The main determinant of real wage is (1) extra earning (2) nature of work (3) promotion prospect (4) purchasing power of money

The main determinant of real wage is (1) extra earning (2) nature of work (3) promotion prospect (4) purchasing power of money
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purchasing power of money
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The main determinant of real wage is - (1) extra earning (2) nature of work (3) promotion prospect (4) purchasing power money

Description : The main determinant of real wage is - (1) extra earning (2) nature of work (3) promotion prospect (4) purchasing power money

Last Answer : (4) purchasing power money Explanation: The term real wages refers to wages that have been adjusted for inflation. This term is used in contrast to nominal wages or unadjusted wages. Real wages provide ... , as opposed to nominal wages, which simply show the monetary value of wages in that year.

The measure of a worker's real wage is (1) The change in his productivity over a given time (2) His earnings after deduction at source (3) His daily earnings (4) The purchasing power of his earnings

Description : The measure of a worker's real wage is (1) The change in his productivity over a given time (2) His earnings after deduction at source (3) His daily earnings (4) The purchasing power of his earnings

Last Answer : (4) The purchasing power of his earnings Explanation: A real wage rate is a nominal wage rate divided by the price of a good and is a transparent measure of how much of the good an hour ... real wage represents the purchasing power of wages-that is, the quantity of goods the wages will purchase.

The measure of a worker’s real wage is (1) The change in his productivity over a given time (2) His earnings after deduction at source (3) His daily earnings (4) The purchasing power of his earnings

Description : The measure of a worker’s real wage is (1) The change in his productivity over a given time (2) His earnings after deduction at source (3) His daily earnings (4) The purchasing power of his earningsec

Last Answer : The purchasing power of his earnings

Purchasing Power Parity theory is related with - (1) Interest rate (2) Bank rate (3) Wage rate (4) Exchange rate

Description : Purchasing Power Parity theory is related with - (1) Interest rate (2) Bank rate (3) Wage rate (4) Exchange rate

Last Answer : (4) Exchange rate Explanation: Purchasing power parity (PPP) is an economic theory and a technique used to determine the relative value of currencies, estimating the amount of adjustment needed on the ... that PPP rate, an amount of money thus has the same purchasing power in different countries.

Purchasing Power Parity theory is related with (1) Interest rate (2) Bank rate (3) Wage rate (4) Exchange rate

Description : Purchasing Power Parity theory is related with (1) Interest rate (2) Bank rate (3) Wage rate (4) Exchange rate

Last Answer :  Exchange rate

Kevin tells his wife, Karen, that his last sales call of the day at DuPont was a disaster. He explains that he never really figured out what the purchasing agent was looking for. Karen, a sales trainer for another firm, hands Kevin a book on: A)improving listening skills B)overcoming objections. C)prospect evaluation. D)product demonstrations. E)closing the sales encounter..

Description : Kevin tells his wife, Karen, that his last sales call of the day at DuPont was a disaster. He explains that he never really figured out what the purchasing agent was looking ... listening skills B)overcoming objections. C)prospect evaluation. D)product demonstrations. E)closing the sales encounter

Last Answer : E)closing the sales encounter

Do top hedge fund managers work 2,000 times harder than those earning minimum wage?

Description : Do top hedge fund managers work 2,000 times harder than those earning minimum wage?

Last Answer : We used to explain the difference in wealth and status with the merit of inborn superiority. Now it’s the merit of “hard work,” but it’s still the same process of accumulating wealth within elite families, and manipulating the government to keep the wealth there.

