« previous next »

Author Question: If your real income in base year prices is 50,000, then if the CPI is 170, what is your nominal ... (Read 160 times)

jwb375

  • Hero Member
  • *****
  • Posts: 540
on: Jun 29, 2018
If your real income in base year prices is 50,000, then if the CPI is 170, what is your nominal income?
 
  A) 85,000.00 B) 29,411.76 C) 70,000.00 D) 50,000.00 E) 71,428.57

Question 2

Frictional unemployment is the result of
 
  A) the economy entering a strong expansion.
  B) normal labor market turnover.
  C) a slowdown in the rate of economic expansion.
  D) changes in the weather.
  E) technological change or foreign competition.


anoriega3

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Oil supply and prices affect the economies of nations Oil supply and prices affect the economies of nations
Variable and absorption costing, explaining operating-income differences. Variable and absorption costing, explaining operating-income differences.
Please advise 'How To' on Real Estate Math problem (Answer Provided)? Please advise 'How To' on Real Estate Math problem (Answer Provided)?
Let f be a real function with domain R. Suppose that for each ǫ > 0, there is a continuous ... Let f be a real function with domain R. Suppose that for each ǫ > 0, there is a continuous ...
Standard base-pairing relationships Standard base-pairing relationships
Mishu wants to invest an inheritance of $20,000 for one year. His credit union offers 8.85% for ... Mishu wants to invest an inheritance of $20,000 for one year. His credit union offers 8.85% for ...
Video: Erythropoietin (EPO)

For a complete list of videos, visit our video library