Using & Understanding Mathematics: A Quantitative Reasoning Approach with Integrated Review, Loose-Leaf Edition Plus MyLab Math with Pearson eText -- 18 Week Access Card Package
7th Edition
ISBN: 9780136698425
Author: Bennett, Jeffrey, Briggs, William
Publisher: PEARSON
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Textbook Question
Chapter 3.D, Problem 36E
Federal Minimum Wage. Use the following table, which shows the federal minimum wage over the past 70 years, to answer the following questions.
Federal Minimum Wage (for Years in Which a Change Occurred)
Actual | 1996 | Actual | 1996 | ||
Year | dollars | dollars | Year | dollars | dollars |
1938 | $0.25 | $2.78 | 1979 | $2.90 | $6.27 |
1939 | $0.30 | $3.39 | 1981 | $3.35 | $5.78 |
1945 | $0.40 | $3.49 | 1990 | $3.50 | $4.56 |
1950 | $0.75 | $4.88 | 1991 | $4.25 | $4.90 |
1956 | $1.00 | $5.77 | 1996 | $4.75 | $4.75 |
1961 | $1.25 | $6.41 | 1997 | $5.15 | $5.03 |
1967 | $1.40 | $6.58 | 2007 | $5.85 | $4.42 |
1968 | $1.60 | $7.21 | 2008 | $6.55 | $4.77 |
1974 | $2.00 | $6.37 | 2009 | $7.25 | $5.12 |
1976 | $2.30 | $6.34 | 2016 | $7.25 | $4.74 |
1978 | $2.65 | $6.38 |
There has been no change in the federal minimum wage since 2009, but 2016 is included for easy reference; 1996 dollars based on CPI-U. Source: U. S. Department of Labor.
36. According to this table, how much is $3 in 1956 dollars worth in 1996 dollars?
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Check out a sample textbook solutionStudents have asked these similar questions
Federal Minimum Wage (for Years in Which a Change Occurred)
Year
Actual dollars
1996 dollars
1938
$0.25
$2.78
1939
$0.30
$3.39
1945
$0.40
$3.49
1950
$0.75
$4.88
1956
$1.00
$5.77
1961
$1.25
$6.41
1967
$1.40
$6.58
1968
$1.60
$7.21
1974
$2.00
$6.37
1976
$2.30
$6.34
1978
$2.65
$6.38
1979
$2.90
$6.27
1981
$3.35
$5.78
1990
$3.50
$4.56
1991
$4.25
$4.90
1996
$4.75
$4.75
1997
$5.15
$5.03
2007
$5.85
$4.42
2008
$6.55
$4.77
2009
$7.25
$5.12
2016*
$7.25
$4.74
In terms of purchasing power, would you rather have earned the minimum wage in 1968 or 2009? Explain.
Use the average annual consumer price index table to convert the 1978 minimum wage from actual dollars
to 1996 dollars. Is the result consistent with the entry in the accompanying minimum wage table?
Click the icon to view the table of federal minimum wages.
The 1978 minimum wage in 1996 dollars is $.
(Round to the nearest cent as needed.)
Federal Minimum Wages
Year
1938
1939
1945
1950
1990
1956
1961
1967
1968
pe
1974
1976
1978
1979
1981
1990
1991
1996
1997
2007
2008
2009
Actual Dollars 1996 Dollars
$2.78
$3.39
$3.49
$0.25
$0.30
$0.40
$0.75
90.19
$1.00
$1.25
$1.40
91.00
$1.60
$2.00
22:00
$2.30
$2.50
$2.65
22.0
$2.90
222
$3.35
$3.50
$4.25
$4.75
$5.15
$5.85
$6.55
$7.25
$4.88
67.90
$5.77
$6.41
20.70
$6.58
$7.21
66.27
$6.37
20:37
$6.34
20:20
$6.38
20:30
$6.27
90:20
$5.78
$4.56
$4.90
$4.75
$5.03
$4.42
$4.77
$5.12
-
X
Average Annual
Consumer Price Index (CPI)
(1982-1984 = 100)
Year CPI Year CPI Year CPI
1976 56.9 1989 124.0 2001 177.1
1977 60.6 1990 130.7 2002 179.9
1978 65.2 1991 136.2 2003…
A teller's hourly wage for various years is represented in the table below.
Year
Hourly Wage
2015
$22.50
2016
$24.00
2017
$27.60
What was the hourly wage percent of change from 2016 to 2017? Be sure to state if it was a percent increase or percent decrease.
