The ratchet effect refers to a situation where workers subject to performance pay choose to restrict their output, because they rationally anticipate that firms will respond to higher output levels by raising output requirements or cutting pay.
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Answer:
D. The Chinese government has recently raised taxes on all foreign products
Explanation:
If the consumer expects the price of computers in China will rise, the demand for imported goods in China will rise. And the producer will export more goods to China.
Therefore the correct option is, Chinese government has recently raised taxes on
all foreign products
Answer:
H + 2 + A = 92
Therefore, Hannah is 47 years old and Anthony is 45.
Explanation:
Since Hannah and Anthony are siblings who have ages that are consecutive odd integers, and the sum of their ages is 92, to determine which equations could be used to find Hannah's age, H, if she is the older sibling, the following calculation:
H + 2 = A
H + 2 + A = 92
H + A = 90
90/2 = A
45 = A
45 + 2 = H
47 = H
Therefore, Hannah is 47 years old and Anthony is 45.