Suppose a worker is offered a wage of $8 per hour, plus a fixed payment of $100 per day, and he can use 24 hours per day. What are the maximum total earnings the worker can earn in a day?
A. $292
B. $392
C. $192
D. $492
Answer: A
You might also like to view...
The problem causing most recessions is too little
A) spending. B) taxes. C) money (currency plus checking accounts). D) unemployment.
Transfer payments are included in which category under the expenditure approach to GDP accounting?
a. consumption b. government purchases c. net exports d. Transfer payments are not directly included in GDP calculations.
If nominal GDP is $9,600 billion and the GDP deflator is 118.5, real GDP is
A. $10,852.7 billion. B. $6,586.7 billion. C. $3,657.0 billion. D. $8,101.3 billion.
Which one of the following is not an accurate description of the activities in which labor unions engage?
A) Control competition among workers for jobs. B) Encourage consumers to purchase union-made products exclusively. C) Enforce seniority criteria when employers are contemplating layoffs. D) Help workers compete against corporate employers. E) Protect workers against arbitrary treatment by management.