Sometimes resellers are offered a temporary price reduction for purchasing specified quantities of a product. Such offers are used to provide them with an incentive to handle a new product, to achieve a temporary price reduction, or to stimulate the purchase of an item in quantities that are considered larger than those usually purchased. What is this sales promotion? A)Push money B)Buy -back allowance C)Buying allowance D)Money -off offer

Description : Sometimes resellers are offered a temporary price reduction for purchasing specified quantities of a product. Such offers are used to provide them with an incentive to handle a new product, to achieve a ... sales promotion? A)Push money B)Buy -back allowance C)Buying allowance D)Money -off offer

Last Answer : C)Buying allowance

According to the classical system, saving is a function of - (1) Income (2) The interest rate (3) The real wage (4) The Price level

Description : According to the classical system, saving is a function of - (1) Income (2) The interest rate (3) The real wage (4) The Price level

Last Answer : (1) Income Explanation: Saving function is a mathematical relation between saving and income by the household sector. This function captures the saving-income relation, the flip side of the consumption-income relation that forms one of the key building blocks for Keynesian economics.

According to the classical system, saving is a function of (1) Income (2) The interest rate (3) The real wage (4) The Price level

Description : According to the classical system, saving is a function of (1) Income (2) The interest rate (3) The real wage (4) The Price level

Last Answer : Income

How many people are looking for extra income that's why I have a free course that will help searching for earning at home ... anyone interested?

Description : How many people are looking for extra income that's why I have a free course that will help searching for earning at home ... anyone interested?

Last Answer : yeah i'm interested for that and i wish to have a course for that especially how to make money in a fast way all the sites that i encounter was so tiring

Cost accounting mainly helps the management in: A. Earning extra profits B. Providing information to the management for decision-making. C. Fixing process of the products. D. Selling products

Description : Cost accounting mainly helps the management in: A. Earning extra profits B. Providing information to the management for decision-making. C. Fixing process of the products. D. Selling products

Last Answer : B. Providing information to the management for decision-making.

“Any asset capable of serving as a temporary abode of purchasing power is money.” This definition of money is given by (a) Milton Friedman (b) Gurley and Shaw (c) Francis Walker (d) Crowther

Description : “Any asset capable of serving as a temporary abode of purchasing power is money.” This definition of money is given by (a) Milton Friedman (b) Gurley and Shaw (c) Francis Walker (d) Crowther

Last Answer : (a) Milton Friedman

flation (a) Always reduces cost of living (b) Always reduces standard of living © Reduces price of products (d) Reduces purchasing power of money

Description : flation (a) Always reduces cost of living (b) Always reduces standard of living © Reduces price of products (d) Reduces purchasing power of money

Last Answer : (d) Reduces purchasing power of money

The marketing mixes of organizations that market services include product, price, promotion, place and : 1. packaging 2. premiums 3. people 4. purchasing 5. none of these

Description : The marketing mixes of organizations that market services include product, price, promotion, place and : 1. packaging 2. premiums 3. people 4. purchasing 5. none of these

Last Answer : people

he marketing mixes of organisations that market services include product, price, promotion, place and: A)Packaging B)Premiums C)People D)Purchasing

Description : he marketing mixes of organisations that market services include product, price, promotion, place and: A)Packaging B)Premiums C)People D)Purchasing

Last Answer : C)People

When the minimum wage goes up, how does the money cycle change?

Description : When the minimum wage goes up, how does the money cycle change?

Last Answer : Inflation increases the cost of goods, the value of the money goes down. I remember hearing, back in the 70's, that a dollar was worth 26 cents. Your money buys less and less, and the prices continue to ... on one side. It took a whole grocery bag full of these marks to buy a single loaf of bread.

The opportunity cost of a factor of production is - (1) what it is earning in its present use. (2) what it can earn in the long period. (3) what has to be paid to retain it in its present use. (4) what it can earn in some other use.

Description : The opportunity cost of a factor of production is - (1) what it is earning in its present use. (2) what it can earn in the long period. (3) what has to be paid to retain it in its present use. (4) what it can earn in some other use.

Last Answer : (4) what it can earn in some other use. Explanation: The opportunity cost of a choice is the value of the best alternative forgone, in a situation in which a choice needs to be made between ... given limited resources. It is equivalent to what a factor could earn for the firm in alter-native uses.

