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 91 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
Great answer, keep it coming :)

Dinolord

  • Member
  • Posts: 313
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Temperature Changes on Heart Rate Temperature Changes on Heart Rate
How to calculate credit card interest when the interest is compounded How to calculate credit card interest when the interest is compounded
Population growth and growth rate, 1950 - 2100 Population growth and growth rate, 1950 - 2100
Calculate the pH of a solution formed by mixing 120.0 mL of 0.30 M HClO with 1180.0 mL of 0.20 ... Calculate the pH of a solution formed by mixing 120.0 mL of 0.30 M HClO with 1180.0 mL of 0.20 ...
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?
A typical lightning bolt may last for 0.167 s and transfer 1.07 x 10 electrons. Calculate the ... A typical lightning bolt may last for 0.167 s and transfer 1.07 x 10 electrons. Calculate the ...
Video: Introduction to Tuberculosis

For a complete list of videos, visit our video library