The real wage is $16.
Given nominal wage of $40 and price level of 2.5.
Real wage is to be computed.
The real wage, also known as the adjusted wages, is the amount of income that a person may anticipate to get after adjusting for the current inflation rate. For instance, if the person's nominal income is $14.00, then their real wage may be higher or lower based on the current rate of the inflation.
Real wages are established by the inflation rate and take into account the buying power of the compensation amount. Nominal salaries are not adjusted for inflation and are purely determined by existing government rules.
The formula to compute the real wage is :
Real wage= (Nominal wage/ Price level)
=($40/2.5)
=$16
Therefore, the real wage rate is b. $16.
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Employees and the public are frustrated by high levels of executive compensation because:_______
The answer is that senior executives frequently receive bonuses whether or not the business is profitable. Employees compensation is a statistical word that is frequently used in business accounts as well as national accounts and balance of payments data. Essentially,
It refers to the total gross (pre-tax) salaries that employers pay to workers for services rendered over a given accounting period, such as a quarter or a year. The Hourly, Salaried, Commission, and Bonuses are Four Major
Types of Direct Compensation. Most consumers want to hear about direct compensation, especially base pay and variable pay, when they inquire about compensation.
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When i'magoldminer chooses what quantity of gold each of it/s mines will produce over the next 12 months, this quantity, along with the prices prevailing in the market for output and inputs, will?
If i'magoldminer chooses what quantity of gold each of it/s mines will produce over the next 12 months, this quantity, along with the prices prevailing in the market for output and inputs, will determine the company's total revenue, total costs, and its profits.
What is total revenue?Total revenue can be defined as the total amount of income generated by a company or an organization at a particular period of time while on the other hand total costs can be defined as the total expenses a company incurred.
Hence, if a company chooses the quantity of gold each of its mines will produce, this quantity produced , along with the prices in the market for output and in2wqputs, will determine the company's total revenue, total costs, and its profits.
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As an oligopoly firm produces at a higher output, economies of scale allow the costs per unit (atc) to _____________ significantly.
As an Oligopoly firm produces at a higher output, economies of scale allow the costs per unit (ATC) to decline significantly.
When firms in an oligopoly market individually chooses production in order to maximize profit, a quantity of output is produced by them which is higher than the level produced by monopoly and lesser than the level produced by competition.
The existence of economies of scale in certain industries can lead to oligopolistic market structures in those industries. This oligopoly market structure refers to a market form in which there are only a few sellers and they sell similar products.
The Oligopoly firm produces at a higher output, and so the costs per unit here decline significantly. Oligopoly firms are also able to take advantage of economies of scale that reduce production costs and prices.
Thus, when the oligopoly firm produces at a higher output, economies of scale allow the costs per unit (ATC) to decline significantly.
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Gross earnings for the pay period are $100,000. Required payroll deductions are: Social Security $6,700; Medicare $1,450; Federal Income tax $18,000 and State income tax $3,850. What is the net pay to employees
The net pay to employees is $70,000.
What is the net pay?The net pay to employees is the difference between the gross earnings and the total deductions.
Data and Calculations:Gross earnings = $100,000
Deductions:
Social Security $6,700
Medicare $1,450
Federal Income tax $18,000
State income tax $3,850
Total deductions 30,000
Net pay = $70,000
Thus, the net pay to employees is $70,000.
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Dima called her friend to tell her that she saved 30% on her new skirt at a discount store. Her friend told her that she could have gotten a better deal at a different store that was advertising a sale of One-third off all clothing. If the original price of Dima’s skirt was $54, how much more could she have saved at the store her friend suggested?
A. $1.11
B. $1.80
C. $36.00
D. $37.80
If the original price of Dima’s skirt was $54, the amount that she have saved at the store was option(b)i.e, $1.80.
Let's just take the sales price of the skirt Dima purchased from the discount shop as the rate of the other retailer is not provided.
Original price: $54
Discount rate: 30%
$54 x 30% = $16.20 value of the discount
$54 - 16.20 = $37.80 discounted price.
Since Dima's friend told her she could have had a better deal at a different store, this means that the discount rate is higher than 30%. i.e, the discount is 33.33%
$54 x 33.33% = $17.99 value of the discount
$54 - 17.99 = $36.00 discounted price.
