6. The effects of inflation Suppose Friendly Airlines is considering signing a long-term contract with the union representing its pilots. Friendly Airlines and the union both agree that real wages should increase by 3%. Inflation is expected to be 6%, so they agree on a 9% nominal wage increase. Now, suppose inflation turns out to be lower than expected, coming in at 5%. This would the union and Friendly Airlines because the real wage increase would now be .

Answers

Answer 1

If inflation is lower than expected, it would benefit the union and it would be a disadvantage to Friendly Airlines because the real wage increase would now be 4%.

What is inflation?

Inflation is when there is a general increase in the general price level of an economy. If inflation turns out to be lower than expected, the employers would be at a disadvantage while the employees would be at advantage because there would be an increase in their real wages.

Increase in real wage = real increase in wage + (expected inflation + actual inflation)

3% + (6% - 5%) = 4%

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Related Questions

Lola is in the process of selecting a campaign type to suit her business objectives. Why is it important that she consider business objectives before choosing her campaign type?

Answers

Digital advertisement services will mechanically create advert messaging based on the marketing campaign kind Lola chooses. The marketing campaign kind selected will decide which advertisements seem and the layout of these advertisements.

What are Business Objectives?

Business objectives provide you the ability to monitor yourself and what kind of progress you are making. They offer a vital test that maintains you from turning blinded by your bias.

Objectives additionally assist to evaluate the personnel, in addition, to allowing personnel compare themselves.

Therefore, Digital advertisement services will mechanically create advert messaging based on the marketing campaign kind Lola chooses. The marketing campaign kind selected will decide which advertisements seem and the layout of these advertisements.

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The unexpected results in the first set of Hawthorne Experiments that led to the second set of experiments was: Multiple choice question. productivity continued to increase regardless of changing conditions productivity decreased when the lighting was reduced productivity continued to decrease regardless of changing conditions productivity decreased when the temperature was reduced

Answers

The unexpected results in the first set of Hawthorne Experiments that led to the second set of experiments was that productivity continued to increase regardless of changing conditions.

What is  Hawthorne Effect?

The Hawthorne Effect is when that explains that changes were made to   subjects of an experimental , the study can changes because of evaluation or study.

Therefore, Hawthornes, made us to understand through his experiment that  productivity continued to increase regardless of changing conditions.

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Answer:

productivity continued to increase regardless of changing conditions

researchers, realize there had to be another factor affecting productivity

researchers, thought they had failed due to unexpected results

Explanation:

1 pts Your friend wants to make a bet with you, and he gives you two options. If you choose Option 1, you will have an 80 percent chance of winning $100, but a 20 percent chance of losing $100. If you choose Option 2, you are guaranteed to win $5. If you are like most people when it comes to making decisions, you would probably choose ________ because of ________. Group of answer choices Option 1; confirmation bias Option 2: anchoring Option 1; the availability heuristic Option 2: loss aversion

Answers

A person, similar to most other people, in the situation given above will choose confirmation bias because of the loss aversion.

What is confirmation bias?

The general human tendency to decide or favor with a particular thing in such a way that there are no chances of losing, and it guarantees or confirms a benefit, is known as a confirmation bias.

Hence, options A-1; B-2 hold true regarding the confirmation bias in the given situation.

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The Age Discrimination in Employment Act: Multiple select question. bans mandatory retirement in the airline industry bans mandatory retirement in most organizations bans firing of workers aged 15-25 allows age restrictions for airline pilots

Answers

Bans mandatory retirement in most organization is the Age Discrimination in Employment act. As they do not protect the under 40 age.

What is Age Discrimination in Employment Act?

In the age discrimination  in the employment act, the age above the 40 years old was forbid. It does not have any regulation or protection for the age under 40, but in some of the industries it is illegal to employ the young people over the old age people.

Thus, option B is correct.

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In the context of using power ethically, managers should _____ for the ethical use of referent power.

Answers

In the context of using power ethically, managers should be cordial and polite for the ethical use of referent power. This is further explained below.

Who are managers?

Generally, managers are simply defined as the head of a company or group of employees.

In conclusion, Managers need to be kind and courteous. They must continually use authority and compel obedience.

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When consumers start searching for ways to satisfy needs, their internal search is characterized by A. consulting close friends and families before expanding the search to a wider, external group. B. the influence of advertising. C. looking through the internal records of a firm, often found on the company website. D. examining personal memories and knowledge. E. using the Internet to find what other consumers feel about a specific product or service.

