A report indicated that the average real wage in manufacturing declined by 2% between 1990 and 2000. If the cpi equaled 1. 30 in 1990, 1. 69 in 2000, and the average nominal wage in manufacturing was $35 in 2000, what was the average nominal wage in manufacturing in 1990?.

Answers

Answer 1

The average nominal wage in manufacturing in 1990 was $27.04.

To calculate the nominal wage in manufacturing in 1990, we need to use the formula:

Nominal wage in 1990 = (Nominal wage in 2000 × CPI in 1990) / CPI in 2000

Now, let's calculate the CPI for the year 1990:

Using the formula to calculate the CPI:  

CPI = (Cost of basket in specific year / Cost of basket in base year) x 100 CPI in 1990

= (Cost of basket in 1990 / Cost of basket in 1990) x 100 CPI in 1990

= 1.30

We are given that the CPI in the year 2000 was 1.69.

Therefore, the formula for calculating nominal wage in manufacturing in 1990 can be simplified as:

Nominal wage in 1990 = (Nominal wage in 2000 × 1.3) / 1.69

We are given that the CPI in 1990 is 1.3 and the CPI in 2000 is 1.69. Also, we are told that the average nominal wage in manufacturing was $35 in 2000. So, we can use the formula above to calculate the average nominal wage in manufacturing in 1990.

Nominal wage in 1990 = (Nominal wage in 2000 × CPI in 1990) / CPI in 2000

Nominal wage in 1990 = ($35 × 1.3) / 1.69

Nominal wage in 1990 = $27.04

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Related Questions

selecting a target market involves all of the following steps except

Answers

Answer:

E. all of the above are involved

the total of all planned real expenditures in the economy is part 2 a. aggregate consumption. b. aggregate spending. c. aggregate gdp. d. aggregate demand.

Answers

The  total of all planned real expenditures is: d.  aggregate demand.

What is  aggregate demand?

Aggregate demand can be use as a form of measurement to determine the value of total goods produce at a particular or specific period of time.

One of the advantage of aggregate demand  is that it help us to know the  total quantity or amount  of all  product or goods that was demanded in an economy.

Therefore we can conclude that the correct option is D.

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a fixed-price contract is useful and appropriate when

Answers

Firm fixed-price contracts tend to be best suited for straightforward projects in which costs are well known in advance.

the dual price for a percentage constraint provides a direct answer to questions about the effect of increases or decreases in that percentage. True or False

Answers

False, Although it gives information about the marginal value of loosening or tightening a constraint, the dual price for a percentage constraint does not directly address questions about the impact of changing the percentage.

The increase in the value of the objective function per unit increase in the right-hand side (RHS) value of a constraint is represented by the dual price, also referred to as the shadow price. For percentage constraints, which express a requirement that a certain percentage of a resource must be used or produced, the dual price represents the increase in the objective function value per percentage point increase in the RHS value of the constraint. Therefore, the dual price can help us understand how much more (or less) profit or cost savings we can achieve by increasing (or decreasing) the percentage requirement. However, the dual price does not provide a direct answer to questions about the effect of changing the percentage requirement itself (e.g., from 50% to 60%). For this, we would need to perform sensitivity analysis or optimization under different scenarios.

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Retirement benefits are an example of
income.
Labor
rental
interest

Answers

The answer is interest

Answer:

Labor income

Explanation:

edg

Lillian's company has distributed a guidebook on using inclusive language that does not discriminate. This information will help her, and her coworkers follow what kind of guidelines?
group dynamics

conflict resolution

business hierarchy

business etiquette

Answers

Answer:

the answer is business etiquette

Explanation:

i just did the test and got 100 percent

A manual on employing nondiscriminatory language that is inclusive was issued by Lillian's employer. She and her employees will be better able to follow business etiquette thanks to this information. Hence, Option D is correct.

What are  business etiquettes?

The terms "business etiquette" and "social and business etiquette" relate to the standards and expectations of behavior in both contexts, the customary behaviors and conduct, and a professional code of ethics. All that's required is that one must act politely.

It is customary to behave in certain ways at work, and this is governed by a code of conduct. "Respect and protect time, people, and processes" is the goal of this code. Standard business etiquette is not universally accepted and can differ depending on the setting.

Therefore, Option D is correct.

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Controlling Your Feelings …Before They Control You" Give your
views on handling emotion effectively in online communications?

Answers

Controlling your emotions effectively in online communications is crucial for maintaining healthy and respectful interactions.

Here are some views on how to handle emotions effectively:

1. Pause and reflect: Before responding to a message that triggers strong emotions, take a moment to pause and reflect. This helps you avoid impulsive reactions that may escalate the situation.

