Answer:
D. Less; Less
Explanation:
Given that
CPI in 2005 = 1.68
Wage in 1972 = 7200
Wage in 2005 = 30,000
CPI in 1971 = 0.418
Therefore,
Real wage in 1972 = wage in 1972/CPI in 1972
= 7200/0.418
= $17,224.88
Real wage in 2005 = wage in 2005/CPI in 2005
= 30000/1.68
=$17,857.14
Thus, from the given data 1972 job paid LESS in nominal terms (7200 < 30000) and LESS in real terms (17,244.88 < 17,857.14) than the 2005 job.
Answer:
The correct word for the blank spaces are: code of ethics.
Explanation:
The company's Code of Ethics represents the moral values a firm expects its employees to perform in their day-to-day activities. Usually written in a book, the Code of Ethics represents the core of the corporate culture of an organization which is the institution's spirit and differentiates it from competitors.
The Code of Ethics establishes guidelines for the behavior of workers within the workplace avoiding major issues that could harm the operations of the entity such as fraud.
Risk evaluation involves rating the risks that may happen based on the likelihood of them happening. Risk evaluation also involves rating these potential happenings based on the impact they could have on the business. Evaluating risk is a step in the creative process of risk management.
<h3>Some features of such itinerant retailers are:</h3>
- The scale of operations is small. ...
- The capital is also limited in the case of itinerant retailers.
- They usually deal in day to day products and perishable items of daily use like fruits, vegetables, milk, toiletries etc.
Answer:
a. We observe the price of Jiffy peanut butter decreases and the quantity demanded of Smucker's strawberry jam increases: COMPLEMENTS, since a decrease in the price of Jiffy peanut butter increased the quantity demanded of Smucker's strawberry jam.
b. A razor and a blade: COMPLEMENTS, since they work together, a razor is useless without a blade and vice versa. An increase in the price of either of them should decrease the quantity demanded of both products, and vice versa.
c. A Panasonic CD player and a JVC CD player: SUBSTITUTES, since an increase in the price of Panasonic CD players will increase the quantity demanded of JVC CD players.
d. You observe that your significant other adds 1oz of cream to each cup of coffee: COMPLEMENTS, both you and your significant other complement each other, and cream and coffee are married for life. An increase in the price of cream reduces the quantity demanded of coffee and vice versa.
