Consistency: Your employees are guaranteed a certain amount every week or month excluding bonuses. ...
Additional perks: Salaried employees are entitled to a number of paid days off every year. ...
Higher wages: Salary workers generally have more responsibilities compared to their waged counterpart.
Answer:
$4.44
Explanation:
P0 = $2.40 / 1.08+ $2.40 / 1.08 = $4. 44
Answer:
Total cost= $43,344
Explanation:
Giving the following information:
Cardero Midwifery's cost formula for its wages and salaries is $2,280 per month plus $348 per birth. For August, the company planned for an activity of 118 births.
<u>To calculate the budgeted cost, we need to use the following formula:</u>
Total cost= total fixed cost + unitary variable cost*number of units
Total cost= 2,280 + 348*118
Total cost= $43,344
Answer:
Real GDP is not the direct indication of happiness, because happiness is dependent on a number of other factors, which when combined can result in a happy life.
Explanation:
Real GDP is defined as the measure of the value of the output of the economy, in the macroeconomics, which reflects the money value of all goods and services produced in a given year. Here the output of the economy is also adjusted for the changes in prices occurring in the year.
According the referred application 3 of the book, it is true that the people of United States have become less happy despite the real GDP rise over the last 30 years. This is because the growth of real GDP is not able to cope up simultaneously with the increased workplace stress, jeopardized married life, traffic congestion, health problems and deterioration of environment.
In conclusion, it can be stated that Money does play an important role in increasing the happiness. However the factor alone is not able to cope up with all the problems and this is true only when all the other factors such as a conducive working environment, happy married life, healthy life are also accompanying more money.