Discount store: $37.80
Different store: $36.00
The different store sales price is cheaper by $1.80
Therefore, she could have saved $1.80 at the store her friend suggested.
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If a contruction company in dallas builds a bridge in houston, the project would be classified as:________
If a construction company in Dallas builds a bridge in Houston, the project would be classified as Domestic.
This is further explained below.
What is a Domestic Project?Generally, Domestic projects include the building of a bridge between Dallas and Houston by a Dallas-based construction firm.
In conclusion, Any project that is situated inside the 48 states that make up the continental United States of America, as well as within the District of Columbia, is referred to as a domestic project.
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Complete Question
If a construction company in Dallas builds a bridge in Houston, the project would be classified as
A. Global.
B. Overseas.
C. Local.
D. Domestic.
You were recently hired as the head of the PMO of a company which is transitioning into a projectized organizational structure to implement projects u
To outline the control process, you listed three broad elements the first element would be a. set project baseline
Three basic elements of the management process in an organization include standard settings, performance measurements, and performance comparisons with standards.
Industrial process control in continuous manufacturing processes is the field that uses industrial control systems to achieve production levels of consistency, economy, and safety that were not achievable with purely human manual control.
This question is incomplete. Please read below for the complete question
You were recently hired as the head of the PMO of a company which is transitioning into a projectized organizational structure to implement projects using the waterfall approach. You would like to develop a project control process for measuring and evaluating project performance.
To outline the control process, you listed three broad elements. Which of the following is the first element?
a. Set project baselines
b. Measure project performance
c. Compare planned performance to actual results
d. Set a reward system
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An asset's ______ is the ease with which it can be converted quickly into the most widely accepted and easily spent form of money, cash, with little or no loss of purchasing power.
An asset's liquidity is the ease with which it can be converted quickly into the most widely accepted and easily spent form of money, cash, with little or no loss of purchasing power.
What is Asset Liquidity?When a financial asset is bought or sold, its liquidity relates to how quickly it may be transformed into cash. The ability to move cash quickly and readily without affecting its market value makes it the asset with the highest liquidity.An asset is considered to be liquid if it can quickly and easily be turned into cash. Cash, instruments from the money market, and marketable securities are examples of liquid assets. Keeping track of the liquid assets that make up a component of one's net worth can be a worry for both individuals and organizations. A company's liquid assets are recorded as current assets on its balance sheet for financial accounting reasons.To learn more about the Asset's Liquidity refer to:
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The answer is liquidity of the asset.
When an asset is purchased or sold, its liquidity relates to how readily it may be changed to cash. Cash is the most liquid asset since it can be traded fast and readily without affecting its market value.
Liquidity is defined as having enough cash on hand to satisfy financial obligations. Cash or the property that can be easily converted to cash without suffering a significant loss in value are examples of liquid assets. Higher the liquidity better it is .
Therefore, the answer is asset's liquidity.
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White Wedding Corporation will pay a $2.65 per share dividend one year from today. The company pledges to increase its dividend by 4.75 percent per year, indefinitely. If you require a return of 11 percent on your investment, how much will you pay for the company's stock today
The amount I will pay for the company's stock today is $42.40.
How much would I pay for the company's stock?The amount I would pay for the company's stock is dependent on the value of the stock. The value of the stock can be determined using the Gordon growth model.
According to the Gordon growth model, the value of a stock is a factor of its dividend, growth rate and the rate of return.
Value of a stock = next year dividend / (rate of return - growth rate)
$2.65 / (11 - 4.75%)
$2.65 / 6.25%
$2.65 / 0.0625 = $42.40
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Changes in taxes and spending that happen without actions by the government are called.
Changes in taxes and spending that happen without actions by the government are called automatic stabilizers.
How Do Automatic Stabilizers Work?
Automatic stabilizers are a sort of fiscal policy intended to counteract changes in a country's economic activity through the course of their regular operation without additional, timely approval by the government or policymakers.
The most well-known automatic stabilizers include gradually graduated corporate and individual income taxes, as well as transfer programs like welfare and unemployment insurance. Because they act to smooth economic cycles and are automatically initiated without further government intervention, automatic stabilizers are so named.
