LAST QUESTION ANSWER: Federal Trade Commission (FTC)
Answer:
1. The price of a beignet is $3.00 in 2011 and Maria's wage is $27.00 per hour in 2011.
2. The price of a paperback novel is 3 beignets in 2011 and Maria's wage is 9 beignets per hour in 2011.
3. 3 Beignets
4. increases and remains the same
Explanation:
1. Nominal value is the value of a product based on the money of the day that we see. The price of a beignet is $3.00 in 2011 and Maria's wage is $27.00 per hour in 2011 are the values of the product and wage quoting the money of the day.
2. The real value of a varaible is the value in terms of the value of some other goods. In this case Paperback and Maria's wage are valued in terms of beignets.
3. The relative price of paperback is valued in terms of beignets. So if a beignet costs $6 and a paperback novel is $18. The relative price of a paperback novel will be three times the cost of beignet, since a beignet costs $6.
4. Between 2011 and 2016, the nominal value of Maria's wage increases and the real value of her wage remains the same.
Answer:
private prison enterprise
Explanation:
A public jail is not a profit-generating enterprise. The eventual objective is to house jailed prisoners in an effort to rehabilitate them or remove them from the streets. A private jail, on the other hand, is administered by a business. That corporation’s final purpose is to profit from everything they deal in.
In order to generate money as a private jail, the firm gets into a contract with the government. This contract should indicate the basis for payment to the company. It might be based on the size of the jail, based on a monthly or annual predetermined sum, or in most situations, it is paid depending on the number of convicts that the prison holds.
As of 2019, there are around 116,000 inmates detained in private prisons, which constitutes 8 percent of the overall federal and state prison population.
Many of these jails save the government money, but others actually cost more per prisoner than a public institution would cost.
Answer:
option (C) 280%
Explanation:
Number of shares of stock X purchased = 100
Purchasing cost of share = 
Selling cost of stocks = $24 per share
Brokerage paid = 2%
Now,
The total purchasing cost involved =
+ 2% of 
= 612.5 + 0.02 × 612.5
= $624.75
also,
Total income from sales of stocks
= Total selling cost of shares - brokerage paid
= $24 × 100 - 2% of Total selling cost
= $2400 - ( 0.02 × $2400 )
= $2400 - $48
= $2,352
now,
The investor's percent gain on this investment =
=
=
= 276.47% ≈ 280%
Hence, the correct answer is option (C) 280%