The consumer price index (CPI) is a measure of the average change of prices paid by urban consumers for goods and services. If a worker earned $28.50 per hour in the year 2000, how much would he need to earn in 2004 to have the same buying power as he did in 2000?

Answers

Answer 1

Answer:

$31.37 per hour

Step-by-step explanation:

In order to calculate how much he needs to earn to have the same buying power we first need to know how much inflation occurred over those years. According to data from the consumer price index charts, these years had the following inflation rates.

2000 = 3.4%2001 = 2.8%2002 = 1.6%2003 = 2.3%Total = 3.4 + 2.8 + 1.6 + 2.3 = 10.1%

We don't include 2004 because inflation rates are calculated when the year is over and the individual is currently in 2004 in this scenario. Now we multiply the total inflation rate to the amount that the individual was making in the year 2000. But we turn the percentage into a decimal and add 1 to it so that we are increasing the wage.

(10.1 / 100) + 1 = 1.101

28.50 * 1.101 = $31.37

Therefore, the individual needs to have a wage of $31.37 per hour to maintain the same buying power in 2004 as in 2000.


Related Questions

You can send and receive text messages on your cellphone for $0.12 a message your cellphone provider also offers a plan for an unlimited number of messages for $4 per month. How many text messages must you send and receive a month to make the unlimited plan a better buy?

Answers

Answer:

33.333

Step-by-step explanation:

10000 rounded nearest 10

Answers

10000 is already a whole number, you can’t round it anymore

I don’t know if you meant scientific notation, which would be

10000 = 1 x 10^4

To rent a jet ski the Delta Water company charges a flat fee of $25 plus $7.50 per hour. If you rented a jet ski for a day of fun and were charged $70, how many hours did you rent the jet ski for?

ASAP!!! BRAINLIEST!!
PLS HELP!!! SHOW ALL WORK +STEPS!! Thx!

Answers

You were using it for 6 hours because 70-25 is 45 and if you divide 7.50 and hour and 45 it’s 6

Answer:

6 hours

Step-by-step explanation:

$25 + $7.50x = 70

first subtract the flat fee of 25 from 70 to get $45.

then divide 45 by $7.50 to get the total hours spent

45 divided by 7.50 is 6

Hope this helps!


need help w the circled ones plsssss

Answers

Answer: #1. yes it's a function #6. the graph is increasing at (-oo , 2) , #7.  the graph is decreasing at (2,oo) ,

Step-by-step explanation:

hope it helps

6. It is increasing from (-infinity, 4) or ]  i am not sure

7. It is decreasing from ( or [4, infinity)

If the arrow kept on going the f(-12) = x for example, f(4)=2

Important things to know f(x)=y and (x,y)

I am sorry that I can not help with the others!!!

I need help fast thank you

Answers

9/50 is the simplest form because you can’t make it any smaller

plz help i'm adding some extra points will report if u don't actually answer the question

Answers

Answer:

[tex]-4x^2-x-19=0[/tex]

Step-by-step explanation:

Standard Form:

[tex]ax^2+bx+c=0[/tex]

Solve:

[tex]-4x^2-19=x[/tex]

Subtract x from both sides, then make standard form:

[tex]-4x^2-x-19=0[/tex]

Which linear function represents the line given by the point-slope equation y + 7= -2/3 (x+6)

A) f(x) = -2/3x – 11

B) f(x) = -2/3x -1

C) f(x) = -2/3 + 3

D) f(x) = -2/3 + 13

Answers

[tex]y + 7 = - \frac{2}{3}(x + 6) \\ [/tex]

[tex]y + 7 = - \frac{2}{3}x - 4 \\ [/tex]

Subtract sides -7

[tex]y = - \frac{2}{3}x - 4 - 7 \\ [/tex]

Thus ;

[tex]y = f(x)= - \frac{2}{3}x - 11 \\ [/tex]

So the correct answer is (( A )) .

A paper boy delivers thirteen papers to an apartment complex. If these deliveries compose one-seventh of his route, how many papers does he deliver?

Answers

Answer:

Step-by-step explanation:

91

7 x 13 = 91

Juan chooses 4 items for his main course, 1 drink, and 1 dessert in a restaurant. The total cost of the meal is $9.80. Each main course item costs $1.10 and the dessert costs 50¢ more than the drink.

Let d represent Juan's dessert and r represent his drink.

Select True or False for each statement

Answers

Answers:

A) TrueB) FalseC) FalseD) TrueE) True

===========================================

Explanation:

The two items given

"Juan choses 4 items for his main course""each main course item costs $1.10"

tells us that he spends 4*1.10 dollars on just the main course items. So that's why choice A is true.

