Answer:
you definitely take the job in Dallas because the real wage is higher there.
Explanation:
given data
Chicago paying = $67,000
Dallas paying = $58,000
price index in Chicago = 110.8
price index in Dallas = 91.5
solution
we get here Real wage in Chicago that is
Real wage in Chicago = 67000 ×
Real wage in Chicago = $60469
and
Real wage in Dallas is
Real wage in Dallas = 58000 ×
Real wage in Dallas = $63388
so you definitely take the job in Dallas because the real wage is higher there.
What is the difference between federal purchases and federal expenditures? F<span>ederal purchases require that the government receives a good or service in return, whereas federal expenditures exclude transfer payments. In this case, another way to remember the two are that federal purchase requires a purchase to be made for a good or service. A federal expenditure requires no purchase to be made but a transfer of payments to happen. </span>
Answer:
The correct answer is regarding the model, is that an individual firms prices are flexible but the level of the price is fixed.
Explanation:
The aggregate expenditure model is the model in which the sum or total of all the expenditures are undertaken in the economy with the factors during the particular time period.
The equation is:
AE = C (Consumption) + I (Investment) + G (Government) + NX (Net Exports)
In this model, it is assumed that the prices of the individual firm are flexible whereas the price level is fixed.
Answer:
100 times per year
Explanation:
Data provided in the question:
Annual Demand , D = 320,000 boxes
Cost of storing one box, C = $10
Plant set up cost for production, c = $160
Now,
The optimal ordering quantity = 
or
The optimal ordering quantity = 
or
= 3200
Therefore,
Number of timer in year company produce boxes =
=
= 100 times per year