Answer:
Jennifer's current salary would be worth more in 1975 than her mom's salary.
Explanation:
You need to calculate Real Income, which is income adjusted for inflation using the CPI from a different year. Formula:
(Current Year Salary * CPI from different year)/ (CPI from current year)
(55,000 * 82)/ (234)
4,510,000 / 234 = $19,273.50
Jennifer's current salary was worth $19,273.50 in 1975 dollars, which is more than the $15,000 her mom made.
D-Stagnation is not a goal in economics.
Bringing products and services to consumers in the u.s. that were previously available only in other countries is an advantage of: international trade.
<h3>What is meant by international trade?</h3>
This is the term that is used to refer to the trade that is carried out between two different nations.
It is when the nations are able to engage in buying and selling the goods that they have in their home countries and taking the ones that they do not have from other countries.
Hence we can say that bringing products and services to consumers in the u.s. that were previously available only in other countries is an advantage of: international trade.
Read more on international trade here: brainly.com/question/15115779
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McDonald's in a <u>form utility </u>category and Costco in the <u>place utility </u>category.
Form utility refers the the increased utility of the product or service itself (fast convenient burgers and fries at McDonald's)
Place utility is making products and services available in a convenient place (you can buy food, tires, a TV, your medicine, and a couch all at Costco).