%
Chapter 3 Solutions
Using & Understanding Mathematics: A Quantitative Reasoning Approach with Integrated Review, Loose-Leaf Edition Plus MyLab Math with Pearson eText -- 18 Week Access Card Package
Ch. 3.A - The price of a meal at a four-star restaurant is...Ch. 3.A - The population of a town increases from 50,000 to...Ch. 3.A - Suppose the value of a home changed by -20% over...Ch. 3.A - Emily scored 50% higher on the SAT than Joshua....Ch. 3.A - The price of a movie ticket increased from $10 to...Ch. 3.A - Your receipt shows that you paid $47.96 for a new...Ch. 3.A - Consider this statement: “The interest rate on...Ch. 3.A - A friend has a textbook that originally cost $150....Ch. 3.A - You currently earn $1000 per month, but you are...Ch. 3.A - During high school, Elise won 30% of the swim...
Ch. 3.A - Describe the three basic uses of percentages. Give...Ch. 3.A - Distinguish between absolute and relative change....Ch. 3.A - Distinguish between absolute and relative...Ch. 3.A - Explain the difference between the key words of...Ch. 3.A - Explain the difference between the terms percent...Ch. 3.A - 6. Give an example to explain why, in general, it...Ch. 3.A - In many European countries, the percentage change...Ch. 3.A - The price of tuition has tripled since my parents...Ch. 3.A - I’ve decreased my caloric intake by 125% which has...Ch. 3.A - If you earn 20% more than I do, then I must earn...Ch. 3.A - If they raise taxes by 10% every year, in a decade...Ch. 3.A - We found that these rare cancers were 700% more...Ch. 3.A - The rate of return on our fund increased by 50%,...Ch. 3.A - My bank increased the interest rate on my savings...Ch. 3.A - Prob. 15ECh. 3.A - Prob. 16ECh. 3.A - Prob. 17ECh. 3.A - Prob. 18ECh. 3.A - Fractions, Decimals, Percentages. Express the...Ch. 3.A - Prob. 20ECh. 3.A - Prob. 21ECh. 3.A - Prob. 22ECh. 3.A - Fractions, Decimals, Percentages. Express the...Ch. 3.A - Fractions, Decimals, Percentages. Express the...Ch. 3.A - Prob. 25ECh. 3.A - Prob. 26ECh. 3.A - Fractions, Decimals, Percentages. Express the...Ch. 3.A - Prob. 28ECh. 3.A - Prob. 29ECh. 3.A - Prob. 30ECh. 3.A - Prob. 31ECh. 3.A - Prob. 32ECh. 3.A - Prob. 33ECh. 3.A - Compare the following pairs of numbers A and B in...Ch. 3.A - 31-36: Review of Ratios. Compare the following...Ch. 3.A - Review of Ratios. Compare the following pairs of...Ch. 3.A - Prob. 37ECh. 3.A - Prob. 38ECh. 3.A - Prob. 39ECh. 3.A - Percentages as Fractions in the following...Ch. 3.A - Prob. 41ECh. 3.A - Prob. 42ECh. 3.A - Salary Comparisons. Clint’s salary increased from...Ch. 3.A - 44. Population Comparison. Between the 2010 U.S....Ch. 3.A - Percentage Change. Find the absolute change and...Ch. 3.A - Percentage Change. Find the absolute change and...Ch. 3.A - Percentage Change. Find the absolute change and...Ch. 3.A - Percentage Change. Find the absolute change and...Ch. 3.A - Percentage Comparisons. Complete the following...Ch. 3.A - Percentage Comparisons. Complete the following...Ch. 3.A - Prob. 51ECh. 3.A - Percentage Comparisons. Complete the following...Ch. 3.A - Of versus More Than. Fill in the blanks in the...Ch. 3.A - Of versus More Than. Fill in the blanks in the...Ch. 3.A - Of versus More Than. Fill in the blanks in the...Ch. 3.A - Of versus More Than. Fill in the blanks in the...Ch. 3.A - 57-60: Prices and Sales. Fill in the blanks in the...Ch. 3.A - Prob. 58ECh. 3.A - Prob. 59ECh. 3.A - Prob. 60ECh. 3.A - Percentages of Percentages. Describe each of the...Ch. 3.A - 61-64: Percentages of Percentages. Describe each...Ch. 3.A - Percentages