<u> Her real salary has fallen and her nominal </u><u>salary </u><u>has risen. option</u><u> (d)</u><u> is correct .</u>
What is called wage?
- A wage is money that is paid by an employer to an employee in exchange for work.
- The amount may be fixed for each task completed (this is called piece rate); or it may be based on time or other measurable quantity of work done.
- Work for wages is the most common form of work.
Her real salary has fallen and her nominal salary has risen.
<u>Reason -</u> She can generate lesser goods so her real wage decreases and $200 leads to increase in nominal salary .
So, option (d) is correct .
Learn more about wage
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<u>The complete question is -</u>
An associate professor of physics gets a $200 a month raise. With her new monthly salary she can buy more goods and services than she could buy last year. a. Her real and nominal salary have risen. b. Her real and nominal salary have fallen. c. Her real salary has risen and her nominal salary has fallen. d. Her real salary has fallen and her nominal salary has risen.
Answer:
$12,714
Step-by-step explanation:
Loan Amount=$30,000
Monthly Payment =$355.95.
Number of Payment Period = 10 Years X 12 Months =120 Months
Total Payment to be made by Austin =120 X 355.95=$42,714
Therefore:
The interest Austin will pay=Total Payment-Loan Amount
=$42,714-30,000
=$12,714
Answer:
4 dollars and 20 cents
Step-by-step explanation:
5.00-.80=4.20
Answer:
The net worth of a person is the difference between a person's assets (non-financial and financial) that he/she owns and the debt that person owes.
Value of Assets - Debt and liabilities = Net Worth
Answer:
7⁷
Step-by-step explanation:
a^(1/7) = 7
a = 7⁷
