1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
QveST [7]
3 years ago
7

The average American’s real income today is about four times what it was in _________.

Business
1 answer:
s344n2d4d5 [400]3 years ago
6 0

Answer:

The average American’s real income today is about four times what it was in <u>1960</u>.  Average lifetime lengths have increased by <u>12%</u>,  the number of hours worked per week has decreased by <u>17%</u> ,  and homes have <u>more than</u> doubled in size.

Explanation;

Economic data shows that Americans make on average, about 4 times what they were making in real income in 1960 due to exponential economic growth.

At the same time, Americans are also living a longer life by 12% on average than in 1960 when the life expectancy was around 70 years. Today it is around 78 years.

Americans are also working fewer hours than their 1960 counterparts because where in 1960 they worked for an average of 50 hours a week, recently that number hovers around 40 hours a week.

Houses built are also larger than they were in the '60s as income has increased and preferences have changed.

You might be interested in
The most important fundamental component of an entity's internal control is:
rosijanka [135]

Answer:

b) People who operate and function within the control system.

Explanation:

Internal controls are the process and mechanisms that an organization puts in place to ensure the integrity of its accounting and financial information. Internal control helps a business achieve operational efficiency and effectiveness. It ensures that a company financial reporting complies with the relevant laws, policies, and regulations.

The people working in internal control determines whether the mechanisms will succeed or fail.  Employees assigned in internal control must be of high integrity and be able to discharge their duties without fear or favor.  Internal control protects company resources from theft, wastage, or misuse. For internal control to achieve its purpose, the Individuals in that department must not comprise in any situation.

6 0
3 years ago
Home Services common stock offers an expected total return of 14.56 percent. The last annual dividend was $2.27 a share. Dividen
prohojiy [21]

Answer:

Dividend yield=10.3%

Explanation:

Mv=Do(1+g)/(Ke-g)

MV=?

Do=2.27

g=2.1%

Ke=14.56%

Mv=2.27(1+2.1%)/(14.56%-2.1%)

MV=2.75/(12.46%)

MV=$22.1

Dividend yield=dividend per share/share price per share

Dividend yield=2.27/22.1

Dividend yield=10.3%

5 0
3 years ago
Julia
Nat2105 [25]

Answer:

good morning I hope you l I e for the update on the answer to the answer to the question on the answer to the question on the answer to the question on the answer to the question on the

4 0
3 years ago
What affects the egg coagulation in custards and creams!
Lapatulllka [165]
What affects the egg coagulation in custards and creams!
Answer: Sugar is also important to custard as the addition of it in a recipe results in a softer custard. Sugar also increases the coagulation temperature and time. Don't dump the sugar directly onto the eggs and let it sit; this causes the yolks to "burn" into hard little lumps that detract from your creamy custard.
8 0
3 years ago
Read 2 more answers
Write a claim that responds to the question: Why can transferring energy into or out of a substance change molecules' freedom of
nydimaria [60]

Answer:

hope this help u

Explanation:

Transferring energy into or out of a substance changes its temperature, which changes the molecules' freedom of movement. Claim 2: Transferring energy into or out of a substance changes the molecules' kinetic energy, which changes their freedom of movement.

8 0
3 years ago
Other questions:
  • Spielberg Company's general ledger shows a checking account balance of $22,970 on July 31, 2021. The July cash receipts of $1,88
    10·1 answer
  • ​a decision maker whose utility function graphs as a straight line is
    11·1 answer
  • Cullumber Co. leased equipment to Union Co. on July 1, 2021, and properly recorded the sales-type lease at $131,000, the present
    11·1 answer
  • True or false: market capitalization is equal to # of shares outstanding times earnings per share.
    13·1 answer
  • Using the aging method of accounts receivable method, $5,800 of the company’s Accounts Receivable are estimated to be uncollecti
    12·1 answer
  • What does the E in the personality type abreviations stand for
    5·1 answer
  • An economy is operating with output $300 billion below its natural rate, and fiscal policymakers want to close this recessionary
    12·1 answer
  • Hey i need help with sum
    13·1 answer
  • What will happen to the market value of a bond if interest rates decrease?
    8·1 answer
  • An increase in revenues increases net income, and net income increases stockholders’ equity. True or false?.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!