The consumer price index, or cpi, has the following formula:
Let's compute the real base period price for the cpi today.
Base Period Price = $9.2
Then, we compare the apparent with the real:
Real Base Period: $11 - $9.2 = $1.8
Apparent Base Period: $11 - $10 = $1
Real > Apparent, thus your real wage rate has increased since 2005.
Answer:
$2,744
Explanation:
The computation of the interest amount is shown below:
= Face value of promissory note × rate of interest × number of days ÷ total number of days in a year
= $75,000 × 15% × 90 days ÷ 365 days
= $2,744
By multiplying the face value with the rate of interest and the number of days we can find out the interest expense and the same is shown above
Answer:
The correct word for the blank space is: Shareholders.
Explanation:
A Shareholder is a person company or other entity that owns at least one share of company stock. Another word for <em>shareholder </em>is <em>stockholder</em>. When a shareholder buys a company stock provide them with funds to run and grow a business. The government is in charge of providing regulations to promote a safe environment in the market to promote investments from stockholders.
Answer:
Alejandro´s opportunity cost is 2/3 of a chart.
Roger´s opportunity cost is 1/2 of a chart.
Explanation:
The cost of opportunity represent the benefits that you misses out on when choosing one alternative over another.
In this case , we can say that Alejandro and Roger can produce 2 product. And if they produce one , they loose the possibility of producing the other.
We can Illustrate this situation with a production possibility frontiers graph and if we increase the quantity produced of one good, will decrease the other, because the limited resources.
Alejandro produce 3 three pages of the paper in the same time it takes him to create two charts. We use cross multiplication to get how many charts Alejandro produce at the same time he produce a single page
1___x
3___2 so x= 1x2/3
So , in the time he produce a single page of the essay, he could produce 2/3 of a chart. This is the cost opportunity.
Roger can write two pages of the paper in the same time he can produce a single chart. So, in the time he produce a single page of the essay he could make half of a chart.