These are examples of <u>work-related</u> characteristics
The person's new salary based on the new CPI of 112 should be $30,545.
<h3>What is the consumer price index (CPI)?</h3>
The Consumer Price Index (CPI) is an aggregate measure of the average price changes over time for a market basket of consumer goods and services. The index is used by businesses, governments, and individuals to gauge the inflation trend in the economy.
Data and Calculations:
Old CPI = 110
New CPI = 112
Old salary = $30,000
New salary = $30,545 ($30,000/110 x 112)
Thus, the person's new salary based on the new CPI of 112 should be $30,545.
Learn more about the consumer price index (CPI) at brainly.com/question/24888747
A. Lowering the interest on reserve rate.
Expansionary monetary policy increases money supply by lowering interest rates
Answer:
Cheryl's net worth is;
c). $5,000
Explanation:
The net worth is the value of an individual taking into account all the individual's assets and liabilities. It is a holistic view on the value of an individual. It is also used to estimate the value of a company, corporation and even countries. It is one of the standard measures used to gauge an entity's wealth. The net worth can be calculated by taking the difference between assets and liabilities. An asset is anything of economic value that is owned by an entity while a liability is anything of economic value that is owed.
The following formula can be used to estimate Cheryl's net worth;
N=A-L
where;
N=net worth
A=assets
L=liabilities
In our case;
N=unknown to be determine
A=Automobile+checking account
Automobile=$10,000 and checking account=$5,000
A=10,000+5,000=$15,000
L=student loan+car loan
student loan=$2,000
car loan=$8,000
L=2,000+8,000=$10,000
replacing;
N=15,000-10,000=$5,000
Cheryl's net worth=$5,000
Answer:
<u>Omaha would produce a higher Income.</u>
Explanation:
170 Sales revenue per unit
Omaha
170 - 20 = 150
9,400 x 150 = 1,410,000
fixed cost (900,000)
<em>Income 510,000</em>
Kansas City
170 - 35 = 135
10,000 x 135 = 1,350,000
fixed cost (1,000,000)
<em>Income 350,000</em>