of Percentages. Describe each of the...Ch. 3.A - Percentages of Percentages. Describe each of the...Ch. 3.A - Care in Wording. Assume that 30% of city employees...Ch. 3.A - Ambiguous News. The average annual precipitation...Ch. 3.A - Solving Percentage Problems. Solve the following...Ch. 3.A - Solving Percentage Problems. Solve the following...Ch. 3.A - Solving Percentage Problems. Solve the following...Ch. 3.A - Solving Percentage Problems. Solve the following...Ch. 3.A - Shifting Reference Value. State whether the...Ch. 3.A - Prob. 72ECh. 3.A - Prob. 73ECh. 3.A - Shifting Reference Value. State whether the...Ch. 3.A - Prob. 75ECh. 3.A - Is It Possible? Determine whether the following...Ch. 3.A - Prob. 77ECh. 3.A - Prob. 78ECh. 3.A - 75-80: Is It Possible? Determine whether the...Ch. 3.A - 75-80: Is It Possible? Determine whether the...Ch. 3.A - 81. Average Percentages. Suppose you have an 80%...Ch. 3.A - Prob. 82ECh. 3.A - 83-86: Analyzing Percentage Statements. Assuming...Ch. 3.A - Prob. 84ECh. 3.A - 83-86: Analyzing Percentage Statements. Assuming...Ch. 3.A - Prob. 86ECh. 3.A - 87-90: Solving Percentage Problems. Solve the...Ch. 3.A - Prob. 88ECh. 3.A - Prob. 89ECh. 3.A - 87-90: Solving Percentage Problems. Solve the...Ch. 3.A - Percentages in the News. Answer the question that...Ch. 3.A - Percentages in the News. Answer the question that...Ch. 3.A - Percentages in the News. Answer the question that...Ch. 3.A - Prob. 94ECh. 3.A - 108. Stock Market Losses.
a. The largest...Ch. 3.A - Percentages. Find three recent news reports that...Ch. 3.A - Percentage Change. Find a recent news report that...Ch. 3.A - Prob. 98ECh. 3.B - 1. The number 300,000,000 is the same as a. 3 10 7...Ch. 3.B - Prob. 2QQCh. 3.B - Prob. 3QQCh. 3.B - 4. You are asked to estimate the total amount of...Ch. 3.B - 5. You are wondering how many dollar bills you’d...Ch. 3.B - 6. You are given some data and asked to calculate...Ch. 3.B - You are looking at a map with a scale of 1 inch =...Ch. 3.B - An NFL quarterback is offered a new contract...Ch. 3.B - You are running for mayor this year in a city with...Ch. 3.B - A lottery ticket on which the odds of winning are...Ch. 3.B - Briefly describe scientific notation. How is it...Ch. 3.B - Prob. 2ECh. 3.B - Prob. 3ECh. 3.B - Explain how we can use comparisons to put numbers...Ch. 3.B - 5. Describe three common ways of expressing the...Ch. 3.B - 6. Explain how we can use scaling to put numbers...Ch. 3.B - 7. Suppose that the Sun were the size of a...Ch. 3.B - 8. Describe several ways of putting each of the...Ch. 3.B - Prob. 9ECh. 3.B - I’ve seen about commercials on TV.Ch. 3.B - I work in an office building that is 300 feet...Ch. 3.B - In total, Americans spend about a billion dollars...Ch. 3.B - A popular local redtaurant serves 5 million...Ch. 3.B - The CEO of the company earned more money last year...Ch. 3.B - Prob. 15ECh. 3.B - Prob. 16ECh. 3.B - Review of Scientific Notation. In the following...Ch. 3.B - Review of Scientific Notation. In the following...Ch. 3.B - Prob. 19ECh. 3.B - Prob. 20ECh. 3.B - Prob. 21ECh. 3.B - Prob. 22ECh. 3.B - Prob. 23ECh. 3.B - Prob. 24ECh. 3.B - Prob. 25ECh. 3.B - 23-26: Using Scientific Notation. Rewrite the...Ch. 3.B - Prob. 27ECh. 3.B - Prob. 28ECh. 3.B - 29-32: Perspective Through Estimation. Use...Ch. 3.B - Perspective Through Estimation. Use estimation to...Ch. 3.B - Perspective Through Estimation. Use estimation to...Ch. 3.B - Prob. 32ECh. 3.B - Prob. 33ECh. 3.B - Prob. 34ECh. 3.B - Prob. 35ECh. 3.B - Order of Magnitude Estimates. Make order of...Ch. 