Answers

Using the Internet to find what other consumers feel about a specific product or service is the  internal search is characterized, When consumers start searching for ways to satisfy needs.

How internet is helpful in finding out about things?

Internet is very useful in many ways for the consumers, some of them are-

It facilitates the person in viewing the reviews of the other person's views on the specific thingsit helps in finding out the best things that a person suits for themIt provides easy ecommerce service From which a person can buy things.It provides easy return, if something is not appropriate to use.

Thus, option E is correct.

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Pastries inc. sends rollo its catalogue showcasing a variety of baked goods for certain prices. this catalogue is: group of answer choices an invitation to negotiate, not an offer. an advertisement, not an offer. an offer. a request, not an offer.

Answers

The catalogue used by Pasties Inc is an example of an advertisement, not an offer.

What is an advertisement?

This means the promotion of a product to a target audience in order to attract interest, engagement and sales.

Here, the catalogue used by Pasties Inc is an example of an advertisement, not an offer.

Therefore, the Option B is correct.

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When practicing entrepreneurship, starting with means at hand involves ______. a.using your available resources to fund your venture b.analyzing who you are c.sharing your ideas d.asking friends to contribute to your venture

Answers

When practicing entrepreneurship, starting with means at hand involves analyzing who you are.

What is entrepreneurship?

entrepreneurship can be regarded as the term that describes owing a business and been responsible for both the risk and the profit.

Therefore, as an entrepreneur , you must be able to analyze who you are, so as to know your strength.

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Which is a private, not-for-profit organization that assesses the quality of managed care plans in the United States and releases the data to the public for consideration when selecting a managed care plan

Answers

The national committee for Quality Assurance is a  private, not-for-profit organization that assesses the quality of managed care plans.

What is the role of the national committee for Quality Assurance

The functions that this committee serves in the United States are:

They help to improve the quality of health care in the country.They help to provide evidence based standards in the nation.They also help with quality assurance and performance checks.They measure health programs and also help in their accreditation.

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The accounting information of a privately held company is generally available to all of the following except for Group of answer choices competitors governmental agencies investors creditors and lenders

Answers

The accounting information of a privately held company is generally available to all of the following except for A. Competitors.

What is a privately held company?

A privately held company is a private company.

It does not sell its stock or shares to the public.

Examples of privately held companies include:

Sole proprietorshipsLimited liability corporations (LLCs)S corporations (S-corps)Some C corporations (C-corps).

Thus, the accounting information of a privately held company is generally available to all (governmental agencies, investors, creditors, and lenders) except for A. Competitors.

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Resources needed to provide goods or services are called

Answers

Answer:

Factors of production

Explanation:

because the goods/services need to be produced

I hope this answered your question! Have a nice day! ^ ^

Answer: factors of production

Explanation:

I just took the edg. test  

What happens when a driver selects the driving range option from 2023 leaf’s available ev info menu?.

Answers

When a driver selects the driving range option from 2023 leaf’s available info menu a map displays the driving range. This is further explained below.

What is driving?

Generally, driving is simply defined as the factors that are initiated to moving a car or vehicle.

In conclusion, An interactive driving range map appears in the 2023 leaf's accessible information menu when a driver picks the option.

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When the plan to advertise in developing countries on the sides of buses fell through because of legal barriers, Mya brought her team together and charged them with coming up with a substitute advertising channel. She gave them the full authority to solve the problem and implement the solution. Mya is a manager who practices _______ with her employees.

Answers

Mya is a manager who practices intellectual stimulation with her employees.

What is intellectual stimulation?

Intellectual stimulation can be defined as a form of leadership style in which a manager (leader) encourages innovation and creativity among his or her subordinates (employees), as well as critical thinking and problem-solving skills.

In this context, we can infer and logically deduce that Mya is a manager who practices intellectual stimulation with her employees because she gave them full authority to solve the advertising problem and implement the solution.

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Magda is the CEO of a home electronics corporation. She wants to provide benefits for her employees but would still like to control the company's costs. Salena, the head of the HR department, suggests implementing a cafeteria-style plan. What would be the most likely benefit of Magda doing so

Answers

Magda will be benefited by attracting new employees and the retention of the employees in the organization.On cafeteria-style benefit plans, they do not have to pay FICA.

What is cafeteria-style benefits plans?

