# The following table shows a person's nominal and real wages for three years, as well as the price level (price index) for each year, using the first year as the base year. Fill in the blanks in the table, and then calculate the annual inflation rate for each year (not including the base year). Instructions: Round your answers to 2 decimal places.

Year  Nominal wage  Real wage  Price level  Inflation rate

1                  $7$5                140             Nil

2                 $9$6                150               7.14 %

3                 $12$7.5             160              6.67 %

Explanation:

Note: The table for the question is attached as picture

Price level in Year 1 = (Nominal wage in year 1/Real wage in year 1) * 100

Price level in Year 1 = ($7.00 /$5.00) * 100

Price level in Year 1 = 1.4 * 100

Price level in Year 1 = 140

Real wage in Year 2 = (Nominal wage in year 2 / Price level in year 2) * 100.

Real wage in Year 2 = ($9.00 / 150.00) * 100 Real wage in Year 2 =$6

Nominal wage in Year 3 = (Real wage in Year 3 * Price level in Year 3) / 100.

Nominal wage in Year 3 = ($7.50 * 160) / 100 Nominal wage in Year 3 =$1,200 / 100

payments of $25,500 spread out over a span of 10 years. Which would likely be more beneficial to him, and why? A. The installment package would be better because it would prevent him from spending all of his money immediately. B. The immediate payment would be better because it is more money overall. C. The immediate payment would be better because he could use the money immediately to invest it in a safe, low return account. D. The installment package would be better because he'll have more money in 10 years than with the lump sum. ### Answers After settling a legal dispute, Frank must choose The immediate payment of$250,000, because it would be better as he could use the money immediately to invest it in a safe, low-return account. Therefore, option C is the correct option.

What is investing?

Investing or investment is a financial term. It is both a tool and a source to generate wealth and income. Investment means putting the money in respect of an object, as the value of the objects differs with time so the value of the money will also differ accordingly. This fact about investment makes it both, risky and profit-making at the same time.

Thus, after a legal dispute is resolved, Frank must select the $250,000 immediate payment because it would be preferable because he could use the money right away to invest it in a secure, low-return account. As a result, choice C is the best one. Learn more about investment here: https://brainly.com/question/15105766 #SPJ2 Hannah works in a factory that makes hearing aids. She is part of a team that designs how the electrical components are put together and encased. What kind of education or experience most likely prepared Hannah to qualify for this position? A. an apprenticeship with another hearing aid maker B. a bachelor's degree in electrical engineering C. an internship at a hearing screening clinic D. a doctorate in medicine​ ### Answers I think it’s b because of electrical components Answer A Bachelor's Degree in electrical engineering. Explanation: She needs the knowledge of how to setup a hearing aid and they have electrical parts. 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What is the added value for Jacques’ blankets?

$7.50 Explanation: Added value is the increase in value arising from the production process. It is between the price of the finished good or services and the cost of inputs. For Jacques's blankets, the cost of inputs will be labor plus materials. =$7.50 + $10 =$17.50

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Which job titles both require a
car?
Pizza Delivery Person
and Cashier
IT Supervisor and
Pharmaceutical
Salesperson
AL501
Pharmaceutical
Salesperson and Pizza
Delivery Person
Web Designer and IT
Supervisor
Elf
Which job titles both require a car?

sales person and delivery person

Pharmaceutical Salesperson and Pizza Delivery Person are the two job titles that require a car or vehicle for completion of the tasks. Therefore, the option C holds true.

What is the significance of a job title?

A job title can be referred to or considered as the designation given to an employee or a worker for the job or task that he or she performs while being employed or on a contractual basis. A job title is always in direct relation with the job description and requirements of the job.

The jobs of both a salesperson, and a pizza delivery person, are such that they need a car or vehicle of any kind in order to carry out the tasks of their job in an efficient way.

Therefore, the option C holds true and states regarding the significance of a job title.

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HELP NOW PLEASE!!!! Which of the following distinguishes skilled workers in modern manufacturing from workers in Winslow Taylor’s time? (Select all that apply.)

collaboration

machine operation

teamwork

engineering skills

engineering skills

teamwork

machine operation

odyssey

Explanation:

sorry if it's not right

Which sentence indicates that Rudolph is following a market skimming pricing policy?

hope this help!