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2 years ago

According to the following data,

Business

1 answer:

rusak2 [61]2 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%

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Answer:

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Explanation:

they have two options:

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2 years ago

Unemployment is often called a lagging or trailing indicator because unemployment tends to rise some time after the economy begi

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Answer:

B) firms reduce hours before laying off when the economy is in recession, and increase hours before hiring when the economy expands.

Explanation:

In the case when the output falls so the workers would not be laid off in a direct manner. In the first time the labor would be decreased so that the demand could be analyzed. The same would be happen in that case also where the growth picked up

Therefore in the given case, the option B is correct

And the other options are wrong

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2 years ago

Poskey Corporation uses an activity-based costing system with three activity cost pools. The company has provided the following

MrRa [10]

Answer:

$\left[\begin{array}{cccccc}&Cost&Assembly&Setting Up&Other&Total\\wages&349,000&226,850&69,800&52,350&349,000\\Depreciation&290,000&101,500&58,000&130,500&290,000&Utilities&199,000&29,850&149,250&19,900&199,000&Total&838,000&358,200&277,050&202,750&838,000&\end{array}\right]$

Explanation:

We mulitply each line by the stated percent of each activity

<u>for example</u>

Setting Up % x Utilities= Utilities cost assigned to setting up

199,000x 75% = 149,250

Assembly % Depreciation= Depreciation cost assigned to assembly

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This process must be done to assign each portion of cost.

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2 years ago

g You earn $40,221 at your job and must pay 11% of your income in taxes. You then decide to save 8% of your disposable income. H

Yanka [14]

Answer:

The amount left for consumption spending is $32,932.95

Explanation:

The amount left for consumption spending is known as disposable income or take-home pay less savings .The disposable income is the income left after taxes have been paid to relevant tax authority.The computation of amount left for consumption is done below:

Gross income $40,221

Tax at 11%(11%*$40,221) ($4424.31 )

Disposable income $35,796.69

Savings at 8% of disposable income

($35,796.69*8%) ($2,863.74)

Amount left for consumption spending $32,932.95

This is not mean that I have to spend this $32,932.95 during the month, there might some investments I want to my money on to yield more returns.

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2 years ago

Read 2 more answers

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A security with a beta of 1 has a return last year of 8% when the market has a return of 12%.

Answer: Option A

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In a market of the capitals, the return that a person will get from the security will depend upon the risk that has been associated with that security. The CAPM says that the return of the security that a person will get depend upon the beta of the security. Here beta is the measure with which we can measure the risk of the security. It is an absolutely correct measure of the security risk.

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2 years ago