Cafeteria-style benefits plans is the benefit provided to the employees by reducing their tax liability. It gives the chance to the employees to choose the pre-tax benefits.

The most likely benefit that Magda would receive on this plan would be of the existing employees retention and their loyalty with satisfaction. They do not need to pay FICA on cafeteria-style benefits plans.

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What can happen to individuals who provide for themselves through farming, fishing, or hunting, and who barter and trade in low-income and middle-income countries

Answers

Individuals who provide for themselves through farming, fishing, or hunting, and who barter and trade in low-income and middle-income countries operate on traditional economy

What is traditional economy?

The economy is based on small scale selling of goods and exchange of product for survival.

The economy is unstable and hard to monitor while Individual operating the economy are not subject to what they have.

Therefore, Individuals who provide for themselves through farming, fishing, or hunting, and who barter and trade in low-income and middle-income countries operate on traditional economy.

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The law of demand states that, other things equal, when the price of a good Group of answer choices falls, the demand for the good rises. rises, the quantity demanded of the good rises. rises, the demand for the good falls. falls, the quantity demanded of the good rises.

Answers

Answer:

When the price of a good falls, the demand for the goods rises.

Explanation:

When there is an increase in price, the quantity of the goods demanded will fall. However, when prices are falling, the quantity of demand will fall.

Owen's firm runs their critical applications in a public cloud. recently, their launch of a new product resulted in a surge of customer orders, but they were unable to ramp up their computing capacity fast enough, and some customer's experienced problems. this demonstrates which common issue with public cloud computing

Answers

The given scenario demonstrates the common issue with public cloud computing of Wide variations in performance over time

What is Public Cloud Computing?

This refers to the IT model that makes use of computing services that are run by a third party and is available to the public for use.

Hence, we can see that based on the given description, Owen's firm runs their critical applications in a public cloud but they experienced fluctuations as some users were unable to effectively use it and this shows the wide variations in performance over time.

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Equity theory states that employees will perform well if they Multiple Choice understand the nature of their responsibilities. have an opportunity to impress others in the organization. believe the reward they receive fairly compensates them for their efforts when compared to others in similar positions. know that their supervisor has set reasonable performance goals and communicated them clearly.

Answers

According to the Equity Theory, the employees will perform well when they believe that the reward given to them for their efforts would be fair compensation in comparison to the employees in similar roles.

Option C is the correct answer.

Who formulated the Equity Theory?

The Equity Theory was formulated by John Adams in the year 1963 being the theory of motivation in the jobs.

Equity Theory is focused on providing equal benefits to employees with similar profiles. It requires that the resources should be fairly allocated between the identical roles performed by the employees. It could be identified by the ratio of contribution to be equal to rewards for each employee.

Therefore, the explanation provided in part C would describe the equity theory of motivation.

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explain the effect of climate change in the economy of nepal​

Answers

Nepal suffers excessive monetary expenses because of modern weather variability and extremes: the envisioned direct cost of those influences is equal to 1.5–2% of modern GDP/year. This is excessive via way of means of global levels.

What is the climate of Nepal?

The weather in Nepal varies from subtropical withinside the lowlands to chilly excessive-altitude weather withinside the mountains.

The country reports five unique seasons: summer, monsoon, autumn, iciness, and spring. During iciness, the Himalayas block the cold air, inflicting it to be pretty heat south of the Himalayas.

Therefore, Nepal suffers a huge economic loss due to the climatic conditions prevailing in the country.

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Seven years ago, you paid $324,800 to purchase a rental house. the maintenance expenses average $200 a month and property taxes are $4,800 annually. the house was recently appraised at $439,500. if you sell the house you will incur $14,200 in selling costs. if you decide to use the house as your office, what value should you assign it

Answers

The value that would be assigned to this house if you decide to use it as your office would be $ 425300

How to solve for the value of the house using opportunity cost

To get the value of the house, you have to get the opportunity cost of the house. This is the foregone alternative or benefits forgone due to another choice.

The formula is opportunity cost = Apprised Value - Selling costs

The apprised value = $439,500.

selling cost =  $14,200

$439,500 - $14,200

= $ 425300

Hence the value that should be assigned to it is $ 425300

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Which account does not appear on the balance sheet indeed?.

Answers

The accounts of off-balance sheet assets do not appear in the balance sheet of a business organization.

What are off-balance sheet assets?

The assets which are certain for a business, but are not allowed to be recorded in the balance sheet as per the accounting standards, are known as the off-balance sheet assets.

