This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of these is the best measure of the average standard of living in an economy? a. The ... (Read 43 times)

Evvie72

  • Hero Member
  • *****
  • Posts: 519
on: Jun 30, 2018
Which of these is the best measure of the average standard of living in an economy?
 a. The unemployment rate
  b. Nominal income
 c. Real GDP
 d. National debt
 e. Real GDP per capita

Question 2

Tucker Corporation sells its product for 5.00 . Tucker's industrial engineers have informed management that hiring one additional worker will increase output by five units per hour. Tucker should hire the additional worker only if the wage rate is:
 a. 5.00 or less per hour.
  b. 1.00 or more per hour.
  c. 25.00 or less per hour.
  d. none of these.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

xthemafja

  • Sr. Member
  • ****
  • Posts: 348
Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

c


Evvie72

  • Member
  • Posts: 519
Reply 2 on: Jun 30, 2018
Excellent

jamesnevil303

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

(a) Mean duration (days) and (b) average maximum depth (mm) of snow cover throughout northern latitu (a) Mean duration (days) and (b) average maximum depth (mm) of snow cover throughout northern latitu
Diverse living organisms share common chemical features Diverse living organisms share common chemical features
Pierolapithecus catalunicus may be an ancestor of great apes and humans. Its postcranial skeleton sh Pierolapithecus catalunicus may be an ancestor of great apes and humans. Its postcranial skeleton sh
Living will. Living will.
Sample Items from the Brief Multidimensional Measure of Religiousness/Spirituality (BMMRS) Sample Items from the Brief Multidimensional Measure of Religiousness/Spirituality (BMMRS)
How to manually find the mean, variance, and standard deviation for a set of numbers How to manually find the mean, variance, and standard deviation for a set of numbers
Video: Premenstrual Syndrome

For a complete list of videos, visit our video library