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

Author Question: In 2012, the nominal wage rate for unionized carpenters was 37.50 and the CPI was 204. Calculate the ... (Read 52 times)

bobbysung

  • Hero Member
  • *****
  • Posts: 519
on: Jun 29, 2018
In 2012, the nominal wage rate for unionized carpenters was 37.50 and the CPI was 204. Calculate the real wage rate for this group of workers.
 
  A) 5.44 B) 18.38 C) 47.09 D) 1.84 E) 37.50

Question 2

Which of the following is NOT part of the business cycle?
 
  A) recession B) expansion C) peak D) trough E) inflation


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yifu223

  • Sr. Member
  • ****
  • Posts: 302
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

E


bobbysung

  • Member
  • Posts: 519
Reply 2 on: Jun 29, 2018
Gracias!

JCABRERA33

  • Member
  • Posts: 344
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

How to calculate regular payments or deposits using the annuity formula (Question 2) How to calculate regular payments or deposits using the annuity formula (Question 2)
How to calculate compound interest (Part 2) How to calculate compound interest (Part 2)
Effect of Increasing the Investment Rate on the Steady State Effect of Increasing the Investment Rate on the Steady State
Saving Rate by Decile of Income per Capita Saving Rate by Decile of Income per Capita
Calculating Growth Rate of Bacteria Calculating Growth Rate of Bacteria
How to calculate the gain and loss gene numbers with low bootstrap of phylogenetic tree? How to calculate the gain and loss gene numbers with low bootstrap of phylogenetic tree?
Video: Membrane Protein and Facilitated Transport (Passive Vs Active)

For a complete list of videos, visit our video library