Answer:
$17.9469
Explanation:
Calculation for what dollar wage must be paid in the third year
Since the first year is tend to be the base year in which the real wage and nominal wage are both $15 per hour in that year.
The real wage is suppose to increase by 2 percent in the second year which means that the real wage in year two will be $15.30 ($15 * 1.02) per hour.
In a situation where the real wage was supposed to also increase by 2 percent in the third year, this means that the real wage in year three will be $15.606 ($15.3 * 1.02) per hour.
Therefore In order for us to find the nominal wage in third year , we have to index the real wage in order for it to adjust for inflation. Thus the nominal wage in third year will be $17.9469($15.606 * 1.15).
Therefore what dollar wage must be paid in the third year will be $17.9469
Answer:
B. The physical count of securities and cash
Explanation:
An objective is the business's goal and in order to see that the quantity would need to be in a physical sense to see growth over time.
Answer:
Short term interest rates are more volatile (or change more often) because the FED uses them to control inflation and the money supply. Generally, when the FED engages in either expansionary or contractionary monetary policies, they will use short term interest rates. Even if they change more often, their nominal rates are generally very low, and a small change does the job. So they change more often, but in a very small proportion.
On the other hand, long term securities yield much more volatile returns because they last much longer and any small change in interests rates will result in a larger proportional change of returns in the long run. The longer the bonds, the larger the effect of any change in the market rates.
it is an organization which works for the benefit of the labour's
Based on the descriptions of the economy, the type of economy that country b has is a developed economy.
<h3>What is a developed economy?</h3>
A developed economy is an economy characterised by high GDP, high rate of GDP per capita, high level of technological advancement and favorable laws that encourages the development of businesses.
Examples of developed economies are United States, Switzerland.
To learn more about developed economies, please check: brainly.com/question/19496739
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