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Which type of diversification is most likely to create value through financial economies?
Unrelated diversification is that type of diversification which creates value through financial economies.
Unrelated diversification is the process where the diversification is done by entering into new industry.
It includes efficient internal capital allocation.
It also includes the business restructuring and entering into the business where high ROI is provided.
Unrelated diversification includes the obtaining of a bargaining price for the business.
For achieving the financial economies there must be the unity between different components of industry.
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Question 1 A business wants to evaluate their campaign, and specifically wants to look at how much net profit after investments they made versus how much they spent on advertising. This measurement would be:
A business wants to evaluate their campaign, and specifically wants to look at how much net profit after investments they made versus how much they spent on advertising. This measurement would be: ROI.
What is ROI?This is the term that is used to refer to the return on investment. The return on investment is the interest or the value that is gotten when a person invests.
When they look back at the amount they have made from the business after the expenses they spent, this would be the ROI.
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Analyze, using a production possibility curve (PPC) diagram, the possible effects of faster internet speeds for economic growth.
Faster internet speeds can accelerate economic growth by increasing the slope of the production possibility curve.
What is a production possibility curve?A production possibility curve is a graphical representation of the productivity of a given organization/country based on information about advantageous inputs.
A faster internet speed can increase productivity by increasing the chances of customer satisfaction and also boosting collaborative efforts.
In conclusion, faster internet speeds can accelerate economic growth by increasing the slope of the production possibility curve.
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Assume that you are interested in earning some return on idle balances you usually keep in your checking account and decide to buy some money market mutual fund shares by writing a check. Everything else theâ same, M1 will â¼ stay the same decrease increase and M2 will
M1 will decrease, M2 will stay the same, after deciding to buy some money market mutual fund shares.
What are mutual funds?A corporation that pools money from several people and invests it in securities like stocks, bonds, and short-term debt is known as a mutual fund. The portfolio of a mutual fund refers to all of its holdings. Mutual fund shares are purchased by investors. Each share reflects a shareholder's ownership interest in the fund and the revenue it produces. Money market funds, bond funds, stock funds, and target date funds are the four primary categories into which most mutual funds fit.Money market funds are comparatively risk-free. They are only permitted by law to invest in a select group of high-quality, short-term securities issued by American businesses and national, state, and municipal governments.
Therefore, M1 will decrease, M2 will stay the same.
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The ability to muster additional crews when all ambulances are on call or when a system’s resources are taxed by a multiple-casualty incident is:________
The ability to muster additional crews when all ambulances are on call or when a system’s resources are taxed by a multiple-casualty incident is reserve capacity.
The National Highway Traffic Safety Administration (NHTSA) Office of Emergency Medical Services has established the NEMSIS dataset as a public service, a collection of EMS-related data voluntarily reported by participating EMS agencies and states.
Ideal deployment decisions to consider include past community responses and projected demographic changes. In communities that do not have multiple strategically placed stations, ambulances are often used to wait for calls at specific high-traffic locations.
Most car accidents involving ambulances occur in dry weather during the day. Most car accidents involving ambulances occur in dry weather during the day.
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All of the following are true about General Data Protection Regulation (GDPR) except: a.GDPR does not cover EU employees b.GDPR is a set of data privacy requirements that apply across the European Union c.GDPR covers organizations that market to or process information of EU end users d.GDPR covers organizations that market to or process information of EU customers
All of the following are true about General Data Protection Regulation (GDPR) except: b.GDPR does not cover EU employees
What is General Data Protection Regulation?General Data Protection Regulation is a regulation which laydown rules and regulations a person or an individual who want personal data or information from a person who based in European Union must follow.
Hence, the following are true about General Data Protection Regulation:
GDPR does not cover EU employeesGDPR covers organizations that market to or process information of EU end users GDPR covers organizations that market to or process information of EU customersLearn more about General Data Protection Regulation here:https://brainly.com/question/27416494
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Jeanne wants to purchase a life insurance policy with guaranteed premiums. What kind of policy would she want to purchase
If Jeanne wants to purchase a life insurance policy with guaranteed premiums, the kind of policy she would purchase is b. Nonparticipating policy.
What is a nonparticipating policy?A non-participating policy is an insurance policy in which the policyholder does not receive dividends from the life insurance plan if the insurance company achieves a surplus or profit in a period.