3.B - Prob. 37ECh. 3.B - Prob. 38ECh. 3.B - Prob. 39ECh. 3.B - 41-48: Energy Comparisons. Use Table 3.1 to answer...Ch. 3.B - 41-48: Energy Comparisons. Use Table 3.1 to answer...Ch. 3.B - 41-48: Energy Comparisons. Use Table 3.1 to answer...Ch. 3.B - Prob. 43ECh. 3.B - Prob. 44ECh. 3.B - Prob. 45ECh. 3.B - Prob. 46ECh. 3.B - Prob. 47ECh. 3.B - Prob. 48ECh. 3.B - Scale Ratios. Find the scale ratios for the...Ch. 3.B - Prob. 50ECh. 3.B - Scale Model Solar System. The following table...Ch. 3.B - 54. Interstellar Travel. The fastest spaceships...Ch. 3.B - 53. Universal Timeline. According to modern...Ch. 3.B - Universal Clock. According to modern science,...Ch. 3.B - Prob. 55ECh. 3.B - Prob. 56ECh. 3.B - Prob. 57ECh. 3.B - Prob. 58ECh. 3.B - Prob. 59ECh. 3.B - Prob. 60ECh. 3.B - Making Numbers Understandable. 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Find at least two...Ch. 3.B - Prob. 81ECh. 3.C - The $5.6 trillion surplus that government...Ch. 3.C - Under the standard rules for counting significant...Ch. 3.C - Under the standard rules for counting significant...Ch. 3.C - You are trying to measure the outside temperature...Ch. 3.C - You are trying to measure the outside temperature...Ch. 3.C - A testing service makes a error that causes all...Ch. 3.C - A testing service makes an error that causes all...Ch. 3.C - A digital scale shows that you weigh 112.7 pounds,...Ch. 3.C - At a particular moment, the U.S. National Debt...Ch. 3.C - Prob. 10QQCh. 3.C - Prob. 1ECh. 3.C - Prob. 2ECh. 3.C - Prob. 3ECh. 3.C - Distinguish between accuracy and precision. Give...Ch. 3.C - Why can it be misleading to give measurements with...Ch. 3.C - Prob. 6ECh. 3.C - Next year's federal deficit will be $443.45...Ch. 3.C - In many developing nations, official estimates of...Ch. 3.C - My height is 5 feet, 6.3980 inches.Ch. 3.C - Wilma used her paces to measure the dimensions of...Ch. 3.C - More precision is useless if the measurement is...Ch. 3.C - A $2 million error is a lot of money, but it...Ch. 3.C - Prob. 13ECh. 3.C - 13-14: Review of Rounding. In the following...Ch. 3.C - 15-26: Counting Significant Digits. State the...Ch. 3.C - Prob. 16ECh. 3.C - Prob. 17ECh. 3.C - Prob. 18ECh. 3.C - Prob. 19ECh. 3.C - Prob. 20ECh. 3.C - Prob. 21ECh. 3.C - Prob. 22ECh. 3.C - Counting Significant Digits. State the number of...Ch. 3.C - 15-26: Counting Significant Digits. State the...Ch. 3.C - 15-26: Counting Significant Digits. State the...Ch. 3.C - 17-28: Counting Significant Digits. State the...Ch. 3.C - Prob. 27ECh. 3.C - Prob. 28ECh. 3.C - Prob. 29ECh. 3.C - Prob. 30ECh. 3.C - Prob. 31ECh. 3.C - Prob. 32ECh. 3.C - Prob. 33ECh. 3.C - Prob. 34ECh. 3.C - Source of Error. Describe possible source of...Ch. 3.C - 33-38: Sources of Error. Describe possible sources...Ch. 3.C - 35-42: Source of Error. Describe possible source...Ch. 3.C - Source of Error. Describe possible source of...Ch. 3.C - Tax Audit. A tax auditor reviewing a tax return...Ch. 3.C - Prob. 40ECh. 3.C - Safe Air Travel. Before taking off, a pilot is...Ch. 3.C - Cutting Lumber. A lumber yard employee cuts 30...Ch. 3.C - Prob. 43ECh. 3.C - Prob. 44ECh. 3.C - Prob. 45ECh. 3.C - Prob. 46ECh. 3.C - 43-50: Absolute and Relative Errors. Find the...Ch. 3.C - 43-50: Absolute and Relative Errors. Find the...Ch. 3.C - 43-50: Absolute and Relative Errors. Find the...Ch. 3.C - Prob. 50ECh. 3.C - Prob. 51ECh. 3.C - Accuracy and Precision. For each pair of...Ch. 3.C - Prob. 53ECh. 3.C - Accuracy and Precision. For each pair of...Ch. 3.C - Prob. 55ECh. 3.C - Prob. 56ECh. 3.C - Prob. 