Transfer earning or alternative cost is otherwise known as - (1) Variable cost (2) Implicit cost (3) Explicit cost. (4) Opportunity cost

Description : Transfer earning or alternative cost is otherwise known as - (1) Variable cost (2) Implicit cost (3) Explicit cost. (4) Opportunity cost

Last Answer : (4) Opportunity cost

The opportunity cost of a factor of production is (1) what it is earning in its present use. (2) what it can earn in the long period. (3) what has to be paid to retain it in its present use. (4) what it can earn in some other use.

Description : The opportunity cost of a factor of production is (1) what it is earning in its present use. (2) what it can earn in the long period. (3) what has to be paid to retain it in its present use. (4) what it can earn in some other use.

Last Answer : what it can earn in some other use.

Transfer earning or alternative cost is otherwise known as (1) Variable cost (2) Implicit cost (3) Explicit cost (4) Opportunity cost (economic cost)

Description : Transfer earning or alternative cost is otherwise known as (1) Variable cost (2) Implicit cost (3) Explicit cost (4) Opportunity cost (economic cost) 

Last Answer : Opportunity cost (economic cost)

Which of the following statements is correct? (1) Most workers will work for less than their reservation wage. (2) The reservation wage is the maximum amount any firm will pay for a worker. (3) Economic rent is the difference between the market wage and the reservation wage. (4) Economic rent is the amount one must pay to enter a desirable labour market.

Description : Which of the following statements is correct? (1) Most workers will work for less than their reservation wage. (2) The reservation wage is the maximum amount any firm will pay for a worker. (3) ... reservation wage. (4) Economic rent is the amount one must pay to enter a desirable labour market.

Last Answer : (3) Economic rent is the difference between the market wage and the reservation wage. Explanation: The difference between the actual market wage and the reservation wage is called economic rent. Therefore ... per-son becomes unemployed (The Goals of Macroeconomic Policy by Martin Prachowny. p. 58).

Which of the following statements is correct ? (1) Most workers will work for less than their reservation wage. (2) The reservation wage is the maximum amount any firm will pay for a worker. (3) Economic rent is the difference between the market wage and the reservation wage. (4) Economic rent is the amount one must pay to enter a desirable labour market.

Description : Which of the following statements is correct ? (1) Most workers will work for less than their reservation wage. (2) The reservation wage is the maximum amount any firm will pay for a worker. (3) ... reservation wage. (4) Economic rent is the amount one must pay to enter a desirable labour market. 

Last Answer :  Economic rent is the difference between the market wage and the reservation wage.

Does outsourcing create purchasing power? If not, then what is the long term effect?

Description : Does outsourcing create purchasing power? If not, then what is the long term effect?

Last Answer : It’s cheaper to hire poorer people for menial jobs.

Demand of commodity mainly depends upon - (1) Purchasing will (2) Purchasing power (3) Tax policy (4) Advertisement

Description : Demand of commodity mainly depends upon - (1) Purchasing will (2) Purchasing power (3) Tax policy (4) Advertisement

Last Answer : (2) Purchasing power Explanation: The demand of commodity mainly stems from the consumption capacity of the buyer. Demand is equal to desire plus ability to pay plus will to spend. Demand for a commodity depends upon number of factors called Determinants.

Demand in Economics means : (1) Aggregate demand (2) Market demand (3) Individual demand (4) Demand backed by purchasing power

Description : Demand in Economics means : (1) Aggregate demand (2) Market demand (3) Individual demand (4) Demand backed by purchasing power

Last Answer : (4) Demand backed by purchasing power Explanation: Demand ' in Economics refers to the quantity of a good or service consumers ate able and willing to buy at a given price in a given market during a specified time period , other things beings equal.

Under flexible exchange rate system, the exchange rate is determined by - (1) the Central Bank of the country (2) the forces of demand and supply in the foreign exchange market (3) the price of gold (4) the purchasing power of currencies

Description : Under flexible exchange rate system, the exchange rate is determined by - (1) the Central Bank of the country (2) the forces of demand and supply in the foreign exchange market (3) the price of gold (4) the purchasing power of currencies

Last Answer : (2) the forces of demand and supply in the foreign exchange market Explanation: A floating exchange rate is a type of exchange rate regime wherein a currency's value is allowed to ... by the foreign-exchange market through supply and demand for that particular currency relative to other currencies.

