Suppose general electric paid its line workers $10 per hour in 2015 when the consumer price index was 100. suppose that deflation occurred and the aggregate price level fell to 80 in the 2016. instructions: round your answers to two decimal places. a. ge needed to pay its workers $ in 2016 in order to keep the real wage fixed at $10. b. ge needed to pay its workers $ in 2016 if it wanted to increase the real wage by 10 percent. c. if ge kept the wage fixed at $10 per hour in 2016, in real terms, its workers got a % increase in real wages.

Abusiness cycle reflects in economic activity, particularly real gdp. the stages of a business cycle

Analyzing and computing accrued warranty liability and expense waymire company sells a motor that carries a 60-day unconditional warranty against product failure. from prior years' experience, waymire estimates that 2% of units sold each period will require repair at an average cost of $100 per unit. during the current period, waymire sold 69,000 units and repaired 1,000 units. (a) how much warranty expense must waymire report in its current period income statement? (b) what warranty liability related to current period sales will waymire report on its current period-end balance sheet? (hint: remember that some units were repaired in the current period.) (c) what analysis issues must we consider with respect to reported warranty liabilities?

Gary lives in an area that receives high rainfall and thunderstorms throughout the year. which device would be useful to him to maintain his computer?