57ECh. 3.C - Prob. 58ECh. 3.C - 55-62: Combining Numbers. Use the appropriate...Ch. 3.C - 59-66: Combining Numbers. Use the appropriate...Ch. 3.C - 55-62: Combining Numbers. Use the appropriate...Ch. 3.C - Prob. 62ECh. 3.C - Prob. 63ECh. 3.C - Prob. 64ECh. 3.C - Prob. 65ECh. 3.C - Prob. 66ECh. 3.C - Prob. 67ECh. 3.C - Prob. 68ECh. 3.C - Prob. 69ECh. 3.C - Prob. 70ECh. 3.C - 75. Propagation of Error. Suppose you want to cut...Ch. 3.C - 72. Analyzing a Calculation. According to 2015...Ch. 3.C - 77. Random and Systematic Errors. Find a recent...Ch. 3.C - Prob. 74ECh. 3.C - Prob. 75ECh. 3.C - Prob. 76ECh. 3.C - Prob. 77ECh. 3.D - Look at the gasoline price index in Table 3.2....Ch. 3.D - Prob. 2QQCh. 3.D - Prob. 3QQCh. 3.D - Prob. 4QQCh. 3.D - Prob. 5QQCh. 3.D - 6. Suppose we created a price index for computers,...Ch. 3.D - 7. Over the past three decades, the cost of...Ch. 3.D - Suppose your salary has been rising at a greater...Ch. 3.D - Prob. 9QQCh. 3.D - Prob. 10QQCh. 3.D - Prob. 1ECh. 3.D - What is the Consumer Price Index (CPI)? How is it...Ch. 3.D - Prob. 3ECh. 3.D - Prob. 4ECh. 3.D - Prob. 5ECh. 3.D - Even though my salary has remained the same for...Ch. 3.D - Benjamin Franklin said, “A penny saved is a penny...Ch. 3.D - The prices of cars have risen steadily, but when...Ch. 3.D - 9. When we chart today’s price of milk in 1995...Ch. 3.D - 10. The Consumer Price Index is a theoretical...Ch. 3.D - 11-16: Gasoline Price Index. Use Table 3.2 to...Ch. 3.D - Prob. 12ECh. 3.D - Prob. 13ECh. 3.D - Prob. 14ECh. 3.D - Prob. 15ECh. 3.D - Prob. 16ECh. 3.D - Understanding the CPI. Use Table 3.4 to answer the...Ch. 3.D - Understanding the CPI. Use Table 3.4 to answer the...Ch. 3.D - Understanding the CPI. Use Table 3.4 to answer the...Ch. 3.D - Understanding the CPI. Use Table 3.4 to answer the...Ch. 3.D - Understanding the CPI. Use Table 3.4 to answer the...Ch. 3.D - Understanding the CPI. Use Table 3.4 to answer the...Ch. 3.D - Understanding the CPI. Use Table 3.4 to answer the...Ch. 3.D - Understanding the CPI. Use Table 3.4 to answer the...Ch. 3.D - Understanding the CPI. Use Table 3.4 to answer the...Ch. 3.D - Understanding the CPI. Use Table 3.4 to answer the...Ch. 3.D - Housing Price Index. Realtors use an index to...Ch. 3.D - Housing Price Index. Realtors use an index to...Ch. 3.D - Housing Price Index. Realtors use an index to...Ch. 3.D - Housing Price Index. Realtors use an index to...Ch. 3.D - HealthCare Spending. Total spending on health care...Ch. 3.D - Airfare. According to the U.S. Bureau of...Ch. 3.D - Private College Cost. According to the College...Ch. 3.D - Public College Cost. According to the College...Ch. 3.D - Federal Minimum Wage. Use the following table,...Ch. 3.D - Federal Minimum Wage. Use the following table,...Ch. 3.D - Federal Minimum Wage. Use the following table,...Ch. 3.D - Federal Minimum Wage. Use the following table,...Ch. 3.D - Prob. 39ECh. 3.D - Prob. 40ECh. 3.D - Prob. 41ECh. 3.D - Prob. 42ECh. 3.D - Fan Cost Index. The cost of attending a Major...Ch. 3.D - Price of Gold. The price of gold (end-of-year...Ch. 3.D - 45. Economic Freedom Index. The Heritage...Ch. 3.D - Consumer Price Index. Find a recent news report...Ch. 3.D - Prob. 47ECh. 3.D - Prob. 48ECh. 3.D - Consumer Confidence Index. Use a search engine to...Ch. 3.D - Prob. 50ECh. 3.D - Prob. 51ECh. 3.D - Prob. 52ECh. 3.D - Inflation Calculator. Use the Bureau of Labor...Ch. 3.D - Prob. 54ECh. 3.D - 51-56: Inflation Calculator. Use the Bureau of...Ch. 3.D - 51-56: Inflation Calculator. Use the Bureau of...Ch. 3.E - Study