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Briefly explain the adjustable peg system.
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- http://www.bls.gov/data/inflation_calculator.htm (Just in case if needed) Private institutions, on average, laid out dollar 19, 520 per student for instruction [in 2007], a 22 percent increase from a decade earlier, the Delta Project on Postsecondary Education Costs, Productivity, and Accountability, a Washington-based nonprofit research group said Friday. Public universities spent dollar 9, 732 for each student, up 10 percent in the decade, according to the report. How much did private colleges spent per student in 1997? When adjusted for inflation, what was the actual percent change in the amount spent per student by private colleges from 1997 to 2007? (You may use any method; it may help to treat the increase in expenditures as "a raise" and use the same approach we used in class to find the "real raise, " or "pay cut, " if applicable) How much did public colleges spent per student in 1997? When adjusted for inflation, what was the actual percent change in the amount spent per…Describe the term labourBriefly describe what economists do and their typical working conditions.
- In 1954, Canadian Prime Minister Louis Stephen St. Laurent was paid a salary of $15 000. Stephen Harper, the Prime Minister in 2012, was paid $157 731. The price index for 1954 is 14.1 and the price index for 2012 is 121.7. What is, approximately, Prime Minister St. Laurent's salary equivalent in 2012 dollars? Help me.Why should a business owner be concern with the inflation rate in the Dairy products industry, and how might it have an impact on the Dairy products industry?Stuck on determining the figure
- The following graph shows the relationship between a worker’s years of education and the salary he or she is likely to earn. What is wrong with this graph? It doesn’t label the variables on the two axes. It gives no information about the units for the variables. It uses different scales on the two axes. It has no data.Mark is currently earning $44,000 a year. He has worked for this firm for 5 years. He is considering a job that will increase his lifetime earnings by $240,000 but that requires a Ph.D. in finance. The job will mean also attending a full-time finance program for four years at an annual cost of $28,500. Mark already completed an MBA, for which he spent $86,000 in tuition and books. Would he take the job and attend the Ph.D. program? Calculate: Insutructions: Use ono decimals. Use commas (30,000, not 30000). Opportunity costs of this decision = $ MC = $ MB = $ Sunk Costs = $1. Julie needs to hire a plumber. She is told that the cost of hiring the plumber, C, is determined by the amount of time spent on the job, t, in hours. The plumber charges a one-time fee of $30 and an hourly rate of $40. How many hours did the plumber work if Julie paid him $190? Find the value for C (total cost) when time, t =0. Write a sentence describing its meaning.
- i will 10 upvotesDefine a corner solution in the labour market and discuss fully with aid of well labelled graphs how the corner solution arises and how it will help in understanding the decision by individuals whether to work or not work. Only i want a graph with their explanation..give in 15 min fast ..What is the short run