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3 years ago

A report found that the real entry-level wage for college graduates declined by 6 percent between 2003 and 2010.

Business

1 answer:

S_A_V [24]3 years ago

7 0

Answer: The answer is as follows:

Explanation:

Given that,

Real entry-level wage declined by 6% between 2003 and 2010

2010 Nominal Entry-Level Wage = $13.50

2010 CPI = $170.2

2003 CPI = 142.5

(a) Real entry wage in 2010 = $\frac{2010\ Nominal\ entry\ level\ wage}{2010\ CPI}$

= $\frac{13.50}{170.2}$

= $7.93

The 2010 Real entry-wage level is $7.93

2010 real wage declined by 6% from 2003

( b) The 2003 real entry-wage level is $8.43

Therefore, real entry-level wage in 2003 = $\frac{7.93}{94%}$

= $8.43

= $8.43 \times \frac{142.5}{100}$

= $12.01

The 2003 nominal entry-wage is $ 12.01

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We made a distinction between pro-business policies and pro-market policies. Which of the following is a way to put that distinc

Step2247 [10]

Answer:

The correct answer is: Pro-market policies mean businesses can earn profit and loss; pro-business policies means businesses only make profit.

Explanation:

Pro-market policies are those that establish norms that help the free market to operate in balance, without any kind of benefit in favor of a specific company, in this way it benefits both companies and consumers, therefore it sets up in a normal market situation where companies cannot make profits and losses.

In a pro-business policies, the government offers advantages to specific companies to increase profitability, such as tax incentives, privileges, etc.

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4 years ago

The table below reports the total population in a country and the number of people in different groups as below:Total population

weqwewe [10]

The unemployment rate in this population is 12%

First of all we have to find the total labour force in this country

Children less than 18 + people in the military + people in jail + retirees + marginally attached workers + full time students

= 50million + 15million + 30 million + 10 million + 30 million + 20

= 155 million

Labor force = 280million - 155 million

= 125 million

In this population those working full time and part time are the number of those that are employed.

= 30 million + 80 million

= 110 million

The unemployed = 125 million - 110 million

= 15million

The unemployment rate =

$\frac{Unemployed}{LaborForce} \\=\frac{15}{125}$

= 0.12

The unemployment rate = 12%

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3 years ago

Michael (single) purchased his home on July 1, 2009. He lived in the home as his principal residence until July 1, 2017 when he

Nadya [2.5K]

Answer:

correct option is C. $250,000

Explanation:

given data

sold the home and gain = $300,000

to find out

amount of the gain allowed to exclude from gross income

solution

we know that Michael owned the property for the 10 years

so here Michael is not allowed to exclude the gain = 10 % that is $30,000

and The maximum gain exclusion permitted = $250000

so here Michael will recognize $50,000 because amount exceed $250,000 for a single taxpayer and exclusion of gain on sales of property tax payer need to own and occupy the property as principle residence for the 2 out of 5 year immediately preceding the sales

so here correct option is C. $250,000

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3 years ago

When can interest be included in the acquisition cost of a plant asset?

hammer [34]

Answer:

a. during the the construction period of a self-constructed asset

Explanation:

"Determining the cost of constructing a new building is often more difficult. Usually this cost includes architect’s fees; building permits; payments to contractors; and the cost of digging the foundation. Also included are labor and materials to build the building; salaries of officers supervising the construction; and insurance, taxes, and interest during the construction period."

Reference: Porter, Debbie, and Tidewater Community College. “Principles of Accounting I.” Lumen, 2019,

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4 years ago

If Central Bank A cares only about keeping the price level stable and Central Bank B cares only about keeping output at its natu

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A) Both Central Bank A and Central Bank B should increase the quantity of money.

<h3>What is the Central Bank?</h3>

A financial institution with exclusive authority over the creation and distribution of money and credit for a country or a group of countries is known as the central bank. In contemporary economies, the central bank is typically in charge of monetary policy formulation and member bank regulation. Inherently non-market-based or even anti-competitive institutions are central banks. Many central banks, despite the fact that some have been nationalized, are not part of the government and are therefore frequently hailed as being politically independent. However, even though a central bank isn't technically the government's property, its rights are still created and safeguarded by the law.

Learn more about central banks with the help of the given link:

brainly.com/question/24171524?referrer=searchResults

#SPJ4

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2 years ago