Table 3.5. What does the number “8” in the...Ch. 3.E - Study Table 3.5. Which statement is not supported...Ch. 3.E - During their freshman year, Derek’s GPA was 3.4...Ch. 3.E - A false negative in a cancer screening test means...Ch. 3.E - A false positive in a test for steroids means that...Ch. 3.E - Study Table 3.7. The total number of women who did...Ch. 3.E - Study Table 3.7. The total number of women whose...Ch. 3.E - Suppose that a home pregnancy test is 99%...Ch. 3.E - Study the graph in Figure 3.5a. Which of the...Ch. 3.E - Study the graph in Figure 3.5b. Which of the...Ch. 3.E - Prob. 1ECh. 3.E - Briefly explain why a positive result on a...Ch. 3.E - Prob. 3ECh. 3.E - Prob. 4ECh. 3.E - Despite the fact that the new drug lowered blood...Ch. 3.E - Our total class score is based only on homework...Ch. 3.E - Baggage screening machines are 98% accurate in...Ch. 3.E - The polygraph test showed that the suspect was...Ch. 3.E - The Republications claim the tax cut benefits...Ch. 3.E - The agency suffered a real cut in its annual...Ch. 3.E - Batting Percentages. The table below shows the...Ch. 3.E - 12. Jeter and Justice. The following table shows...Ch. 3.E - Test Scores. The table below shows eighth-grade...Ch. 3.E - Test Scores. Consider the following table...Ch. 3.E - Prob. 15ECh. 3.E - Prob. 16ECh. 3.E - Prob. 17ECh. 3.E - Disease Test. Suppose a test for a disease is 90%...Ch. 3.E - Performance Enhancement. Suppose that a test for...Ch. 3.E - Prob. 20ECh. 3.E - Political Math. Government spending for a popular...Ch. 3.E - 29. A Tax Cut. According to an analysis of a...Ch. 3.E - Basketball Records. Consider the following...Ch. 3.E - 22. Better Drug. Two drugs, A and B, were tested...Ch. 3.E - Prob. 25ECh. 3.E - Prob. 26ECh. 3.E - Airline Arrivals. The following table shows real...Ch. 3.E - Prob. 28ECh. 3.E - Drug Testing. Explore the issue of drug testing...Ch. 3.E - Prob. 30ECh. 3.E - Prob. 31E
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- I need help with finding the MSE.arrow_forwardYear Annual CPI 2010 218.056 2000 172.200 1990 130.700 1980 82.400 Jennifer Marlowe was making $43,276 in 1980. Use the CPI table to determine what her salary would be in 2010, if it kept up with inflation since 1980. Round answer to the nearest dollar, do not include $ in your answer.arrow_forwardThis table shows the U.S. federal income tax rates from 2013. (Source: Internal Revenue Service) Rate Single Married Filing Jointly Married Filing Separately Head of Household 10% $0-$8,925 $0-$17,850 $0-$8,925 $0-$12,750 15% $8,925-$36,250 $17,850-$72,500 $8,925-$36,250 $12,750-$48,600 25% $36,250-$87,850 $72,500-$146,400 $36,250-$73,200 $48,600-$125,450 28% $87,850-$183,250 $146,400-$223,050 $73,200-$111,525 $125,450-$203,150 33% $183,250-$398,350 $223,050-$398,350 $111,525-$199,175 $203,150-$398,350 35% $398,350-$400,000 $398,350-$450,000 | $199,175-$225,000 $398,350-$425,000 39.6% Over $400,000 Over $450,000 Over $225,000 Over $425,000 Each row shows the tax rate on a specific portion of the taxpayer's taxable income given their filing status. For example, suppose a taxpayer has a filing status of Single and a taxable income of $40,000. This means that the taxpayer owes 10% tax on the first $8,925, 15% tax on the amount over $8,925 up to $36,250, and 25% on the amount over $36,250…arrow_forward
