This topic contains a solution. Click here to go to the answer

Author Question: Which of these is the best measure of the average standard of living in an economy? a. The ... (Read 64 times)

Evvie72

  • Hero Member
  • *****
  • Posts: 519
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
Answer to Question 1

e

Answer to Question 2

c




Evvie72

  • Member
  • Posts: 519
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


nathang24

  • Member
  • Posts: 314
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

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?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

For a complete list of videos, visit our video library