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
noname [10]
3 years ago
12

An assistant manager at a restaurant gets a $100 a month raise. He figures that with his new monthly salary he cannot buy as man

y goods and services as he could buy last year. a. His real salary has risen and his nominal salary has fallen. b. His real salary has fallen and his nominal salary has risen. c. His real and nominal salary have fallen. d. His real and nominal salary have risen.
Business
1 answer:
Inessa05 [86]3 years ago
4 0

Answer:

b. His real salary has fallen and his nominal salary has risen.

Explanation:

If the assistant manager's salary rose but he can't afford the goods he used to buy last year , it means that his nominal salary rose.

Nominal salary is the sum of real salary and inflation rate.

Real salary is nominal salary less inflation rate.

Real salary measures the purchasing power of salary.

If with the salary increase, the assistant manager could buy more goods compared to last year, both nominal and real salary increased.

I hope my answer helps you.

You might be interested in
What kinds of action could you take when you execute your decisions in the ipde process?
8_murik_8 [283]

When you apply the IPDE process, you may decide to change speed, change path, or communicate with others. The smith gadget is a method of organizing space zones around your vehicle. There are six zones of the area surrounding your vehicle inside the sector control system.

Carrying out your decision to avoid a conflict is the Execute step in the IPDE technique. this is the physical step of IPDE. The important moves you could execute are: manipulating pace, steering, and talking. Different actions include: using the heater, defroster, and wipers.

IPDE stands for pick out, are expecting, decide, and Execute. this is the step-by means of-step method in the back of the ideas of defensive riding and the complexities of visual perception in traffic.

The first step in the IPDE manner is to become aware of viable hazards. the second step within the IPDE procedure is to expect approximately what should take place. you'll use your information and judgment and enjoy. The third step within the IPDE process is to decide or choose.

Learn more about IPDE process here: brainly.com/question/2497669

#SPJ4

4 0
2 years ago
Calgary Industries is preparing a budgeted income statement for 2018. Predicted sales for the year are $730,000 and cost of good
NeTakaya

Answer:

$186,900

Explanation:

The gross profit is the difference between the sales revenue and the cost of good sold. The gross profit percentage is the ratio of gross profit to net sales expressed as a percentage.

As such, the net operating income/loss is the difference between the sales and the total costs .

To get the net income, we would first get the gross income.

Gross income

= $730,000 - (40% * $730,000)

= $438,000

Next we must compute the net income before tax. This is the difference between the gross income and the operating expenses

= $438,000 - $90,000 - $81,000

= $267,000

Income tax expense = 30% * $267,000

= $80,100

budgeted net income for 2018

= $267,000 - $80,100

= $186,900

8 0
3 years ago
Assume the spot Swiss franc is $0.7000 and the six-month forward rate is $0.6950. What is the minimum price that a six-month Ame
Rama09 [41]

Answer:

2 cents

Explanation:

The spot price = $0.7000 = 70 cents, The forward rate = $0.6950 = 69.5 cents and the call option with striking price = $0.6800 = 68.00 cents

The annualized six month rate = 3 1/2 % = 3.5 %, therefore the rate = r/n, where n is the number of period per year = 2. Therefore r/n = 3.5% / 2 = 0.035 / 2 = 0.0175

The minimum price = Maximum (spot price - striking price, (forward rate - striking price) / (1 + 0.0175), 0) = Maximum(70 - 68, (69.5 - 68)/ 0.0175, 0)

Minimum price = Maximum (2 , 1.47, 0) = 2 cents

4 0
3 years ago
Price Per Unit Quantity Supplied Quantity Demanded $10 100 295 11 150 275 12 190 250 13 220 220 14 245 180 15 265 135 If a techn
Contact [7]

Answer:

$12

Explanation:

Equilibrium price is price at the point where quantity supplied equals the quantity demanded.

Please check the attached image for a table showing how equilibrium was found

6 0
3 years ago
a written document prepared by an entrepreneur that describes all the relevant external and internal elements involved in starti
loris [4]

A written document prepared by an entrepreneur that describes all the relevant external and internal elements involved in starting a new venture is known as a(n) business plan.

in the field of business, an idea or strategy that you formulate in order to set up a business is referred to as a business plan.

Based on these ideas, a written document is made in which all the ideas and strategies for the business are expressed.

A business plan describes all the factors and elements that will be required in the new business.

A business plan makes it easier to execute the plans made for a business or a new venture.

To learn more about business plan, click here:

brainly.com/question/25311149

#SPJ4

5 0
1 year ago
Other questions:
  • Julius asks Rachel if she would like to sell her boat. Rachel privately has no interest in selling her boat, and believes that J
    13·1 answer
  • The marginal revenue product of capital is _______.
    10·1 answer
  • You now have enough information about holden evan's corporate structure and how it has worked or fallen short in the past. you d
    7·1 answer
  • Solutions Group managers suggest that clients consider doing a resonance test when designing advertising, because this will help
    9·1 answer
  • Central and state governments influence each other in
    6·1 answer
  • Which type of tort happens when you unfairly damage another company's reputation?
    6·1 answer
  • Linda Day George Company had bonds outstanding with a maturity value of $300,000. On April 30, 2020, when these bonds had an una
    5·1 answer
  • As a New York businessperson who does a lot of flying, you are keenly aware of even small changes in airfare from New York to Ch
    15·1 answer
  • Why do Marketers segment a market?
    7·1 answer
  • Law governing relations among governments and international organizations is referred to as _______,while law that applies to pr
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!