With respect to work and a working contract, if inflation is low and tame, then workers and...
Question:
With respect to work and a working contract, if inflation is low and tame, then workers and managers will want to enter into a:
a. long-term contract
b. short-term contract
c. none of the above
Long-Term Contract:
A contract done for a long period, say more than two years, will be considered a long-term contract. A long-term contract is done when there is trust and good relations between the contracting parties.
Answer and Explanation: 1
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View this answerThe correct option is a) long term contract
In low inflation, the team member and manager will want to enter into a long term contract. The reason...
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What Is Inflation Rate? - Definition & Formula
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Chapter 4 / Lesson 16
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Learn about the inflation rate. Discover the causes of inflation and how to calculate it. Understand how to use the inflation rate formula through examples.
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