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In 1990, the average income for an american worker was $1,518 per month. in 2000, the average income for an american worker was $2,632 per month. during this time period, a basket of necessities (food, housing, etc.) increased from $657 per month in 1990 to $1,402 per month in 2000. the real value of income ▼ increased decreased over that 10-year period.

You are serving on a jury. a plaintiff is suing the city for injuries sustained after falling down an uncovered manhole. in the trial, doctors testified that it will be 5 years before the plaintiff is able to return to work. the jury has already decided in favor of the plaintiff, and has decided to grant the plaintiff an award to cover the following items: a. recovery of 2 years of back-pay ($34,000 for two years ago, and $36,000 for last year, which ends today). assume that it is december 31 and that all salary is received at year end. this recovery should include the time value of money. b. the present value of 5 years of future salary. assume that the plaintiff's salary would increase at a rate of 3 percent per year. c. $100,000 for pain and suffering. d. $20,000 for court costs. assume an interest rate of 7 percent. what should be the size of the settlement?

Researchers have found that it takes to view a mental image that is larger or covers more distance than a smaller or more compact one.