Answer:
C. Knowledge workers are continually learning how to do their jobs better.
Explanation:
The newly emerging dominant group is “knowledge workers. The majority of them will be paid at least as well as, or better than, manufacturing workers ever were. And the new jobs offer much greater opportunities
Answer:
Real wage rate can be calculated by:
= Nominal wage rate /CPI * 100
2018 real wage rate:
= 7 / 252 * 100
= $2.78
2019 real wage rate:
= 10 / 257 * 100
= $3.89
Did these workers really get a pay raise between 2018 and 2019?
YES THEY DID:
= 2019 real wage - 2018 wage rate
= 3.89 - 2.78
= $1.11
Answer:
The correct answer is 8.679%.
Explanation:
According to the scenario, the given data are as follows:
Face value (F) = $1,000
Bond value (B)= $955
Time (t) = 18 years
Yield (r) = 9.2%
First we calculate the coupon payment:
Let coupon payment = C
then,
B = C × 
By putting the value, we get
$955 = C× 
$955 = C × 8.64 + 205.11
C = 86.79
So, Coupon Rate = Coupon Payment ÷ Face value
= 86.79 ÷ 1000
= 0.08679
= 8.679%
Answer:
The percentage change in the average number of units in the process is 125%.
Explanation:
Based on Little's law;
Average inventory = average flow rate * average flow time
Let inventory = I, average flow rate = R and average flow time = T
Thus, I = R*T = RT
Now, Average flow rate and average flow time are increased by 50%
R' = R + 0.5R = 1.5R
T = T + 0.5T = 1.5T
So, inventory, I' = 1.5R*1.5T=2.25RT
Hence, the percentage change in the average number of inventory units in the process.
% change = I' - I = 2.25RT - RT= 1.25RT or 125%
Thus correct answer = 125%
