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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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What information is important when choosing a healthcare plan?
Nataliya [291]
5 Things to Consider When ChoosingYour Health Coverage

Type of plan and provider network. Do the health care providers, hospitals and pharmacies you prefer fall within the plan's network?

Premiums. How much will you pay per month for coverage?

Deductibles. What is the amount you must pay out of pocket before your coverage kicks in?

Copay or coinsurance

Coverage of Medicines




I hope it helped you!
8 0
3 years ago
Staples sells office supplies and machines, furniture, and technology and business services both in stores and online. It sells
Snezhnost [94]

Answer:

Industry-wide differentiation strategy

Explanation:

Staples is providing a wide range of products in various locations, both in stores and online. He is creating an industry-wide differentiation by providing unique products that customers wants.

The target customers consist of wide range of people with different preferences.

6 0
3 years ago
During February 2017, its first month of operations, the owner of Schwenn Enterprises invested cash of $100,000. Schwenn has cas
olchik [2.2K]

Answer:

Cash balance is $85,000

Explanation:

In determining the cash balance of the period, we must know how much is the inflow and outflow of the cash for the period and add it or deduct to the beginning balance. It is simply, beginning balance plus inflows less outflows. February is the first month of the operation of Schwenn Enterprises, that only means the possible beginning balance of the cash is the cash investment. So to further discuss it clearly, let’s do the computation.

Beginning balance on February $100,000

Add: inflow

Cash sales $20,000

Less: outflow

payment on expenses $35,000

CASH BALANCE AT FEBRUARY 28 $85,000

7 0
3 years ago
The goal of customer relationship management is to
viktelen [127]
Enhancing, Retaining, Satisfying and Attracting.
6 0
3 years ago
Petras Company engaged in the following transactions during 2012, its first year in operations: (Assume all transactions are cas
Oksana_A [137]

Answer:

The net cash inflow from financing activities on Petras's 2013 statement of cash flows is $5. So, the correct option is A.

Explanation:

Petras Company

Statement of cash flows (extract)

Proceed from the issue of common stock              $325

Repayment of outstanding debt                            ($220)

Dividends paid                                                         ($100)

Net cash inflow from financing activities                    $5

Note that earned revenues and incurred expenses would form the net income used under operating activities section of the cash flows.

The prior year values for there for comparative purpose only.

5 0
2 years ago
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