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stellarik [79]
3 years ago
12

The Department of Commerce in Washington D.C. is developing the macroeconomic report for the nations previous economic quarter.

You are tasked with calculating that economic report You start your calculations by assessing the:
O quantitative measurements of the nation's economic activity from last quarter
O total proft and loss statistics from the city of Washington DC for the last quarter
O housing trends for the Western United States from the last quarter
Business
1 answer:
sergij07 [2.7K]3 years ago
6 0

Answer:

quantitative measurements of the nation's economic activity from last quarter

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"Real Wages" are wages that are adjusted for inflation and rising prices. As prices rise, people are able to buy less and less with their "nominal" (aka un-adjusted)  wages.

One example is gas for your car. If you make $1000 a month and gas goes up from $2.50 to $3, your un-adjusted wages stay the same (you still make $1000) but you can't buy as much of other things because your "real" wages have effectively gone down due to the price increase of gas.

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3 years ago
You earn $50,000 per year, and paid 10 percent in taxes this year. The government increased the tax rate to 20 percent for next
AleksAgata [21]

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D. $10,000

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8 0
3 years ago
A law firm seeks to recruit top quality experienced lawyers. the total package offered is the sum of three separate components:
Elena-2011 [213]

Answer:

  1. S = 1.2N + 3,000E + 1,000 * (A - 21)
  2. $204,000

Explanation:

1. An extra $1,000 for every year that they are over the age of 21. If the person is A years of Age then the expression is 1,000 * (A - 21).

An additional $3,000 for each year worked as a qualified lawyer. If the person has E years experience. Expression = 3,000E.

The basic salary is 1.2 time the candidate current salary. If the person currently earns $N the expression is; 1.2N

Putting that all together;

S = 1.2N + 3,000E + 1,000 * (A - 21)

2. Variables are; N = 150,000; E = 5 ; A = 30

S = 1.2N + 3,000E + 1,000 * (A - 21)

= 1.2 * 150,000 + 3,000 * 5 + 1,000 * (30 - 21)

= $204,000

7 0
3 years ago
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