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
choli [55]
3 years ago
9

In 1970 Professor Fellswoop earned $12,000; in 1980 he earned $24,000; and in 1990 he earned $36,000. If the CPI was 40 in 1970,

60 in 1980, and 100 in 1990, then in real terms, Professor Fellswoop's salary was highest in____________.
Business
1 answer:
Arte-miy333 [17]3 years ago
4 0

Answer:

In 1980

Explanation:

Year        Salary        Percentage Salary Increase        CPI Increase

1970       $12,000     -                                                      -

1980       $24,000    100                                                 50

1990       $36,000    50                                                   83.3

As can be seen in the table, the Professor's salary increase from 1970 to 1980 was twice as much as the CPI increase during the same period.

On the contrary, his salary increase from 1980 to 1990 was significantly less than the CPI increase during the same period.

Therefore, the professor's salary was highest in 1980.

You might be interested in
The four types of entrepreneur described by Arthur Cole were the Innovator, the Organization Builder, the Over-Optimistic Promot
slavikrds [6]
The calculating investor
5 0
3 years ago
Read 2 more answers
PAC money is directed primarily toward: a. liberal candidates regardless of whether they are incumbents or challengers b. congre
pogonyaev

Answer:

E) Congressional incumbents

Explanation:

PAC money is directed primarily toward congressional incumbents, and this can easily be verified on the web. For example, both Nancy Pelosi, a democrat, and Brian Fritzpatrick, a republican, are among the top incumbents by number of money received from PACs, thus, party affiliation is not as important as it is incumbent status.

This is probably because incumbents are more likely to win elections, whether in the senate, the house, or even, the presidency.

7 0
3 years ago
The crawford company has 3,000 units in beginning finished goods. the sales budget shows expected sales to be 12,000 units. if t
Olenka [21]
Formula: Finished Goods Inventory Beginning - Sales in units + Produced units= Ending Inventory

3000-12000+14000= 5000 Ending finished goods inventory in units
-ahnnahly
3 0
3 years ago
Which is the final stage of the purchase decision process?.
Alisiya [41]

Answer: The final stage is Post-Purchase Behavior

Explanation:

8 0
3 years ago
The field of artificial intelligence, which would not be possible without database technology, includes all but which one of the
PolarNik [594]
I don’t know okay sorry
6 0
3 years ago
Other questions:
  • Prior to any trip it is important to do all of these except:
    5·1 answer
  • Quinton wants you to calculate his biweekly paycheck. How much would he earn each pay period if he has an annual salary of $55,5
    6·1 answer
  • Peter is playing hide and seek with his six year old nephew teddy peter decides to look around the house room by room and then s
    11·1 answer
  • What percentage of the u.s. adult population has a college or post-college education (as of 2012)?
    12·1 answer
  • ________ feasibility refers to projecting whether the system will operate and be used once it is installed.
    8·1 answer
  • According to the Job Characteristics Model, _____ refers to the job characteristic that reflects the degree to which a job allow
    9·1 answer
  • The Nixon Corporation’s common stock has a beta of 1.3. If the risk-free rate is 4.4 percent and the expected return on the mark
    8·1 answer
  • The rates of return on Cherry Jalopies, Inc., stock over the last five years were 22 percent, 11 percent, −4 percent, 6 percent,
    12·1 answer
  • The elements of the business environment include the:.
    8·1 answer
  • Louise works for a tax firm that caters to individuals and small businesses. Each year when tax season rolls around, the firm is
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!