progress that increases the marginal product of farmers causes their real wage to rise.
B. The real wage in (a) is measured in terms of farm goods. That is, if the nominal wage is in dollars, then the real wage is W/PF, where PF is the dollar price of farm goods.
C. If the marginal productivity of barbers is unchanged, the their real wage is unchaged.
D. The real wage in (c) is measured in terms of haircuts. That is, if the nominal wage is in dollars, then the real wage is W/PH, where PH is the dollar price of a hair-cut.
E. If workers can move freely between being farmers and being barbers, then they must be paid the same wage W in each sector.
F. If the nominal wage W is the same in both sectors, but the real wage in terms of farm goods is greater than the real wage in terms of haircuts, then the price of haircuts must have risen relative to the price of farm goods.</span>
if the discount (or interest) rate is positive, the future value of an expected series of payments will always exceed the present value of the same series
True
What is a discount(or interest) rate?
An interest rate is the rate of return the present value of the series can over as an interest over the investment time horizon.
On the premise that the interest rate is positive, it means that there would positive value-added over the investment period which increases the present value to ensure that the future value exceeds the present value
In other words, a positive discount or interest ensures a higher future value
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She would have to pay back for the more expensive interest than the less expensive interest which will be calculated in the form of simple interest and compound interest .
Simple interest
10000 x .07 = 700
700 x 5 = 3500
total 13500
Compund interest
10000(1.06)^5 = 13382.26
13500 - 13382.26 = 117.74
118 rounded
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