Hence, the significance of off-balance sheet assets is given above.

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5 strategies for keeping a job

Answers

positive attitude, stay busy and working, work fast, be reliable, be on time

I WILL GIVE BRAINLIEST!!!

How does scarcity affect a society like Venezuela?

Answers

Answer:

scarcity affect a society like vanezuela by following ways:

they may suffer from different types of diseases due to insufficient of nutritious food.

It may also lead to people's death

As the people will be weak because of scarcity there will be less development

People will have conflicts for survival and food

Explanation:

.........

When selecting a mentor, which of the following should be considered? (Select all that apply)

the mentor’s age
what skills the mentee needs to develop
the communication skills of the mentor and mentee
how much the mentor makes each year

Answers

What should be considered when choosing a mentor are;

what skills the mentee needs to develop

the communication skills of the mentor and mentee.

Who is a mentor?

A mentor can be regarded as the person who could be an expert that gives advice an direction about a subject plan.

Therefore, it's important to know skills the mentee needs to develop.

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Producing a bill of materials is a business process in which of the following functional areas? Group of answer choices Manufacturing and production Finance and accounting Sales and marketing Research and development Human resources

Answers

Producing a bill of materials is a business process in the functional area known as A. Manufacturing and production.

What is production?

It should be noted that production simply means the creation of a particular good that can be used by the consumers.

In this case, producing a bill of materials is a business process in the functional area known as manufacturing and production.

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Garcia Manufacturing uses activity-based costing. It budgets $6,644,000 of overhead cost to dispose of 15,100 tons of hazardous waste. The activity rate for hazardous waste disposal based on tons of hazardous waste is:

Answers

Based on the budget for the disposal of the waste and the quantity of the waste, the activity rate is $440 per ton.

What is the activity rate for the hazardous waste disposal?

This can be found as:

= Total cost budgeted / Tons of waste

Solving gives:

= 6,644,000 / 15,100

= $440 per ton

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Why do you think landlords care about an applicants credit score when deciding whose application to accept for a rental apartment?

Answers

Answer:

So they can have an idea on who is more trustworthy on making their payments on time. Better credit, more trustworthy.

Explanation:

trust

When a manager makes scheduling decisions, he or she is making __________,
A. non-programmed, strategic decisions
B. non-programmed, operational decisions
C. programmed, operational decisions
D. programmed, strategic decisions

Answers

Answer:

D. Programmed, strategic decisions

Explanation:

This is because they usually print the schedule with a strategic technique that allows everyone to work equal hours every week.

A data analyst at a nonprofit organization is working with a dataset about a summer fundraiser. Although they have a lot of useful data by the end of the month, they recognize that the data is insufficient. So, they decide to wait until the end of the season to begin working with the dataset. Which type of insufficient data does this example describe?

Answers

The type of insufficient data does this example describe is: Data that keeps updating.

Who is a data analyst?

A data analyst can be defined as a person that  help to collect data or information so to discover information  that may be use during decision making process.

In as situation where their is insufficient or enough data despite having useful data  this means that keeps updating.

Therefore this is an example of Data that keeps updating.

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Margene is the product manager at Fashions Ltd., a company that designs and manufactures clothes and fashion accessories. Noticing the rising popularity of rhinestone jewelry and the fact that only a handful of stores actually stocked it, she decides to take advantage of the latent demand in the market. Margene knows that she is taking a risk by committing organizational resources to pursuing this idea, but she is confident about the merit of her decision. In deciding the allocation of resources for attaining her goals, which managerial task is Margene performing?

Answers

As the Margene is the product manager at fashions ltd., a company that designs and manufactures clothes and fashion accessories. The managerial task performed by Margene is planning.

What are resources?

Resources refer to the materials available in the environment that are technologically accessible and help in the satisfaction of needs and wants.

Margene is the product manager at Fashions Ltd., a company that designs and manufactures clothes and fashion accessories. In deciding the allocation of resources for attaining her goals, the managerial task performed by Margene is planning.

