Answer:
1 is the base index of CPI, so a value of 0.418 means that the prices were 0.418 times the base index and 2.4 means that prices were 2.4 times the index
The 1972 graduate's job paid $7200 in nominal terms and (7200/0.418) in real terms
Real terms 1972= 17224
Real terms 2016= 25000
17224/25000= 68%
The 1972 graduate's job paid 68 percent of the 2016 graduates job in real terms.
Explanation:
Answer: Using television advertising
Explanation:
Push marketing strategy, refers to the strategy whereby take its products to the consumers in order to increase the exposure of the product.
Push marketing simply means pushing the brand through the use of promotions and paid advertisiment. On the other hand, pull strategy draws customers towards the product.
Answer:
False. This is because 1 is an odd number and that it is too low in value.
Answer:
C. Production Possibility frontier
Explanation:
The production possibility frontier (PPF) is a graph that shows what levels of output of two goods can be produced using available resources and technology.
Just individuals can not have everything they want and must make choices between different goods, society as a whole also can't have everything it might want either. This PPF depicts constraints faced between the resources
Mary would be counted as an example of: structural unemployment.
<h3>What is structural unemployment?</h3>
Structural unemployment can be defined as the situation where a person remain unemployed due to restructuring of the person formal place of work or due to changes in the economy.
This person may tend to find it difficult getting another job despite jobs are available because the skills the person has does not match the skills an employer of labor is looking for.
Inconclusion Mary would be counted as an example of: structural unemployment.
Learn more about structural unemployment here:brainly.com/question/7493146
