1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ikadub [295]
3 years ago
13

According to the following data,

Business
1 answer:
rusak2 [61]3 years ago
3 0

Answer:

A.Nominal wages will increase by 64%

B.Consumer prices will increase by 49.41%

C.Real wages will  increase by 14.85%

Explanation:

The computations are shown below:

a. Computation for  what percentage did nominal wages increase between 2000 and 2019

Using this formula

Nominal wages = (Average hourly wage 2019-Average hourly wage 2000)÷Average hourly wage 2000

Let plug in the formula

Nominal wages($23 - $14) / ($14)

Nominal wages= ($9)  / ($14)

Nominal wages= 64%

Therefore Nominal wages will increase by  64%

b. Computation for  what percentage did consumer prices increase between 2000 and 2019

Using this formula

Consumer prices=(CPI 2019-CPI 2000)÷CPI 2000

Let plug in the formula

Consumer prices= (254 - 170) / (170

Consumer prices= (84)  / (170)

Consumer prices= 49.41%

Therefore Consumer prices will increase by 49.41%

c. Computation for real wages increase between 2000 and 2019

Real wages increase= ($14 × 254) / (170)

Real wages increase= $20.92

Real wages increase= $23 - $20.92

Real wages increase= $2.08

Real wages increase= ($2.08 / $14) × 100

Real wages increase= 14.85%

Therefore the Real wages will  increase by 14.85%

You might be interested in
Interview a business owner on this crisis experienced in the workplace
patriot [66]

There are several crises experienced by employees during recent pandemic. So, in an interview with a business owner regarding the crisis experienced, one can ask about how can businesses deliver better outcomes in times of a crisis.

<h3>What is an interview?</h3>

An interview is a meeting or a formal consultation at which information is obtained (as by a reporter, television commentator, or pollster) from a person.

It is a conversation in which you and an employer exchange information. The main features of the interview are conducted in the form of conversation, which is shaped by certain guidelines and questions between the researcher and the respondent. It is used in surveys and participant observation methods.

Learn more about interview here,

brainly.com/question/15128068

#SPJ1

7 0
2 years ago
Which Of The Following Page Titles Would Be Most Suitable For A Website Page Describing A Store’s Return Policy?
Stolb23 [73]

Answer:

b. Company Name's Return Policy

Explanation:

In E commerce, A good refund or return policy can help protect your company and win your customers’ trust, but making sure your language is clear and concise is extremely important.

According to study, over 60% of customers review a Return/Refund Policy before they make a purchasing decision. It is the single most important agreement that e-commerce store needs to have as it can affect its customer retention rate.

8 0
3 years ago
The use of block grants, allowing states considerable leeway in how federal money is spent, was championed by President ________
AfilCa [17]

Answer:

President Richard NIxon

Explanation:

The President Nixon administration came up with the idea to decentralize power as well as some programs to the state governments of the USA to reduce the pressure on the Federal government in the wake of the continued unrest from the Vietnam war alongside unemployment, etc.

In decentralizing power and programs, the giving of block grants and aids to states ensured the reduction in the dependence of the economy on the federal government and as such states began to take care of problems within it.

Cheers.

8 0
3 years ago
Marian wants to know exactly what her mortgage payments will be each month. Which type of mortgage would be her best choice?
AVprozaik [17]
Her better choice is going to be the second ond
8 0
3 years ago
Read 2 more answers
Martha is upset at catherine over the dinner bill the night before. martha believes catherine should have split the bill but she
erica [24]
<span>In terms of larcenies, this would be petty theft. Petty theft is defined as the crime of stealing things of low value. Stealing $ 20 is petty theft because $ 20 is considered to be a small amount of money.</span>
3 0
3 years ago
Other questions:
  • Changes in any sector of the general environment ____.
    5·1 answer
  • In which situation would a savings bond be the best investment to eam interest
    8·1 answer
  • a. Consumption schedule The variable on the vertical (y) axis is (Click to select) and the variable on the horizontal (x) axis i
    11·1 answer
  • In 2010, the number of clown costumes sold at a single costume shop was 17. By 2015, that number had grown to 39. Assuming a con
    13·1 answer
  • All the members of the sales team at Arkema are new hires. The team members need to work together to ensure that clients' requir
    7·1 answer
  • Sam is a retiree with considerable resources, so he doesn't really spend much time on purchase decisions. His belief is that the
    14·1 answer
  • Deadweight loss occurs when
    15·1 answer
  • A certain manufacturing process might 5 hours in the best-case scenario, 7 hours in the most likely situation, or 10 hours under
    12·1 answer
  • Our emotional reactions to marketing cues are so powerful that some high-tech companies study mood in small doses (in 1/30 of a
    9·1 answer
  • The bank statement reveals an eft payment made to one of the company's suppliers that has not yet been recorded in the journal.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!