Another attribute of a nonparticipating policy is that premiums are less than other policies and remain fixed from period to period.
Thus, if Jeanne wants to purchase a life insurance policy with guaranteed premiums, the kind of policy she would purchase is b. Nonparticipating policy.
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Question Completion with Answer Options:a. Dividend policy
b. Nonparticipating policy
c. Mutual policy
d. Participating policy
e. Stock policy
The fixed asset turnover ratio is computed as __________ divided by __________.
a. sales; average book value of fixed assets.
b. net income; average book value of fixed assets.
c. sales; book value of fixed assets.
d. average book value of fixed assets; sales.
The correct option is (a) sales; average book value of fixed assets.
The fixed asset turnover ratio is computed as sales divided by average book value of fixed assets.
The fixed asset turnover ratio demonstrates the effectiveness of a company's current fixed assets in driving sales. A greater ratio suggests that management is making better use of its fixed assets. No information can be gleaned from a high FAT ratio about a company's capacity to produce reliable earnings or cash flows.
The ratio of sales to the value of fixed assets is known as fixed-asset turnover. It shows how effectively the company is generating sales by utilizing its fixed assets.
A greater ratio is typically preferred since it suggests that the business is effective at producing sales or revenues from its asset base. A lower ratio suggests that a business is not utilizing its resources effectively and may be experiencing internal issues.
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Which Agile principle is being practiced if a team chooses to focus on the highest priority product backlog items?
Agile model principle is being practiced if a team chooses to focus on the highest priority product backlog items.
What is Agile model?Agile model serves as one that is a systematic method that can be used to make any project even in the absence of concrete requirements .
In this case, Agile model principle is being practiced if a team chooses to focus on the highest priority product backlog items.
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The economic condition that results from a continual rise in prices, or what some people call "too much money chasing too few goods" is
The economic condition that results from a continual rise in prices is inflation.
What is an inflation?Inflation is a when there is a general increase in the price levels of goods and services. During an inflation, the value of money would erode quickly. Inflation can be caused when the demand for goods exceeds it supply or when there is an increase in the cost of production.
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Tableau is used to create dynamic and interactive visualizations. Dynamic visualizations can change over time. What does it mean for a visualization to be interactive?
Visualization to be interactive mean that the audience can control what data they see. The graphic display of information and data is known as data visualization. A good visualization highlights the important information while minimizing the noise in the data.
Data visualization tools make it simple to identify and analyze the trends, outliers, and the patterns in data by utilizing visual elements such as charts, graphs, and maps. Another sort of visual art that captures our attention and keeps it fixed on the message is data visualization. Audience can immediately see trends and outliers when we look at a chart.
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A private closed economy includes:
A private closed economy includes households, businesses but not government or international trade.
What is a private closed economy?A private closed economy is an economy that is driven by consumer spending and business investment. There is no contribution from the government. Also a private closed economy is closed off from the import or the export of goods and services.
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On August 1, Kim Company accepted a 90-day note receivable as payment for services provided to Hsu Company. The terms of the note were $20,000 face value and 6% interest. On October 30, the journal entry to record the collection of the note should include a
journal entry to record the collection of the note would be:
debit to Notes Receivable for $20,000
credit to Notes Receivable for $20,300
debit to Interest Receivable for $300
*credit to Interest Revenue for $300
More about journal entry:
A journal entry is a record of a business transaction in an organization's accounting system. Journal entries are the foundation of the double-entry accounting method, which has been used to keep financial records for centuries. They allow a company to track what its resources have been used for and where those resources came from.
More about Notes Receivable:
Amounts owed by customers for which a formal credit agreement has been written and signed Typically used when payment is not expected for more than 60 days. A formal credit account requiring interest is sometimes used to settle an account receivable. Depending on the term of the note, it can be a current or noncurrent asset. The borrower on a note is referred to as the "Maker." The "payee" is the party making the loan.
Interest Receivable:
It is the interest earned by the company, but not yet collected in cash.
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Economists believe that production possibilities frontiers are often bowed because?
Economists believe that production possibilities frontiers are often bowed because some resources are better suited to the production of some goods than other goods.
