For real wages to increase, which of the following must be true?

A. An employee's wage increase must be greater than the increase in the consumer price index (CPI).
B. An employee must receive a lump-sum wage increase equal to the increase in the consumer price index (CPI).
C. An employee's wage must simply increase without the influence of consumer price index (CPI).
D. The consumer price index (CPI) must increase at least as much as the employee's wage.


Answer: A

Business

You might also like to view...

The difference between the par value and the price of a stock when the stock is issued at a price above par is known as a(n) ____________________

Fill in the blank(s) with correct word

Business

A home appliance manufacturer observes the following and determines that his competitors are pricing their imported goods below-cost sale. Which point would have helped him come to this conclusion?

a. The amount of general expenses was 12 percent of the cost of manufacturing. b. The cost of packaging the merchandise for shipment was included. c. The cost of product in the U.S. is below that in the home market. d. The amount of profit was equal to 9 percent of the manufacturing cost plus general expenses.

Business

______ can help enhance your speech and may include physical objects, drawings, charts, graphs, photographs, or sound recordings

Fill in the blank(s) with the appropriate word(s).

Business

Which of the following factors should managers use to engage their employees?

A) Maintain a positive perspective B) Provide recognition and encouragement C) A strengths-based approach D) All of the above

Business