-----------

From part A, we know that Juan spends 4*1.10 = 4.40 dollars on just the main course items. We also know the total cost of the meal is $9.80

This leaves 9.80 - 4.40 = 5.40 left over

Meaning that $5.40 is spent on dessert and drinks

The equation in part B is close, but the 4.40 should be 5.40 instead.

Choice B is false

-----------

"The dessert costs 50 cents more than the drink" means

r = d+0.50

Whatever the drink costs (d), we add on 50 cents or $0.50 to get the cost of the dessert (r). This is why choice C is false.

-----------

The system of equations we have so far is

[tex]\begin{cases}5.40 = d+r\\r = d+0.50\end{cases}[/tex]

Start with the first equation, plug in r = d+0.50, and solve for d

5.40 = d+r

5.40 = d+d+0.50

5.40 = 2d+0.50

2d+0.50 = 5.40

2d = 5.40-0.50

2d = 4.90

d = 4.90/2

d = 2.45

Each drink costs $2.45, so choice D is true because Juan only bought one drink.

-----------

Lets use this value of d to find r

r = d+0.50

r = 2.45+0.50

r = 2.95

Each dessert costs $2.95, making choice E true as well (since he only bought one dessert).

What’s the equation of the line?

Answers

Answer:

where's the line?

There is no picture uploaded

Step-by-step explanation:

2) y>-x+3
3
y<-x-1
Graph

Answers

Answer:

 

lokjhbvcvbnmjkl;;lkhhhvfbbbbbbbbbbbbbbbbbbbbbbbb

 

To graph ( -5,-8 ) after you go left 5 units what direction will.you have to go

Answers

Answer:

next direction would be 8 units down

5y + 2(11 - 4y) = 82 + y
Help Needed Asap

Answers

Answer:

y=−15

Hope this helps! Please mark Brainliest!

Answer:

y = -15

Step-by-step explanation:

5y + 2(11 - 4y) = 82 + y

open parenthesis

5y + 22 - 8y = 82 + y

-3y + 22 = 82 + y

add 3y to both sides of the equation

-3y + 22 + 3y = 82 + y + 3y

22 = 82 + 4y

subtract 82 from both sides of the equation

22 - 82 = 82 + 4y - 82

-60 = 4y

divide both sides by 4

-60/4 = 4y/4

-15 = y

Which of the following angle relationships can you use to prove that two lines are parallel?
A supplementary corresponding angles
B congruent alternate interior angles
congruent vertical angles
D congruent same-side interior angles

Answers

The answer is D because, if one of the sides is congruent that means that one side has to mirror the other therefore they can never touch

The following angle relationships can you use to prove that two lines are parallel?

A. supplementary corresponding angles

B. congruent alternate interior angles

C. congruent vertical angles

D. congruent same-side interior angles

Hence proved

What is Angles?

When two straight lines or rays intersect at a single endpoint, an angle is created. The vertex of an angle is the location where two points come together. The Latin word "angulus," which means "corner," is where the term "angle" originates.

In algebra, two lines can be represented as

a and b are constants in y=ax+ b.

(x,y)

on the Cartesian plane, are points.

Let's say two lines are depicted as

y1 = a1 (x + b1) and y2 = a2 (x + b2)

If and only if, the two lines are parallel.

As any line can be parallel to itself, either b1 is not equal to b2 or b1=b2 and a1=a2.

The characteristic of two simultaneous linear equations that have either no solution or an infinite number of solutions, but not exactly one solution, is another approach to define the term "parallel."

The final definition of the attribute of two lines being "Parallel" states that it is only possible for the X and Y axes to not be parallel to one another. It does not demand for the X and Y axes to be orthogonal to one another or that there be any particular angle between them.

This also applies to the situation of N axes.

Additionally, it is not necessary for Space to be Euclidean or for the 'lines' to be rectilinear.

To learn more about Angles click on the link

https://brainly.com/question/25716982

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What’s the answer to this

Answers

Answer:

√3

Step-by-step explanation:

√1 is an imaginary number, not lying anywhere on a real numberline

√2 is an irrational number

√3 is an irrational number, but can be expressed as a fraction; 3=31=62=124 (so yes, it is a rational number)

√5 is an irrational algebric number

answer is √3, you welcome

is 800 cm greater than 8 cm

Answers

Answer:

100

Step-by-step explanation:

For the expression 34- 34a to have a negative​ value, what must be true about the value of a ​?

Answers

Answer:

a>0

Step-by-step explanation:

if a is negative then the subtraction sign would switch. therefore, for the expression to have a negartive value a must be greater than 0

Lena told her mother that the jeans that she bought were on sale for 10 percent off and she had saved $8.25 on them.