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Other Questions
Parallelogram MNPQ was dilated to create parallelogram M'N'P'Q'. On a coordinate plane, 2 parallelograms are shown. Parallelogram M N P Q has points (2, negative 2), (4, negative 2), (3, negative 3), and (1, negative 3). Parallelogram M prime N prime P prime Q prime has points (5, negative 5), (10, negative 5), (8, negative 7), and (3, negative 7).Which statements are true about the parallelograms? Select three options.The length of side MN is 2 units.The length of side M'N' is 5 units.The image is smaller than the pre-image.Sides MQ and M'Q' both have the same slope, 1.The scale factor is Two-fifths. These equations represent the number of bacteria in four different dishes as a function of time, t, in days. Which equation represents the population with the greatest growth factor (also called common factor)?SOMEONE ANSWER THIS ANS YOULL EARN FREE EASY POINTS FOR GIVING ME THE RIGHT ANSWER!! Which additional line best matches the tone of the stanza?and he thunders through the stormy skyand he drifts among the cottony cloudsand he charges past the sorrowing skyand he flies right through circular clouds write a story about your self Product of square of x and cube of y An adolescent with type 1 diabetes is experiencing a growth spurt. Which treatment approach would be most effective what is the awnser to this The Hernandez family orders 3 large pizzas. They cut the pizzas so that each pizza has the same number of slices, giving them a total of 24 slices.The Wilson family also orders several large pizzas from the same pizza restaurant. They also cut the pizzas so that all their pizzas have the same number of slices. For the Wilson family, the equation y = 10x represents the relationship, where x represents the number of pizzas and y represents the number of total slices.Which statements best describe the pizzas bought by the Hernandez and Wilson families? Select two options.For the Hernandez family, the equation y = 3x represents the relationship between the number of slices and number of pizzas, where x represents the number of pizzas and y represents the number of total slices.For each family, a graph of the relationship between number of pizzas, x, and number of slices, y, goes through the point (0, 0) and is a straight line.The Hernandez familys slices are smaller than the Wilson familys slices.If the Wilson family ordered 3 large pizzas from the same restaurant as the Hernandez family, they would have more slices than the Hernandez family after each family cut their pizzas into slices.The constant of proportionality is 10 for the Wilson family, but cannot be determined for the Hernandez family. The student in the passage did not use the blog because: it was not as objective as the other possible web sites. it was not as timely as the other possible web sites. some of the people contributing to the blog may have been biased. both the first and third choice according to Greek myth whitch of the following would be true about the underworld In the 1920s, many rural americans: a. associated the modern conveniences of cities with a lack of morals. b. wanted to move to the city to work in factories. c. gave up farming and started mining and drilling for oil instead. d. none of these choices are correct. The regular price of a pair of jeans is $49.50. During a sale, the jeans were marked as 15% off. What was the approximate price of the jeans during the sale?A.$3.30B. $7.43C. $42.08D. $56.93 Which method of imperial control is described by the following list? 1 imperialist power controls the region but is not involved in daily policy-making in the colony. 2 the colony is not officially added to the imperialist empire but must answer to it. 3 the imperialist nation provides military security to prevent others from conquering the colony. The day after a gun battle broke out during the Homestead Strike, Andrew Carnegie wrote this message in response to a cable from Henry Clay Frick:"Cable received. All anxiety gone since you stand firm. Never employ one of these rioters. Let grass grow over works. Must not fail now."How might the results of the conflict have been different if Henry Clay Frick had not followed Carnegie's instructions?A. The strikers might have achieved their goal of not taking a pay cut, and the union power would have been strengthened.B. The strikebreakers might have rejoined the strike, and the steel mill would have been forced to give in to the demands of the strikers.C. The strikers might have kept the strikebreakers from crossing the picket lines, and there would have been fewer strikes.D. The strikebreakers might have prevented the machines in the mill from working, and it would have shut down. 2. What is the volume of this prism?551.72217 cubic units28 cubic units1.7521.7 2. Which choice is an example of pollution?O bacteria in soilOsolid wastes on landOoxygen in the atmosphereOfish in rivers The place where buyers and sellers interact is called a _____.A. market segmentationB. market shareC. marketD. target market What motivated people to move from the countryside to the city after 1890?A Industrial jobsB better medical careC railroad expansion Jim is designing a seesaw for a children's park. The seesaw should make an angle of 30 with the ground, and the maximum height to which it should rise is 1 meter, as shown below:A seesaw is shown with one end on the ground and the other in the air. The seesaw makes an angle of 30 degrees with the ground. The height of the seesaw from the ground, at the other end, is labeled 1 meter.What is the maximum length of the seesaw? Find the margin of error if p = 71% and n = 100. round to four decimal places. 0.2204 0.0041 0.0848 0.0908 A person suffering from amnesia has losttheir consciousness.TrueFalse