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olga2289 [7]
2 years ago
5

In​ 1982-84 dollars, the real average hourly wage rate in 2005 was ​$8.18 and in 2006 ​, it was ​$8.24 . In 2005 ​, the CPI was

195.3 and in 2006 ​, the CPI was 201.6 . Calculate the nominal wage rate in 2005 and in 2006 .
Business
1 answer:
Alona [7]2 years ago
7 0

Answer:

the nominal wage rate in 2005 and in 2006 is 15.98 and 16.61 respectively

Explanation:

The computation of the nominal wage rate in 2005 and in 2006 is shown below:

For the year 2005

= $8.18 × $195.3 ÷ 100

= 15.98

And, for the year 2006

= $8.24 × 201.60 ÷ 100

= 16.61

In this way it should be calculated

hence, the nominal wage rate in 2005 and in 2006 is 15.98 and 16.61 respectively

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katovenus [111]

Answer:

Explanation:

Forecast usage = 50 %

Actual Usage = 52%

smoothing constant = 0.10

⇒ 50 + 0.10 (52 - 50)

⇒ 50 + 0.10 (2)

⇒ 50 + 0.2 = 50.20

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2 years ago
A Christian has a sin nature. true or false
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True is the answer.....
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What annual rate of return is implied on a $2,500 loan taken next year when $5,375 must be repaid in year 6? (Do not round inter
Zarrin [17]

Answer:

16.54%

Explanation:

We have to applied the rate formula that is shown in the attachment.

The NPER shows the time period.  

Given that,  

Present value = $2,500

Future value or Face value = $5,375

PMT = $0

NPER = 6 years - 1 years = 5 years

The formula is shown below:  

= Rate(NPER,PMT,-PV,FV,type)  

The present value come in negative  

So, after solving this,  the annual rate of return is implied is 16.54%

4 0
2 years ago
A regression line is the line that best fits the data, but this does not mean that the fit is good. In other words, there can st
horsena [70]

Answer:

Larger-sq and small Se.

Explanation:

Regression line is a line that clearly describes the behavior of a given set of data.

Regression lines are very essential for forecasting processes. The importance of the line is to describe the interrelation of a dependent variable (Y variable) with one or many independent variables (X variable).

An analyst can forecast future behaviors of the dependent variable by making use of the equation gotten the regression line. This is done by inputting different values for the independent ones. Regression lines are frequently employed in the financial sector.

Financial analysts make use of linear regressions to forecast stock prices, commodity prices and also to carry out valuations for many different securities. Companies use regressions for the purpose of forecasting sales, inventories and a lot of other variables that are needed for strategy and planning. The regression line formula is represented below:

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2 years ago
Lance’s Diner has a hot-lunch special each weekday and Sunday afternoon. The cost of food and other variable costs for each meal
Bumek [7]

Answer:

(a) $700

(b) $5.50

Explanation:

Weekly fixed costs = $6,000

Weekly Total meals = Average customers per day × No. of days

                                 = 500 × 6

                                 = 3,000

Fixed cost per meal = Weekly fixed costs ÷ Weekly Total meals

                                  = $6,000 ÷ 3,000

                                  = $2

(a) Lowest price in total = Number of customers × Variable costs for each meal

                                       = 200 × $3.50

                                       = $700

(b) Lowest price = Variable costs for each meal  + Fixed cost per meal

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                           = $5.50

5 0
3 years ago
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