2. Empathize and understand: Try to put yourself in the other person's shoes and understand their perspective. This can help you respond with empathy and avoid misunderstandings.

3. Choose your words wisely: Use clear and concise language to convey your thoughts without being offensive or aggressive. Avoid using caps lock, excessive exclamation marks, or sarcasm as they can be easily misinterpreted.

4. Practice active listening: Pay attention to the other person's words and tone. Reflecting back on what they said shows that you are actively engaged in the conversation and helps prevent miscommunication.

5. Seek clarification: If you feel confused or upset by someone's message, ask for clarification before assuming their intent. This allows for open dialogue and helps prevent unnecessary conflicts.

6. Utilize private channels: If a conversation becomes heated, it may be more effective to address the issue privately, using direct messages or emails. This allows for a more personal and calm discussion.

7. Take breaks when needed: If you find yourself becoming overwhelmed with emotions, it's important to take a break from the conversation. Step away and engage in activities that help you relax and regain composure.

By following these guidelines, you can handle your emotions effectively in online communications, fostering healthy and respectful interactions. Remember, maintaining a calm and empathetic approach is essential for successful communication in the online world.

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the standard deviation is appropriate to compare the risk between two investments only if

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The standard deviation is appropriate to compare the risk between two investments only if the returns of the investments are normally distributed and have the same expected return.

The standard deviation is a measure of the dispersion or volatility of a set of data points. It provides an indication of the risk or variability associated with an investment's returns. To make a valid comparison of risk using standard deviation, two key conditions should be met. First, the returns of the investments should follow a normal distribution or at least approximate it reasonably well. This assumption is important because the standard deviation assumes a symmetric bell-shaped distribution. Second, the investments being compared should have the same expected return. If the expected returns are significantly different, the standard deviation alone may not provide an accurate comparison of risk, as higher expected returns might justify higher levels of risk. Therefore, it is crucial to consider both the distribution of returns and the expected return when using standard deviation for risk comparison.

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evaluate joint initiative on priority skills acuisitions (jipsa)​

Answers

identify solutions to major skills shortages constraining

netflix started in 1997 as an online movie rental service. users could browse the online catalog and order dvds to be delivered to their homes. today it is a streaming platform. as the company's success grew, several chains of storefront video rental businesses went out of business. this phenomenon is known as .group of answer choices

Answers

Netflix, Inc. is an American subscription video-on-demand over-the-top streaming service and production company based in Los Gatos, California.

What is the meaning of video-on-demand?

A form of media distribution known as "video on demand" enables users to access videos without the need for a conventional video-playing device or the limitations of a regular static broadcasting schedule. The most popular method of media delivery in the 20th century was broadcasting in the form of over-the-air programming.

The term "video on demand" (VOD) refers to a variety of things. It consists of all user-requested on-demand video material. This might be expensive movies, TV show archives, sporting events, or concerts. Additionally, it might contain user-generated video material.

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Which of the following statements about short-term goals is false? a. An example of a short-term goal would be “buy a house in 2 years.” b. You can work on a short-term goal immediately. c. Short-term goals can be accomplished quickly. d. Your short-term goals should be specific. Please select the best answer from the choices provided A B C D

Answers

Answer:

A

Explanation:

2 years is a longer term plan and can not be worked on quickly

34. When investing your main consideration should be:

Answers

Answer:When investing your main consideration should be:SafetyIncomeCapital growth

Can I earn by brainly?

Answers

Answer:

huh?

Explanation:

what do you mean ? Are you referring to points or ?

The step in the formal planning process known as __________ involves studying past events, examining current conditions, and forecasting future trends.

Answers

Situation analysis

I hope this helps (:

The quality of the report Jamie turned in was lower than expected. Here was
part of his explanation: 'Large portions of the material came from Luke down
the hall." What likely character flaw does this reveal in Jamie?

Answers

Answer:

he was not doing his job right? im sorry if this is wrong

Explanation:

Answer:

B.Lack of willingness to take responsibility

Explanation:

jeremy feels it is important to include a department head from each area of the company in the decision to purchase an additional warehouse. what type of team does jeremy want to form?

Answers

Jeremy wants to form a cross-functional team.

A cross-functional team is composed of individuals with diverse skills and expertise who come from different functional areas of an organization to work together towards a common goal.

By including a department head from each area of the company in the decision to purchase an additional warehouse, Jeremy is ensuring that all relevant perspectives and expertise are considered in the decision-making process.

This approach can lead to more informed decisions and can help promote collaboration and communication across different departments within the organization.

