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lawyer [7]
3 years ago
12

If the average wage paid to the worker was $20 in the year 1990 and $30 in the year 2000, then the average worker in the year 20

00 must have been better off in terms of purchasing power. Group of answer choices True False
Business
1 answer:
True [87]3 years ago
7 0

Answer:

False

Explanation:

Purchasing power is related to real income and not to nominal income. Even though workers had a $10 increase in their average nominal income, due to the effects of inflation, that increase does not necessarily reflect an improve in purchasing power.

The statement is false.

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Georg, a german citizen, just purchased 10 shares of stock in microsoft, a u.s. company. this purchase is an example of
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Foreign portfolio investment, which is simple people in one country investing in the assets of another country.

5 0
3 years ago
In a process costing system, the number of units started and completed for a period is equal to: Multiple Choice Units transferr
riadik2000 [5.3K]

Answer:

Units transferred out less units in beginning work in process.

Explanation:

A process costing system is generally used when similar or identical products are mass produced.

To determine the total number of units transferred out = beginning work in process + units started and transferred out - ending work in process

To determine the amount of units started and completed = total units transferred out - beginning work in process

6 0
3 years ago
Which of these factors is an advantage to using cash?
larisa86 [58]

Answer:

B no fees or charges

Explanation:

Your welcome

6 0
2 years ago
Read 2 more answers
An event that must occur in order for a party's duty to arise is called a(n) ________________.
Radda [10]
This is what they call <span>condition precedent. The party's task to </span><span>perform arise after a specific event happens. However, when the event never happens, </span><span>the duty of the party to </span>perform will<span> never arise. The parties are discharged from the contract.</span><span> </span>
8 0
2 years ago
Sohan started a business with a capital of rs. 80000. After 6 months mohan joined as a partner by investing rs. 65000. After one
Lady bird [3.3K]

Sohan invested Rs 80000 in the beginning of his firm. After six months, Mohan invested Rs. 65,000 to become a partner. Sohan put his money into investments for 12 months, while Mohan made investments for 6 months. They made a total profit of Rs. 20,000 after a year. The portion of Sohan in the profit that he made is 14222.

One way to assess a company's success is through its profit. Its simplest definition is the sum that remains after deducting all expenses from all revenues. The remaining funds, or your profits, can either be retained by the company and reinvested to fund future expansion, or they can be given as a draw or dividends to shareholders.

To learn more about share of profit here

https://brainly.in/question/47628097

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4 0
1 year ago
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