Under flexible exchange rate system, the exchange rate is determined by (1) the Central Bank of the country (2) the forces of demand and supply in the foreign exchange market (3) the price of gold (4) the purchasing power of currencies

Description : Under flexible exchange rate system, the exchange rate is determined by (1) the Central Bank of the country (2) the forces of demand and supply in the foreign exchange market (3) the price of gold (4) the purchasing power of currencies 

Last Answer :  the forces of demand and supply in the foreign exchange market

Demand in Economics means : (1) Aggregate demand (2) Market demand (3) Individual demand (4) Demand backed by purchasing power

Description : Demand in Economics means : (1) Aggregate demand (2) Market demand (3) Individual demand (4) Demand backed by purchasing power

Last Answer : Demand backed by purchasing power

Demand of commodity mainly depends upon– (1) Purchasing will (2) Purchasing power (3) Tax policy (4) Advertisement

Description : Demand of commodity mainly depends upon– (1) Purchasing will (2) Purchasing power (3) Tax policy (4) Advertisement

Last Answer : Purchasing power

What are your thoughts on the prospect that a Mars mission could happen as early as 2018?

Description : What are your thoughts on the prospect that a Mars mission could happen as early as 2018?

Last Answer : answer:Given that there have been numerous Mars missions already, it really isn’t that huge a project except it is being done by a private company. And nothing all that new will be discovered. It would be much more meaningful if they could get the SpaceX craft back from Mars.

Won't normalization of relations with Cuba risk the embarrassing prospect of planeloads of American "medical refugees" besieging the island for health care and pharmaceuticals?

Description : Won't normalization of relations with Cuba risk the embarrassing prospect of planeloads of American "medical refugees" besieging the island for health care and pharmaceuticals?

Last Answer : Probably right with ones extorting the average American, getting laws passed to protect their interest. BUT don't worry they will undoubtedly spread some sort of propaganda saying it's for the little guys best ... , and you want to know the sad part is a LOT of your citizens will believe them.

What are job prospect for MBA in distance MBA?

Description : What are job prospect for MBA in distance MBA?

Last Answer : It is important tp pick the right program. Consider reading this article.

When your holiday/vacation is coming to an end, do you relish the prospect of going home or do you yearn for an extension to your stay?

Description : When your holiday/vacation is coming to an end, do you relish the prospect of going home or do you yearn for an extension to your stay?

Last Answer : It depends on how good the vacation is itself. If I'm tired of it or had enough, or maybe just bored of it, then I'd be happy to go back to the grind. On the other hand, if I'm really ... dread going back to school or home. I don't vacation much, so to me, my holidays/vacations are my weekends.

If immortality was a viable prospect would you sign the contract?

Description : If immortality was a viable prospect would you sign the contract?

Last Answer : It would get to be an awful bore eventually.

On the prospect of nuclear-propelled interstellar travel at 10% the speed of light?

Description : On the prospect of nuclear-propelled interstellar travel at 10% the speed of light?

Last Answer : I guess I’d…go to a great steak house for my last meal!

What is a "prospect" elm tree?

Description : What is a "prospect" elm tree?

Last Answer : Need Answer

Problem and prospect of tree crop production in Nigeria?

Description : Problem and prospect of tree crop production in Nigeria?

Last Answer : What are the problem of tree crop production in Nigeria

Is the current economy endangering the prospect of senior retirement?

Description : Is the current economy endangering the prospect of senior retirement?

Last Answer : The current economy is endangering the prospect of senior retirement because the money we are giving for our future is being given to present senior citizens. The current economy is having an ... retire. Many people are having to work later into their years because their investments have suffered.

Is a web development services business a good prospect for young people>?

