Given the following data :Year:1992199319941995199619971998Weekly take homePay (Rs.):105110115125135140145ConsumerPrice index :113118127138144150160(i) What was the real average of weekly pay for each(ii) In which year did the employee have the greatest buying power ?(iii) What percentage increase in the weekly pay for the year 1998 is require(if any) to compensate him with the purchasing power in the yeardahis highest real pay ?year

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Answered: Given the following data : 1996 1997…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Provide an appropriate chart for the following data
Plot 2 Out-of-State Tuition 20000 15000 10000 5000 Plot 2: Distribution of Out-of-State Tuition Based on Expenditure Category Above Average Expenditure Expenditure Category Below Average Expenditure
Plot 2 Out-of-State Tuition 20000 15000 10000 5000 Plot 2: Distribution of Out-of-State Tuition Based on Expenditure Category Above Average Expenditure Expenditure Category Below Average Expenditure
In a given year, the U.S. federal income tax owed by a married couple filing jointly can be found from the following table. Married Filing Jointly Taxable Income $0-$18,550 T(x) = $18,551-$75,300 $75,301-$151,900 amount over $75,300 $413,351-$466,950 Tax Rate 10% $1,855 plus 15% of the amount over $18,550 $10,367.50 plus 25% of the $151,901-$231,450 amount over $151,900 $466,951 or more if $29,517.50 plus 28% of the $231,451-$413,350 amount over $231,450 $51,791.50 plus 33% of the $130,578.50 plus 39.6% of the amount over $466,950 (a) For incomes up to $151,900, write the piecewise defined function T with input x that models the federal tax dollars due as a function of x, the taxable income dollars earned. $111,818.50 plus 35% of the amount over $413,350 0 < x≤ 18,550 if 18,550 < x≤ 75,300 if 75,300 < x≤ 151,900 (b) Use the function to find T(40,000). $ (c) Find the tax due on a taxable inco of $90,000. $ (d) A friend tells Jack Waddell not to earn any money over $75,300 because it…
Below are the CPIS for three different European countries from 2016 to 2019: Country CPI in 2016 CPI in 2017 CPI in 2018 CPI in 2019 United Kingdom 99.4 101.5 104.2 106.3 France 99 100.6 101.7 103.1 Germany 99.1 100.8 102 103.3 (a) Which country / countries experienced inflation from 2016 to 2019? (b) Calculate the percentage changes in CPIS from 2018 to 2019 for each country. (c) If the prices of a country, it was the cheapest in 2019? roduct wer the same in these three countries in 2018, in which
Consider the two tables of quantities and prices: Quantities: Food & Transport Clothing Price: Food & Beverages Clothing 2010 2011 2012 20 35 25 29 35 40 37 2010 2011 2012 40 47 33 43 47 Compute the Paasche index for 2012 using 2010 as the base year. (1 d.p.)
Illustration 13.1. Construct index numbers of prices from the following data using (a) Laspeyre's (b) Paasche's (c) Marshall and fEdgeworth, and (d) Fisher's methods. 1960 1970 Commodity Price Qиantity Price Quantity A 4 50 10 40 3 10 9. 2 C 4 2
47. Given the following data : Weekly take-home pay (wages) Consumer price index Year 109.50 112.8 2012 2013 112.20 118.2 2014 116.40 127.4 2015 125.08 138.2 2016 135.40 143.5 2017 138.10 149.8 () What was the real average weekly wage for each year ? (i) In which year did the employees have the greatest buying power ? (ii) What percentage increase in the weekly wages for the year 2017 is required (if any) to provide the same buying power that the employees enjoyed in the year in which they had the highest real wages ?

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