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 22 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!

nathang24

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

The role of leptin in regulating appetite and metabolic rate. The role of leptin in regulating appetite and metabolic rate.
Spring force, crankcase pressure, and intake manifold vacuum work together to regulate the flow rate ... Spring force, crankcase pressure, and intake manifold vacuum work together to regulate the flow rate ...
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
Percentage of Americans Living in Communities with a Fluoridated Water Supply, by State. 2012 Percentage of Americans Living in Communities with a Fluoridated Water Supply, by State. 2012
Relationship between Income Inequality and the Desired Tax Rate Relationship between Income Inequality and the Desired Tax Rate
Calculate the velocity of the red rock after collision Angle measured counterclockwise from the ... Calculate the velocity of the red rock after collision Angle measured counterclockwise from the ...
Video: Fetal development - Weeks 9 to 38

For a complete list of videos, visit our video library