Description : Is a web development services business a good prospect for young people>?

Last Answer : Developing a website that can promote your products and services and gives you the platform to shine is what web development is about, it’s an essential marketing tool for discovering ... lesser price than offline marketing, It’ll increase your brand awareness through your targeted traffic.

A lead means 1. a prospect who is more likely to avail of the Bank's product 2. a political leader 3. a religious leader 4. a bank chairman 5. none of these

Description : A lead means 1. a prospect who is more likely to avail of the Bank's product 2. a political leader 3. a religious leader 4. a bank chairman 5. none of these

Last Answer : a prospect who is more likely to avail of the Bank's produc

A prospect means 1. any customer who walks into the bank 2. an employee of the bank 3. a customer who is likely to be interested in bank's product or service 4. a depositor of the bank 5. a borrower of the bank

Description : A prospect means 1. any customer who walks into the bank 2. an employee of the bank 3. a customer who is likely to be interested in bank's product or service 4. a depositor of the bank 5. a borrower of the bank

Last Answer : a customer who is likely to be interested in bank's product or service

A 'call' means _______________ 1. A Profession 2. B. Tele talk 3. Calling on a Prospect 4. A Call Center 5. All of these

Description : A 'call' means _______________ 1. A Profession 2. B. Tele talk 3. Calling on a Prospect 4. A Call Center 5. All of these

Last Answer : Calling on a Prospect

"Conversion" in sales language means ...... 1) converting a buyer into a seller 2) converting a seller into a buyer 3) converting a prospect into a client 4) All of these

Description : "Conversion" in sales language means ...... 1) converting a buyer into a seller 2) converting a seller into a buyer 3) converting a prospect into a client 4) All of these

Last Answer : 3) converting a prospect into a client

As they walk to the car, Elaine tells her sales representative that they may need to modify the price structure they just presented to the prospect. Elaine bases her statement on the way the prospect folded his arms when he was quoted quoted prices on the new system. The sales representative he didn't notice that. Elaine recommends a book on __________ communication. A)tactile B)proxemic C)kinesic D)verbal E)signal

Description : As they walk to the car, Elaine tells her sales representative that they may need to modify the price structure they just presented to the prospect. Elaine bases her statement on the way the ... Elaine recommends a book on __________ communication. A)tactile B)proxemic C)kinesic D)verbal E)signal

Last Answer : C)kinesic

Define prospect and ventilation in principle of planning.

Description : Define prospect and ventilation in principle of planning. 

Last Answer : Prospect - It is defined as the art of positioning of openings like doors and windows to have a desirable view like gardens, lake, sea, river, mountains, greenery, etc. and blocking un desirable ... OR Ventilation is the process of fresh air entering a building via a window, door or other opening

Is a minimum wage job "minimum wage" because the high competition for the job, or because it is easy?

Description : Is a minimum wage job "minimum wage" because the high competition for the job, or because it is easy?

Last Answer : Neither. It is usually because of the low skills level necessary to be hired to do the job. That doesn’t make it easy, it means the required training is minimal.

Are you in favor of a minimum wage increase?

Description : Are you in favor of a minimum wage increase?

Last Answer : The reality is that increasing the minimum wage has mixed results, but is not the widespread destruction in employment that people like Pugh fear. In many ways, increasing the minimum wage increases the ... as they get it; in economic terms, it increases the velocity of money through the economy.

Most of us know a minimum wage is not a living wage, so in your opinion what would a minimum living wage be for the area that you live in?

Description : Most of us know a minimum wage is not a living wage, so in your opinion what would a minimum living wage be for the area that you live in?

Last Answer : San Francisco just went to $10.74 hour, but the Mayor thinks it should be $15 which is really a bare minimum to live here.

Is the problem with the economy, the poor want a living wage, or the wealthy get paid too much?

Description : Is the problem with the economy, the poor want a living wage, or the wealthy get paid too much?

Last Answer : You might want to clean up this question. I’m not sure what it is asking.