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Black_prince [1.1K]
3 years ago
12

When the CPI increases from 200 in 2016 to 210 in 2017 and the nominal wage rate is constant at​ $10 an​ hour, the real wage rat

e​ _______. A. is​ $10 an hour B. decreases by 5 percent C. increases to​ $15 an hour D. increases by 10 percent
Business
1 answer:
Alex Ar [27]3 years ago
3 0

Answer:

Option (B) decreases by 5 percent

Explanation:

When the nominal wage rate is $10 and the CPI is 200

The real wage rate

= [Nominal wage rate ÷ CPI in 2017 ] × 100

= [ $10 ÷ 210 ] × 100

= $4.76

Now,

The change in the real wage rate between 2016 and 2017

= [ ( 4.76 - $5.00 ) ÷ $5.00 ] × 100

= - 0.048 ≈ -0.05 or - 5 percent

here, negative sign means decrease

Hence,

Option (B) decreases by 5 percent

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Answer:

Rate of return is 13.2%

Explanation:

Rate of Return is the actual return that an investor receives from an investment in asset during a specific period of time. If the investment is made in the stocks, It includes the dividend received and the price change of the stock.

Total return Received = Dividend + Price change = $1.87 + ($37.75 - 35 ) = $4.62

Rate of Return = Total return During the period / Initial Price of the stock

Rate of Return = $4.62 / $35 = 0.132 = 13.2%

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WeeBee Company has three assembly labor dassifications: 5-1, S-2, and S-3. The three dassifications are paid $16, $19, and $22 p
liq [111]

Answer:

b.use the S-2 employee

Explanation:

Calculation for the the most cost-effective solution

S-1 S-2 S-3

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(60/30= 2)

(60/24=2.5)

(60/21=2.857142857)

Wages per hour $ 16.00 $ 19.00 $ 22.00

Wages per/ unit $ 8.00 $7.60 7.70

($ 16.00/2=$8)

($ 19.00/2.5=$ 7.60)

($ 22.00/2.857142857=$ 7.70)

Ranking

S-1 $ 8.00 III

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they wanted to eliminate prices

Explanation:

hope this helped :)

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