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if the invoice is incorrect, recalculate


20 dresses at $15 each 350.00
Less 10% trade discount 12.00
Add tax at 18% 41.04
Total 360.67
Terms 30 days net​

Answers

Answer: $318.60

Explanation:

20 dresses at $15 each will cost:

= 20 × $15 = $300.00

Less: 10% trade discount = 10% × $300 = $30.00

Add tax at 18%: = 18% × ($300 - $30) = 18% × $270 = $48.60

Total = $270 + $48.60 = $318.60

1. What is the difference between the consumer market and the business market?

Answers

Answer:

Business markets refer to organizations, businesses, or entities that acquire products and services for use in the production of other services and products. On the other hand, consumer markets refer to markets where producers sell their products or services directly to the final consumers.

Explanation:

economic systems from the most government involvement in the economy to least government involvement.

Answers

Explanation:

In a command economy, the system is controlled by the government. A mixed economy is partly run by the government and partly as a free market economy, which is an economic system that includes no government intervention and is mainly driven by the law of supply and demand.

oriole company uses the percentage of recievables method for recording bad debts expense the accounts recieable balance is 280000 and credit sales are

Answers

As stated in the statement, Dr. Bad debt cost. $11,200 to be used as a questionable account allowance $11,200.

What do you mean by sales?

The sale is an exchange that involves exchanging goods or services for a specific sum of money. Putting put it another way, a sales would be any action that involves giving the buyer possession of a thing or service in return for payment.

Briefing:

Given that:

Balance of receivables = $280,000

credit sales overall = $2,810,000

5% of the total amount due will constitute bad debt. = $280,00 × 5% = $14,000

Allowance for credit balance on a shaky account= $2,800 and it must increase to $14,000 I.e $14,000 - $2,800 = $11,200

Revision of a journal entry

Dr Bad debt expense $11,200

Cr Allowance for doubtful accounts $11,200

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Complete question is:

Oriole Company uses the percentage of receivables method for recording bad debts expense. The accounts receivable balance is $280000 and credit sales are $2810000. Management estimates that 5% of accounts receivable will be uncollectible. What adjusting entry will Oriole Company make if the Allowance for Doubtful Accounts has a credit balance of $2800 before adjustment

If the delivery method is face to face, provide a room
arrangement design to maximize learning

Answers

When it comes to face-to-face delivery methods, there are numerous benefits and opportunities to engage students in their learning. An efficient and productive face-to-face learning experience is one that is planned out and organized with room arrangement design. This helps to maximize the overall learning experience of the students in the class.

Room arrangement design is an essential aspect of face-to-face delivery methods as it can either promote or distract from the overall learning experience. The layout and design of a classroom can influence a student's participation in class discussions, their ability to hear and see what is going on, and their overall level of comfort in the classroom. A well-planned classroom design can help students to be more engaged and can maximize learning.
If the delivery method is face-to-face, the following room arrangement design could be used to maximize learning:
1. Classroom set up: Arrange the room in a way that all students have a clear view of the board and can interact with the teacher easily.
2. Grouping of tables and chairs: Students should be seated in small groups to facilitate group discussions and collaboration.
3. Clear and legible writing: Ensure that the writing on the board or any other displays can be seen and read clearly by all students.
4. Comfortable seating arrangements: Make sure the seating is comfortable, and the lighting in the room is good. It is essential to keep the students' comfort in mind while designing the classroom.
5. Learning resources: Place learning resources like textbooks, handouts, and other materials in an easily accessible location in the classroom.
Overall, a well-organized classroom can maximize learning for the students. The room arrangement design plays a critical role in achieving this goal. So, it is important to make sure that the classroom is designed in a way that promotes engagement, collaboration, and learning.

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________ is as important for managers as for front-line employees, and among all Big Five traits, this trait is most consistently related to job performance.

Answers

Conscientiousnessis  trait as important for managers as for front-line employees, and among all Big Five traits, this trait is most consistently related to job performance.


In the workplace, conscientious individuals are focused on achieving their goals, taking on new challenges, and completing tasks to the best of their abilities. They are detail-oriented, organized, and can be relied upon to meet deadlines and follow through on commitments. As a result, they are highly valued by their employers, and their work is often of high quality.
Conscientiousness is particularly important for managers because they are responsible for overseeing the work of others and ensuring that their team is achieving its goals. They need to be able to set priorities, plan and coordinate work, and hold team members accountable for their performance. Conscientious managers can be counted on to provide clear guidance, set high standards, and lead by example.
Overall, the trait of conscientiousness is a key factor in job performance and is essential for success in any role, whether at the front line or in a managerial position. By exhibiting conscientious behavior, individuals can increase their chances of success and achieve their goals in the workplace.

