Based on the CPI in 1978 and the CPI in 1990, the 1978 doctor's salary in 1990 dollars is $44,904.76.
<h3 /><h3>What is the doctor's salary in 1990?</h3>
This can be found as:
= CPI in 1990 / CPI in 1978 x Salary in 1978
Solving gives:
= 230 / 210 x 41,000
= $44,904.76
The rest of the question is:
Given this information, a doctor's 1978 salary in 1990 dollars is $__________.
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It is risky to invest in a commodity because: <span>The commodity's price might drop significantly very quicklly
</span>Commodity products are circulated really quickly. This will affect the rarity of the product in the markets. If the rarity is high, the price will increase and vice versa. This exact condition makes the price for that commodity also fluctuated really quickly.
Answer:
Public goods are better than other goods.
Explanation:
A public good is a product that one person can consume but still it can be available for another person. Another one would not be deprived for the same. This makes public good non-rivalrous. For instance, public park is a public good. If person A is using it, B can also use it at the same time. Services like fire and police are also public goods and are available to all at the same time. Thus, public goods are mostly publicly financed and hence are better.
Private good like a piece of pizza can only be eaten only person 'A' at a given time. Person 'A' can exclude others from eating it unlike a public good.
Geography affected the development of Phoenician civilization because they had a good trading location.The Phoenicians trade with other people by getting the things they want to trade in boats and then they traveled to other places and traded what was in the boat there for something else.
The Mexican Federal Constitution of 1824 was Mexico's first constitution, after the overthrow of Emperor Agustín de Iturbide. The Constitution of 1824 transformed Mexico into a FEDERAL REPUBLIC, governed by a national president, congress, and supreme court, but with lots of power also given to the states.