What is the production possibilities frontier?This is the term that is used to refer to the way that a particular country is going to go about the allocation of its scarce resources so that they may be able to produce as much outputs as they can in the economy. The frontier is one that helps to show the different combination of output that is possible.
This is usually shown on a graph. Hence we can conclude that the production possibilities frontiers are often bowed because some resources are better suited to the production of some goods than other goods.
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Sasha's home has a current fair market value of $193,200. She has a first mortgage of $160,000 and second mortgage of $13,200. What is her current equity
If She has a first mortgage of $160,000. Her current equity is $20,000.
Current Equity
Using this formula
Current equity=Current fair market-(First mortgage+ Second mortgage)
Let plug in the formula
Current Equity=$193,200-($160,000+$13,200)
Current Equity=$193,200-$173,200
Current equity=$20,000
Therefore If She has a first mortgage of $160,000. Her current equity is $20,000.
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When preparing the statement of cash flow using the indirect method, Depreciation Expense is ______. Multiple choice question. subtracted net income under the financing activities section subtracted from net income under the operating activities section added back to net income under the financing activities section added back to net income under the operating activities section
When preparing the statement of cash flow using the indirect method, Depreciation Expense is Added back to net income under the operating activities.
What is the indirect method for a cash flow statement?The indirect method for a cash flow statement serves as one of the methods that helps in the presentation of data which can be used to display the expenditure of a company during a certain period .
This method takes the company's net income , then perform addition or subtraction on balance sheet items to determine cash flow.
hence, When preparing the statement of cash flow using the indirect method, Depreciation Expense is Added back to net income under the operating activities.
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You have $400,000 saved for retirement. Your account earns 6% interest. How much will you be able to pull out each month, if you want to be able to take withdrawals for 20 years
You will be able to pull out $2865.724 each month.
Interest rate is the amount of interest per period on an amount lent, deposited, or borrowed (called the principal). The total interest on the amount lent or borrowed depends on the principal amount, the interest rate, the frequency of compounding interest, and the length of the term of the loan, deposit, or borrowing.
The annual Interest Rate is the interest rate for one year. Other rates apply for other periods. B. One month or one day, but usually annualized.
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Henson Company has an investment opportunity that costs $9,936 and increases annual net cash flows by $3,000. Assuming a present value factor of 3.312127, the net present value of the investment is $
The Net Present Value of the Investment is -$1,064
SOLUTION“Net present value is the present value of the cash flows at the required rate of return of your project compared to your initial investment,” In practical terms, it's a method of calculating your return on investment, or ROI, for a project or expenditure.An investment is an asset or item acquired with the goal of generating income or appreciation. Appreciation refers to an increase in the value of an asset over time. When an individual purchases a good as an investment, the intent is not to consume the good but rather to use it in the future to create wealth.Annual Cash Inflows $3000
Present Value Factor 3.312127,
Present Value of Cash Inflows $9936
Less: Initial Investment $11,000
Net Present Value -$1,064
EXPLANATIONIn net present value method the future cash inflows rate are discounted to present net value at discount rate (PV FACTOR)The rationale for discounting is money received today is more valuable than the money to be received in future.So the present value of cash inflows is compared with initial investment if net present value is positive then the project is accepted otherwise its rejected.In this case the net present value is negative, hence the project will be rejected.
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Product warranties, effects of environmental problems, and lawsuits are examples of transactions or events that give rise to
Product warranties, effects of environmental problems, and lawsuits are examples of transactions or events that give rise to Contingency.
What is Contingency?A contingency is the potential possibility of a bad event, such as a pandemic, economic downturn, natural disaster, fraud, or terrorist attack. The coronavirus outbreak that struck businesses in 2020 made many employees reliant on remote work. Companies had to adopt a remote work strategy as a result. Working remotely wasn't an option for some organizations, though, and as a result, increased security measures for both employees and clients were put in place to stop the virus from spreading.Although contingencies can be planned for, it is often impossible to predict the kind and breadth of such unfavorable events in advance. Businesses and investors conduct analyses and put defensive measures into place to prepare for potential possibilities.
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If a country's economic data shows private savings of $400 million, government spending of $250 million, tax revenue of $400 million, and a trade surplus of $175 million, then what does investment equal
investment equal 75 million