I agree but what is your question regarding this statement?
: The concept that a manager's influence extends far beyond the results that can be achieved by an individual acting alone is called the multiplier effect.
: The multiplier effect mainly indicate the rise in final outcome of any production after a certain period of time. It shows the change in economy of a nation or an organisation and monitors the economic growth in of a certain period of time. It also reflects the rise in income happened because of any new idea of spending wealth or investment of money.
The multiple effect came in action when the final income or economy report of the nation or an big organisation shows a great hike in profit and that all happened because of a new step that was taken before to earn maximum profit for the nation or the firm. The effect is the major cause of gain in final outcome of the economy of a nation measured after the decided period of time.
Answer: The demand for Labour will rise while the supply for Labour will fall, this will cause the wage rate to rise
Explanation:
Competitive labour market : This is a market where there is many employers and unorganized employees to the level that a single employers in the market cannot influence the wage rate on their own either by refusing to employ or by refusing to be employed. The employers in the competitive labour market are wage taker. The wage rate in a competitive labour market is determined by the market mechanism of interplay of demand and supply. In the sense that, when the demand for Labour in the market is more than supply wage rate will rise, conversely if the supply for Labour is more than demand wage rate will fall. Then if demand for Labour is equal to supply wage rate will be favourable to both the employers and the employees in the market.
In this case, since some politicians are considering restricting immigration from these countries where the Labour comes from this will result in the shortages in the supply of labour and since demand cannot match up with the supply this will cause the wage rate to rise.
Answer:
Explanation:
Many of us see “limited government” as equivalent to “small government.” We may also believe that implicit in the idea of limited government is that the government should have limited ability to regulate industry or the “free market.” But the true definition of limited government has a lot more to do with the Constitution than it does with the free market.
Answer:
C: The gold standard hurts every worker of the Us
Explanation:
That answer makes the most sense to me, seeing as he is seemingly speaking for all workers who are affected by the gold. It could possibly be A but C makes the most sense to me.