- O E U8 A Sdet jet laen and Gephs kead Only d A kobert Rapch Home Insert Draw Design Layout References Malings Review View Help d Share PComments The bar charts below show the number of refugees admitted to the states by nationality region. Number of refugees admitted each fiscal year into the U.S., in thousands, by region of nationality Africa a Middle East Asla-Pacific Europe Americas 3.000 16.000 11,000 20,000 15,000 6.000 5,000 2,000 2,000 2,000 Lilulla 2002 Note: Fisésl yearstars Oct. 1. See AppendixC for ciassification of countries into reglons Numbers are rounded to the nearest thousand. Source: Pew Research Centeranslysisof U.S. Stste Depsrtment's Retugee Proessing Center data (Demagraphic Prafile), A ccessed Gct. 2, 2017. 2017 2002 2017 2002 2017 2002 2017 2002 2017 *U.S. Reseties Fewer Refugees Evenas Global Numberof Displaced People Grovs" 2 E 5. Summarize what you see in the prior graph (number of refugees each fiscal year admitted into the US by region of nationality) and…arrow_forwardThe Trade Union Association of Orlando, Florida, maintains indexes on the hourly wages for a number of the trades. Unfortunately, the indexes do not all have the same base periods. Listed is information on plumbers and electricians. Shift the base periods to 2010 and compare the hourly wage increases for the period from 2010 to 2018. (Round your answers to 1 decimal place.) Year Plumbers (2005 = 100) Electricians (2008 = 100) 2010 122.7 131.6 2018 151.0 158.0 Plumber= Electrician= Plumbers' wages have increased percent, whereas electrician has increased Percent.arrow_forwardonly HANDWRITTEN answer needed ( NOT TYPED)arrow_forward
- The accompanying table shows the earnings per share (in dollars) and the dividends per share (in dollars) for 6 companies in a recent year. Complete parts (a) through (d) below. Click here to view the data table. Earnings per share, x Dividends per share, y 1.2 0.95 4.3 0.38 3.58 2.4 8.56 1.12 1.92 0.75 3.17 1.43 Click here to view the table of critical values for the Pearson correlation coefficient. n alpha=0.05 alpha=0.014 0.95 0.995 0.878 0.9596 0.811 0.9177 0.754 0.8758 0.707 0.8349 0.666 0.79810 0.632 0.76511 0.602 0.73512 0.576 0.70813 0.553 0.68414 0.532 0.66115 0.514 0.64116 0.497 0.62317 0.482 0.60618 0.468 0.5919 0.456 0.57520 0.444 0.56121 0.433 0.54922 0.423 0.53723 0.413 0.52624 0.404 0.51525…arrow_forwardYear 1983 1986 1990 1995 1998 Enrollment 128.2 121.0 113.3 96.3 89.0 Find the percentage change from 1983 to 1998 and also find the percentage change from 1990 to 1995arrow_forwardThe table shows the inflation-adjusted annual income per person in 1990 and 2011 for each listed country. Which country had the smallest relative increase in annual income per person from 1990 to 2011? What was the smallest relative increase? |1990 2011 |Country A $33,304 $41,451 Country B $23,036 $30,829 Country C $1,986 $7,656 Country D $893 $1,140 Country had the smallest relative increase in annual income per person from 1990 to 2011. It was about %. (Round to the nearest tenth as needed.)arrow_forward
- Estimate the profits for the year 1973 from the data given below. Year 1971 1972 1974 Profit (in million $) 8.5 12 10arrow_forwardUsing Table 19-1 and Table 19-2, calculate the annual, semiannual, quarterly, and monthly premiums (in $) for the life insurance policy. Round your answers to the nearest cent. Face Valueof Policy Sex and Ageof Insured Type of Policy AnnualPremium SemiannualPremium QuarterlyPremium MonthlyPremium $70,000 male—40 whole life $ $ $ $arrow_forward1) Suppose that you are given the following information Total population Working age population, non-institutionalised, non- military Unemployed 60 million 40 million 1.5 millionarrow_forward
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