How much would president nixons salary be in 1980

Assignment Help Microeconomics
Reference no: EM133629516

Question: Using the equation 8.3 in the textbook and the following information to answer the question. In 1969, President Nixon earned a salary of $200,000. The CPI in 1969 was 36.7. In 1980, President Reagan also earned a salary of $200,000. The CPI in 1980 was 82.4. How much would President Nixon's salary be in 1980 dollars. Is it larger than President Reagan's ? And if so , what is possible explanation ?

Reference no: EM133629516

Questions Cloud

Explain the components of multidimensional nursing care : Select appropriate nursing interventions when providing multidimensional care to clients experiencing alterations in mobility.
Which volume should the nurse prepare to reconstitute : A client weighing 65 kg is prescribed cyclosporine for rejection prophylaxis. Which volume (mL) should the nurse prepare to reconstitute for administration?
Representative of the non-traded goods of a country : Representative of the non-traded goods of a country that tends to drive the real exchange rate. Do you, or anyone else, think it would be good representative
How medications are often used as part of sud treatment : Skills Simulation-Does the response provide Bob with a clear and rational explanation of how medications are often used as part of SUD treatment?
How much would president nixons salary be in 1980 : How much would President Nixons salary be in 1980 dollars. Is it larger than President Reagan's ? And if so , what is possible explanation
Which class of inhaled medication is preffered monotherapy : Which class of inhaled medication is the preffered monotherapy for a patient with COPD who describes few symptoms but has been hospitalized for an exacerbation?
What rate should the mivf be at to meet fluid needs : Her fluid needs are 2200 mL per day. If her TF at goal is providing 1020 ml of free water what rate should the MIVF be at to meet fluid needs?
How did ivmp and prednisolone help this patient : Her neurological symptoms improved dramatically and prednisone was gradually withdrawn within three months. How did IVMP and prednisolone help this Patient?
Which patient population would be at greatest risk : Early enteral nutrition (EEN) has been associated with reduced infectious complication. Which patient population would be at greatest risk when considering EEN?

Reviews

Write a Review

Microeconomics Questions & Answers

  Construct a choice table for interest rates

The South End bookstore has an annual profit of $170,000. The owner is considering opening a second bookstore on the north side of the campus. He can lease an existing building for 5 years with option to continue the lease for a second 5-year period.

  How can investors guide against an inflationary economy

How can investors guide against an inflationary economy that may erode the value of their investments?

  Computing marginal revenue from advertising

The Smith's Company's marketing manager has determine that the price elasticity of demand for its product equals -2.2. According to the studies he has performed, the relationship between the amount spent by firm on advertising and its sales as fol..

  Consumer income increases and worker wages fall

For each sentence below describing changes in the tangerine market, note whether the statement is true, false, or uncertain, and explain your answer. You will find it helpful to draw a graph for each case.

  Draw a graph, label the axes and identify the market

Draw a graph, label the axes and identify the market that the graph is depicting and explain in words how either the demand or supply curve moves given the discussion in the article.

  Explain how ebitda multiple can be calculated

i. Discuss for which firms EBITDA can be used, instead of FCF, for investment analysis and valuations and why?

  What is the depreciation charge for the fifth year

An asset costs $15,000 and has a salvage value of $500 after 10 years. What is the depreciation charge for the fifth year

  Operate with the identical short-run total cost curve

A industry consists of 20 producers, all of whom operate with the identical short-run total cost curve ST C(Q) = 16+2Q+Q^2. The market demand curve for A is D(P ) = 110?P , where P is the market price.

  Economists occasionally speak of helicopter money

Economists occasionally speak of “helicopter money” as a short-hand approach to explaining increases in the money supply. Suppose the Governor of the Fed flies over the country in a helicopter dropping 10,000,000 in newly printed $100 bills (a total ..

  Question 1who wants to play the mahoney lottery tickets

question 1who wants to play the mahoney lottery? tickets cost 5 to play and you get to pick a number between 1 and 20.

  How any of the three broad forms of price discrimination

Explain the above statement with the use of two real case studies from any country in the world. Analyse and evaluate how any or all of the three broad forms of price discrimination are practiced in these industries.

  What financial assets are included in each aggregate

The Bank of Canada defines the Canadian money supply in terms of Ml+, M1++, M2, M2+, M2++, and M3 monetary aggregates.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd