assume the cpi increases from 200 to 240 and a person's nominal income increases from $20,000 to $30,000 over the same period. this person's real income has

Answers

Answer 1

The CPI increases from 200 to 240 if a person's nominal income increases from $20,000 to $30,000 over the same period. This person's real income has increased by 25%.

A consumer price index is a price index that measures the cost of a market basket of products and services for consumers that households purchase on average and in weighted terms. Price fluctuations throughout time are tracked by changes in the CPI. The consumer price index, or CPI, tracks changes in prices for products and services over time.

Real income, commonly referred to as real salary, refers to an individual's or an organization's earnings after accounting for inflation. Unlike nominal income, which does not account for these changes, real income does. In order to comprehend their ability to spend the most money, people frequently attentively monitor the difference between their nominal and real income.

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Related Questions

Exploratory research is conducted to understand the cause-and-effect relationship between market variables. True False

Answers

Exploratory research is conducted to understand the cause-and-effect relationship between market variables. False is the correct answer.Explanation:

Exploratory research is a type of research that is conducted to determine the underlying issues, which involve the gathering of information that is not structured. It is used to understand a phenomenon by gathering data on variables that may or may not be related to the research problem being studied. The data obtained from exploratory research is used to understand the nature of the research problem. It is not used to determine the cause-and-effect relationship between market variables. Therefore, the statement “Exploratory research is conducted to understand the cause-and-effect relationship between market variables” is false.

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HELP

Question

Q. To properly manage your checking account you should do which of the following?


A.Update your transaction register regularly to include all checks, ATM withdrawals, and debit card purchases.

B.Balance your checkbook daily using the most current information about your account by phone, ATM, or online.

C.Promptly review your checking account statement every month.

D.All of the above

Answers

Answer to this question is all of above. D.

Many businesses use which of the following to limit employees' Web access? a.
spyware b. web bugs c. content filtering d.honeypots

Answers

Many businesses use content filtering to limit employees' Web access.

Content filtering is a technique used by businesses to restrict access to certain websites or types of content on the internet. It works by analyzing the content of websites and either blocking or allowing access based on certain criteria. This can include blocking websites that are deemed inappropriate or distracting, as well as limiting access to social media, streaming sites, or other non-work-related content. Content filtering can be implemented through various software solutions or through the use of firewalls and other network security measures. While other techniques such as spyware, web bugs, and honeypots may also be used for monitoring or limiting employee web access, content filtering is the most commonly used method in the business world.

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what led to the implementation of the new form w-4 in
2020

Answers

The new form eliminated the use of allowances and replaced them with a five-step process that calculates federal income tax withholding based on several factors, including filing status, dependents, deductions, and credits. The new form W-4 is meant to be more accurate and easier for taxpayers to understand.

The new Form W-4 in 2020 was implemented due to changes made to the federal tax code in 2018 and to make withholding more accurate and easier for taxpayers to understand.

Form W-4 is a document that employees complete to provide their employers with information necessary for withholding the correct federal income tax from their paychecks.

It also helps employees determine the number of allowances and additional amounts they want to claim.

The W-4 form is submitted to employers by employees as part of their onboarding process when they first start working.

Employers are then responsible for calculating federal income tax withholding based on the information provided in the W-4 form.

The new Form W-4 in 2020The new W-4 form was introduced in 2020 as a result of the changes made to the federal tax code in 2018.

One of the major changes was the elimination of personal exemptions, which were previously used to determine how much income tax to withhold.

Additionally, the new form eliminated the use of allowances and replaced them with a five-step process that calculates federal income tax withholding based on several factors, including filing status, dependents, deductions, and credits. The new form W-4 is meant to be more accurate and easier for taxpayers to understand.

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In the short-run, a decrease in wage rates in an economy would
increase aggregate supply.
decrease aggregate supply.
cause a movement up the AS curve.
cause a movement down the AS curve.
not impact aggregate supply.

Answers

option A is the correct solution: a decrease in wage rates in an economy would increase aggregate supply.

Why it is?

In the short-run, a decrease in wage rates in an economy would increase aggregate supply. When wage rates decrease, the cost of production for firms decreases, making it more profitable for firms to produce goods and services.

This leads to an increase in the quantity of output supplied by firms, which in turn increases aggregate supply. The relationship between wage rates and aggregate supply is depicted by the upward sloping aggregate supply curve, which shows that a decrease in costs of production, including wages, leads to an increase in aggregate supply.

Therefore, option A is the correct answer: a decrease in wage rates in an economy would increase aggregate supply.

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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

Which business environment are SMEs part of? Micro, market,macro environment and why

Answers

Answer:

Micro-environment factors include internal factors i.e. customers, suppliers, competitors, etc. whereas macro-environment has external factors like political, social, economic, etc.

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What is the purpose of credit legislation and what is its impact on individuals, companies, and financial institutions?

Answers

Answer:

here ;)

Explanation:

Its purpose is to protect consumers obtaining credit to finance their transactions, ensure that adequate credit is provided, and govern the credit industry in general. In 1968, Congress passed the Consumer Credit Protection Act in part to regulate the consumer credit industry.

PLEASE HELP!
Question: Give an example of a patent in business.

Answers

Answer:

Examples of inventions protected by utility patents are a microwave oven, genetically engineered bacteria for cleaning up oil spills, a computerized method of running cash management accounts, and a method for curing rubber.

Explanation:

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Which type of chart or graph shows data with distinct x and y values?
O a bar graph
O a scatter plot
O a line chart
O a pie chart

Answers

Answer:

A. a bar graph is the answer

What are the basic points to be considered while running the occupation? for each of them​

Answers

Answer:

interest

qualification

skills

finance

I need points 5),:6)6

4. Does the same thing work for every customer?

Answers

Answer:

No all customers are diffrent one might like the smell of lavender when one customer might hate lavender and like the smell of honey.

Explanation:

Answer:

No,because every person is only them not everybody else they have their own likes and dislikes

Which educational options are especially useful for technical workers like Carpenters and Electricians? Check all that apply. career colleges apprenticeships associate degrees bachelor’s degrees

Answers

Answer:

A and B

Explanation:

I took the test

Answer:

the correct answer is A and B

Explanation:

explain the difference between centralised and decentralised organisational structure

Answers

Centralized organizational structures rely on one individual to make decisions and provide direction for the company. ... Decentralized organizational structures often have several individuals responsible for making business decisions and running the business.



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once a sterile field is established, items on the field may only be handled with sterile gloves.

Answers

A nurse is performing a sterile dressing change. If new sterile items or supplies are needed, " with sterile forceps or hands wearing sterile gloves" they be added to the sterile field. Therefore, option A is correct.

If a sterile dressing change requires the addition of new sterile objects or instruments to the sterile field, they should be handled with sterile forceps or sterile gloved hands. This is important to maintain field sterility and prevent contamination. Sterile forceps or sterile gloved hands reduce the risk of introducing pathogens and contaminants by ensuring that new items are not touched by non-sterile surfaces or hands.

To maintain sterility during medical procedures, it is important to follow proper sterilization techniques and procedures. 

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The complete question is:

A nurse is performing a sterile dressing change. If new sterile items or supplies are needed, how can they be added to the sterile field?

a. with sterile forceps or hands wearing sterile gloves

b. by carefully handling them with clean hands

c. with clean forceps that touch only the outermost part of the item

d. by clean hands wearing clean latex gloves

What kind of businesses would take your property and hold it for you, with the expectation of giving it back in the same or better condition?

Answers

Answer: Storage business

Explanation: Non-transitory, semi-permanent or long-term, containment, holding, leaving, or placement of goods or materials, usually with the intention of retrieving them at a later time. It does not include the interim accumulation of a limited amount during processing, maintenance, or repair.

Mr.Crimpson is an economist. During the course of each day, he studied how to meet limited wants with limited resources.

True or False?

Answers

Answer:

True

Explanation:

Economic analysis is an analysis about how to fulfill infinite, overlapping needs with minimal capital. It's the method of determining how to "do the best from the least"—to have the most fulfillment with both the least amount of money and resources.

The following information has been taken from the job order cost system, used by SALEEM CORPORATION:

Job No.

Balance March 1

Production Cost in March

15

Rs. 150,000

---

16

170,000

---

17

50,000

Rs. 130,000

18

70,000

150,000

19

----

240,000

20

----

150,000

21

----

90,000

During March Job No. 17, 18 & 19 were completed, and job No. 15, 16 and 17 were sold on account at 40% above cost.

REQUIRED:

i) Cost of finished goods inventory – beginning

ii) Cost of goods in process inventory – beginning

iii) Cost of finished goods inventory – ending

iv) Cost of goods in process inventory – ending

v) Cost of goods manufactured

vi) Cost of Goods sold

vii) Sales

Answers

Answer:

i) Details                                                                 Amount Rs

Cost of Job No.15                                                  150,000

Cost of Job No.16                                                  170,000

Cost of finished goods inventory - beginning  320,000

ii) Details                                                                       Amount Rs

Cost of Job No.17                                                         50,000

Cost of Job No.18                                                         70,000

Cost of goods in process inventory - beginning      120,000

iii) Details                                                            Amount Rs

Cost of Job No.18                                              220,000 (70000+150000)

Cost of Job No.19                                               240,000

Cost of finished goods inventory - ending    460,000

iv)                                                                          Amount Rs

Cost of Job No.20                                                150,000

Cost of Job No.21                                                  90,000

Cost of goods in process inventory - ending   240,000

v)                                                                                          Amount Rs

Total Production Cost incurred in March                           760,000

(130000+150000+240000+150000+90000)

Add: Cost of goods in process inventory - beginning      120,000  

Less: Cost of goods in process inventory - ending          240,000

Cost of goods manufactured                                            640,000

vi)                                                                                     Amount Rs

Cost of goods manufactured                                         640,000  

Add: Cost of finished goods inventory - beginning      320,000  

Less: Cost of finished goods inventory - ending           460,000  

Cost of Goods sold                                                         500,000

vii) Sales = Cost of goods sold * 140%

Sales = 500000*140%

Sales = Rs. 700,000

Which of the following statements best characterizes the bottom line of security for e-commerce?

A) Good security is expensive but critical, and it is the responsibility of the customer to ensure that his or her private information is secure.

B) Good security is inexpensive but critical, and it is the responsibility of the customer to ensure that his or her private information is secure.

C) Good security is expensive but critical, and it is the responsibility of the business to ensure that the customer's private information is secure.

D) Good security is inexpensive but critical, and it is the responsibility of the business to ensure that the customer's private information is secure.

Answers

Answer:

Good security is expensive but critical, and it is the responsibility of the business to ensure that the customer's private information is secure. C

Explanation:

Do you think percentage gains
would get more varied or less
varied if you added additional
mutual funds to your portfolio?

Answers

I think more varied if you added additional mutual funds you would have a more diverse portfolio.








Determine the present value that will give a future value of \( p 9,280 \) at \( 9,75 \% \) compounded monthly for 2 years, 3 months.

Answers

To determine the present value that will give a future value of $9,280 at a 9.75% interest rate compounded monthly for 2 years and 3 months, we need to calculate the present value using the formula for compound interest.

The formula to calculate the present value (PV) based on future value (FV) and interest rate (r) compounded monthly for a given time period (n) is:

PV = FV /\((1 + r/n)^(n*t)\)

In this case, the future value (FV) is $9,280, the interest rate (r) is 9.75%, the time period (t) is 2 years and 3 months, which is equivalent to 27 months, and the compounding is monthly (n = 12).

Substituting these values into the formula, we can calculate the present value:

PV = $9,280 / \((1 + 0.0975/12)^(12*27)\)

Simplifying the equation, we get:

PV ≈ $7,386.76

Therefore, the present value that will give a future value of $9,280 at a 9.75% interest rate compounded monthly for 2 years and 3 months is approximately $7,386.76.

This means that if we invest $7,386.76 at the given interest rate and time period, it will grow to $9,280 after 2 years and 3 months of compounding.

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Many homeowners and businesses are installing solar electric systems. Greater use of solar electric systems benefits the environment because it A depends on the greater use of fossil fuels B conserves nonrenewable resources C produces gases that cause global warming D reduces the need for the ozone shield

Answers

B: conserves nonrenewable resources

Two technicians are discussing scan tools. Technician a states as with all shop equipment, proper maintenance, care, and updating of scan tools is crucial. Technician b states this expense should be budgeted for on a yearly basis as this expense could upwards of $10,000 per year or more. Who is correct?.

Answers

Technician a is correct.

Technicians are skilled experts employed in almost every industry. They restore, install, replace, and service special structures and systems. Technicians usually work alongside other professional workers and should be capable of reading commands and communicating effectively.

A number of the maximum critical tough competencies a technician can own consist of diagnosing troubles, performing preventative upkeep, working with hand gear, and compliance with protection processes. when it comes to smooth competencies, technicians must have sturdy customer support and verbal exchange skills.

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Why very few subsistence economies exist today

Answers

Answer:

As previously mentioned,

subsistence markets are

extremely vulnerable to

external influences.

Because of this

vulnerability, these economies are

becoming more scarce around the

world. In the past, for example, large

populations of indigenous peoples lived

throughout North America.

Weiss’s paint store uses a (q, r) inventory system to control its stock levels. for a particularly popular white latex paint, historical data show that the distribution of monthly demand is approximately normal, with mean 28 and standard deviation 8. replenishment lead time for this paint is about 14 weeks. each can of paint costs the store $6. although excess demands are back-ordered, the store owner estimates that unfilled demands cost about $10 each in bookkeeping and loss-of-goodwill costs. fixed costs of replenishment are $15 per order, and holding costs are based on a 30 percent annual rate of interest.
a. what are the optimal lot sizes and reorder points for this brand of paint?
b. what is the optimal safety stock for this paint?

Answers

The optimal sizes of the brand of paint given a  mean of 28 and standard deviation of 8 is 81. The reorder point of the paint is 124 while the optimal safety stock is 26.

How to solve for the optimal size

mean = 28

sd = 8

Replenishment = 14 weeks

convert to months = 3.5 months

paint = $6

mean = 28 x 3.5

= 98

Find the standard deviation

= 8 x sqr(3.5)

= 14.966 = 15

Mean rate of demand

12 x 28 = 336

cost of holding = 30% x 6 = 1.8

unfilled demand = $10

EOQ = 2x 336 x 15 /1.8

= 5600

\(\sqrt{5600} = 75\)

R0 = \(\frac{75*1.8}{10*336} = 0.04\)

From the z table, 0.04 = 1.75

15x1.75x98 = 124.35

σLz = 0.242

Q1 = \(\sqrt{\frac{2*336}{1.8}(15+10)(0.2426) }\)

= 81

81x1.8/10x336

= 0.043

How to solve for the reorder point

If R1 = 0.043  z value would be 1.75

15 x 1.75 + 98

= 124.3

R0 = R1

Q,R = (81, 124)

the optimal lot sizes  = 81.

reorder points = 124

How to solve for the optimal safety stock

R - mean

124 - 98

= 26

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Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.

Answers

25 tickets

($14)(25)=$350
($25)(11)=$275
$350+$275= $625

When the price of oranges increases, Jack buys more apples and fewer oranges. The decrease in the quantity demanded for oranges and the increase in the quantity demanded for apples is an example of the

Answers

The decrease in the quantity demanded for oranges and the increase in the quantity demanded for apples is an example of the substitution effect.

What is the substitution effect?

The substitution effect illustrates how a change in the price of a good affects the quantity demanded of the good and the demand of substitute goods.

When the price of oranges increases, it becomes more expensive relative to apples. As a result, consumers buy more apples and less oranges. This leads to a movement up along the demand curve for oranges.

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The assembly line enabled the Ford Motor company to increase its _________ dramatically, which resulted in lower automobile prices and increased sales

Answers

The assembly line enabled the Ford Motor company to increase its productivity dramatically, which resulted in lower automobile prices and increased sales.

What is an assembly line?

An assembly line is a manufacturing system in which a product is manufactured in a series of steps along a conveyor belt or other mechanical means, with each step being performed by a single worker. The aim of this is to maximize efficiency and reduce costs. The assembly line was pioneered by Henry Ford in the early 20th century, and it revolutionized the automobile industry by enabling mass production at a previously unheard-of rate.

Henry Ford implemented the assembly line in his automobile factories in 1913. This helped him manufacture automobiles at a faster rate and in a more cost-effective manner. The assembly line was set up in such a way that workers were assigned to one task and had to repeat that task over and over again. The assembly line was not only efficient but also very effective. The cars that were produced by the assembly line were all identical and of very high quality. The assembly line allowed Ford to reduce the amount of time it took to manufacture a car from 12 hours to just 1.5 hours. This was an incredible feat and revolutionized the automobile industry.

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Dr. Peabody paid $213 for repairs to his dental equipment. Which of the following statements is true?
A. Cash is debited $213; repairs and maintenance expense is credited $213.
B. Cash is credited $213; repairs and maintenance expense is credited $213.
C. Cash is debited $213; repairs and maintenance expense is debited $213.
D. Cash is credited $213; repairs and maintenance expense is debited $213.

Answers

Answer:

D. Cash is credited $213; repairs and maintenance expense is debited $213.

Explanation:

In double-entry accounting, transactions that reduce assets such as cash are credited while those that increase assets are debited.

By paying for repairs services, the amount of cash at hand reduces by $213. Because cash is an asset, the cash account will be credited( reduced)  by $213.

Repairs and maintenance expense account is an expense account as the name suggest. As a rule, transactions that increase expenses are debited. In this case, Mr. Peabody will debit( increase) the repairs and maintenance account by $213.

Which career is best described by someone who buys materials, products, and services for an organization?
O Wholesale Buyer
O Marking Clerk
O Purchasing Agent
O Stock Clerk

Answers

Answer:

Purchasing Agent

Explanation:

Purchasing agents work in the procuring department under the purchasing manager. Their role is to procure supplies, equipment, and services for a company. Purchasing agents ensure the business operations do not stop due to lack of supplies.

Ideally, purchasing agents should be good negotiators. They have to balance cost and quality when purchasing. The objective is to buy the best quality of goods or services for the lowest price and adequate quantities.

Answer:

C. Purchasing Agent

Explanation:

They buy supplies needed for there organization or business.

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Help please find the ball height of 320 feet when t = ??? _ provides alternative child care for children so parents can attend to their own needs, go to work, and practice newly learned skills NEED HELP ASAP. WILL MARK BRAINLIEST IF CORRECT! 20 POINTS!!What are 2 categories of cell cycle regulatory genes, and what are their functions? What is one reason the dictionary is important? 3. How did the Brown vs Board of Education Case influence the Civil Rightsmovement? Choose one of the answers below and then explain your answer.A. By discouraging activists from relying on the judicial systemB. By guaranteeing minority students college scholarshipsC. By providing a judicial reason for eliminating segregation in other areas of thecountryD. By eliminating social barriers in hiring practices in large corporations a(n) to an information resource is any danger to which a system may be exposed.group of answer choicesvulnerabilitythreatexposurerisk How would write (-5)^7)^3 as a single power of -5 what are the properties of a match before it's light on fire PLZ HELP DONT RANDOM I WILL REPORTExplain 3 ways in which the study of history has changed over time. Be sure to include areas that that we still need to improve upon. * A book sits on a table, without moving, for two months.In those two months: a net force acted on the book only gravity acted on the book no net forces acted on the book no forces acted on the book you know the payment amount for a loan, and you want to know how much was borrowed. do you compute a present value or a future value? 1. A lighthouse is located on an island 6 miles from the closest point on a straight shoreline. If the lighthouse light rotates clockwise at a constant rate of 9 revolutions per minute, how fast does the beam of light move towards the point on the shore closest to the island when it is 3 miles from that point?At the moment the beam of light is 3 miles from the point on the shore closest to the island, the beam is moving towards the point at a rate of at a rate of _______mi/min2. You stand 25 ft from a bottle rocket on the ground and watch it as it takes off vertically into the air at a rate of 15 ft/sec. Find the rate at which the angle of elevation from the point on the ground at your feet and the rocket changes when the rocket is 25 ft in the airAt the moment the rocket is 25 ft in the air, the angle of elevation is changing at a rate of _________ rad/sec 3. You and a friend are riding your bikes to a restaurant that you think is east, your friend thinks the restaurant is north. You both leave from the same point, with you riding 17 mph east and your friend riding 11 mph north. After you have travelled 6 mi, at what rate is the distance between you and your friend changing? After you have travelled 6 mi, the distance between you and your friend is changing at a rate of _________ mphNote: Enter an approximate answer using decimals accurate to 4 decimal places. What is true about thematic statements? *a)It is the same as a subject.O b)It is the idea the author wishes to convey about a subject.O c)It is the same as the moral of the story.O d)There is only one theme per story. Marvin is moving furniture in his house , including the 52.8 kg dresser. he is applying a force of 90 N to the left to overcome 24 N of friction to accelerate the dresser.1. What is the horizontal acceleration of the dresser?(value only, round to two decimal places, no units, or direction. example: 97.50) X5 -3x3 -x2 +2x +2 x2 -2 Which best completes the sentence:Despite his being somewhat short tempered,his willingness to give of his wealth to help others to succeed led people to call him(dash) A.hasty B.foolish C.benevolent D.old fashioned Solve for x . Pls help!!! Ill give brainliest! :) Help ASAP plsssssssssssssssssssssss In a flower garden, there are 6 tulips for every 7 daisies. If there are 48 tulips, how many daisies are there? Perimeter of square with side length 2.5cm