In 1932, the average wage rate was $0.55 an hour and in 2002 the average wage rate was $14.95 an hour. The CPI in 1932 was 13.7 and in 2002 it was 183.3. >>> Answer below to 2 decimal places. The 2002 nominal wage rate that is equivalent to $0.55 an hour in 1932 is $ nothing an hour. The real wage rate in 1932 is $ nothing. The real wage rate in 2002 is $ nothing. Which gives the higher real wage rate: $0.55 an hour in 1932 or $14.95 an hour in 2002? ▼ $14.95 in 2002 $0.55 in 1932

Self-interest achieve society’s economic goals because producers know which goods consumers want the most. as consumers and producers exercise their freedom to act in their own self-interest, markets will produce the desired goods at the lowest possible cost. consumers and producers both operate based on society’s economic goals. consumers know which goods can be produced at the lowest cost. there is a wide variety of desired goods and services in a market system because producers determine what to produce. consumers change their minds frequently. there is always a need to produce something new and improved. individual wants are diverse. what is produced is ultimately determined by consumers, because if the goods offered are not what consumers want, consumers will not buy them. producers, because they are driven by profits. producers, because they determine what to produce. consumers, because they participate in marketing surveys.

James is an employee in the widget inspection department of xyz systems, a government contractor. james was part of a 3-person inspection team that found a particular batch of widgets did not meet the exacting requirements of the u.s. government. in order to meet the tight deadline and avoid penalties under the contract, james' boss demanded that the batch of widgets be sent in fulfillment of the government contract. when james found out, he went to the vice president of the company and reported the situation. james was demoted by his boss, and no longer works on government projects. james has a:

In his speech on varying explanations of how the earth came into existence, eduardo begins with opinions, moves to inferences, and uses scientific facts in support of his last point. what principle of supporting material organization is eduardo utilizing in his speech?