Percents
Total
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
100%
$8.25
$8.25
$8.25
$8.25
$8.25
$8.25
$8.25
$8.25
$8.25
$8.25


Lena’s mother wanted to know the price of the jeans before the discount to determine if Lena was shopping for jeans that were too expensive. What was the price of the jeans before the discount?
$41.25
$74.25
$82.50
$90.75

Answers

Answer:

The answer 80.25! Let me know if it is wrong!

Hope you do great!

Step-by-step explanation:

Answer:

82.25 but on the quiz it says 82.50

Step-by-step explanation:

How do you understand
% ahh!!!

Answers

Answer:

what

Step-by-step explanation:

Sam has $40. He buys a book for $12.99 and a puzzle for $15.49.
Which equations can be used to find how much money Sam has left?

Answers

40 = 12.99 + 15.49 + x

Total 40, 12.99 and 15.49 is how much he has spent, and x is the variable to be solved for

If this helped pls mark branliest.

Answer:

40-12.99-15.49=11.52

40-(15.49+12.99)=11.52

Step-by-step explanation:

There are two ways you can complete this you can just keep subtracting or you can add the two number that you need to subtract and then subtract them.

if k = -3 what is the value of k + (2k - 10) ?

A. –19
B. –7
C. 1
D. –14

Answers

Answer:

A

Step-by-step explanation:

We have the expression [tex]k+(2k-10)[/tex]

We want to find the value when k is -3. So, substitute -3 for k and evaluate:

[tex]\Rightarrow (-3)+(2(-3)-10)[/tex]

Multiply:

[tex]=-3+(-6-10)[/tex]

Subtract:

[tex]=-3+(-16)[/tex]

Add:

[tex]=-19[/tex]

Therefore, our answer is A.

I need Your help plish​

Answers

Answer:

5

Step-by-step explanation:

Because there is zones

The equation = ( + ) can be used to calculate the distance, , traveled by a body moving with a stv0atsuniform acceleration, , in time, , where is the initial velocity of the body. The steps to solve the equation atv0for are:v0Step 1: = + v0atStep 2: − = atv0Which properties are applied to obtain step 1 and step 2?multiplication property of equality and subtraction property of equality
(A) division property of equality and addition property of equality
(B) multiplication property of equality and addition property of equality.
(C) division property of equality and subtraction property of equality

Answers

RIGHT ! Somebody help

Explique, de forma resumida, o significado dos números que expressam porcentagens nas orações a seguir. A) 10% dos alunos de uma escola não têm animal de estimação. B) 19% dos livros de uma biblioteca precisam ser catalogados. C) Segundo a Pesquisa Nacional por Amostra de Domicílio (Pnad), divulgada pelo Instituto Brasileiro de Geografia e estatística (IBGE), 51% da população brasileira é constituída por mulheres.

Answers

Answer:

Hola como esta xd lol what

convert 96 ounces into pounds and explain how you determined your answer.

Answers

96 oz = 6 pounds. 1 pound equals 16 oz. you can find the answer for this problem by 96 divided by 16 = 6 POUNDS. If you could mark me brainliest it would be amazing for my work

96 oz is equivalent to 6 pounds .

Given,

96 ounces.

Conversion of ounces to pounds ,

Now the conversion is as follows:

For this case we have to know the following conversions:

1 ton = 2204.62 pounds

1 oz = 0.0625 pounds

Here,

1 oz = 0.0625 pounds

96 oz = 96 *0.0625 pounds

96oz = 6 pounds .

Hence 96 ounces is equal to 6 pounds .

Know more about conversion,

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Help, please
Giving you 39 points!!

Answers

Answer:

n = 10

Step-by-step explanation:

The triangles are equal by SSS theorem, therefore the 2 angles given with a variable must be equal.

Given m|| n, find the value of x.

Answers

Answer:

125

Step-by-step explanation:

A straight angle os 180 degrees if you subtract 180 to 55 you get 125 degrees its basic math really.

Which of the following could be scaled copies of rectangle A with measures 8 in by 12 in?.
A. 16 in by 28 in
B. 4 in by 6 in
C. 36 in by 48 in
D. 24 in by 40 in
E. 16 in by 9 in

Answers

Answer:

B: 4in by 6in

Step-by-step explanation:

4 is half of 8 and 6 is half of 12

Which is better tacos or cheeseburgers

Answers

Answer:

tacos bro :P

Step-by-step explanation:

Answer:

I like taco's better.. :D

Step-by-step explanation:

What do the following two equations represent?
y = -2/3x+11
y+7 = 3/2 (x-5)
Choose 1 answer:
(Choice A)
A
The same line

(Choice B)
B
Distinct parallel lines

(Choice C)
C
Perpendicular lines

(Choice D)
D
Intersecting, but not perpendicular lines

Answers

Answer: C perpendicular

Step-by-step explanation:

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