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Unlike a limited partnership, a general partnership has which of the following?
O A. An unlimited number of partners.
B. Option to declare bankruptcy without penalty.
C. Unlimited liability for all partners.
D. Stockholders and a board of directors.

Unlike a limited partnership, a general partnership has which of the following?O A. An unlimited number

Answers

Answer:

C. Unlimited liability for all partners.

Explanation:

A general partner has unlimited liability to the debts of the business. It follows that in a general partnership business, all partners will have unlimited liability to business debts.  

A general partnership is not a separate entity from its owners. Assets and liabilities of the business will be treated as those of the partners. Should the business fail in paying its debts, the partners' personal properties may be sold to clear the debts.

Define a production possibility curve

Answers

Answer:

A production possibilities curve in economics measures the maximum output of two goods using a fixed amount of input. The input is any combination of the four factors of production: natural resources (including land), labor, capital goods, and entrepreneurship.

Explanation:

Hope it's help you

What is production possibility curve?

production possibility curve  is  can be regarded as a curve which provides illustration of the possible quantities, which is very possible to be produced from two products.

And for this to be possible, both must depend upon the same finite resource for their manufacture.

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With the world's demand for seafood on the rise but declines in harvests of wild fish stocks occurring, the market has become the fastest-growing area of global food production.

Answers

With the world's demand for seafood on the rise but declines in harvests of wild fish stocks occurring, the market has become the fastest-growing area of global food production in Aquaculture.

The breeding, raising, and harvesting of fish, shellfish, and aquatic plants is known as aquaculture. It's basically water farming. Aquaculture in the United States is an environmentally responsible source of food and commercial products and contributes to the creation of healthier habitats, which is used to rebuild stocks of threatened or endangered species.

Aquaculture or fish farming is required in order to meet the world's ever-increasing demand for seafood and to provide healthy protein to people in developing countries while reducing pressure on wild fish.

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__________ may provide "sliver" equity to a project as an incentive to obtain the bid.
A. Insurance companies
B. Pension funds
C. Construction companies
D. Governments

Answers

C. Construction companies. Construction companies may provide "sliver" equity to a project as an incentive to obtain the bid.

This practice is often seen in the construction industry, where companies compete for projects through a bidding process. In order to make their bid more attractive, construction companies may offer a small equity stake in the project, referred to as "sliver" equity.

By providing this equity stake, construction companies demonstrate their commitment and alignment with the project's success. It serves as an incentive for the project owner to choose their bid over competitors, as they would have a direct financial interest in the project's performance.

While insurance companies, pension funds, and governments may also participate in various ways in project financing or investment, the specific practice of providing "sliver" equity as an incentive is more commonly associated with construction companies.

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What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.

Answers

Answer:

A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOU

Sarah receives a semi-monthly salary of $933.20 and works a regular workweek of 40 hours. A. What is Sarah's hourly rate of pay? 5 marks b. If Sarah's gross earnings in one pay period were $1090.19, for how many hours of overtime was she paid at time and one-half regular pay

Answers

Answer:

$10.7677

9.72 hours

Explanation:

Given the following :

Semi-monthly salary = $933.20

Work hours per week = 40 hours

Hourly rate of pay =?

Monthly salary = 2 × $933.20 = $1866.40

Yearly pay = $1866.40 × 12 = $22396.8

Therefore, weekly pay ;

$22,396.80 / 52 = $430.7077

However, Sarah only works for 40 hours per week

Therefore, weekly pay equals;

$430.7077 / 40 = $10.7677

B) if gross pay = $1090.19

Therefore, amount of overtime paid equals:

$1090.19 - $933.20 = $156.99

If overtime pay is one-half regular pay, that is;

1.5 × $10.7677 = $16.152

Therefore, overtime hours equals

Total overtime paid / overtime pay rate

$156.99 / $ 16.152 = 9.719

9.72 hours

describe the downward demand spiral and its implications for pricing decisions.

Answers

When the demand for a product or service decreases, businesses may initially respond by lowering their prices in an attempt to attract more customers and stimulate demand.

Firstly, lowering prices can signal to customers that the product or service is of lower quality or value. This perception can further decrease demand, as customers may choose to avoid purchasing the product altogether or opt for alternative options. Secondly, reducing prices may result in lower profit margins for businesses. This can make it more challenging for companies to cover their costs, invest in product development, or sustain their operations. Consequently, companies may need to make cost-cutting measures,

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Which of the following statements about the admission process is FALSE?
A.
It is free.
B.
It requires information about yourself and your family.
C.
It may include a written essay.
D.
It may not the same thing as the scholarship application.

Answers

Answer:

B.  It requires information about yourself and your family.

Explanation:

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