Acollege graduate in 1972 found a job paying $7,200. the cpi was 0.418 in 1972.a college graduate in 2005 found a job paying $28,000. the cpi was 1.68 in 2005.the 1972 graduate's job paid in nominal terms and in realterms than the 2005 graduate's job.

less, more

The 1972 graduate's job paid less in nominal terms and more in real terms than the 2005 graduate's job.

Explanation:

Nominal terms refers to wage values not adjusted for inflation, i.e., values in current prices. So we need to compare 7,200 to 28,000, since 7,200 is less than 28,000 the first answer is less.

Real terms refers to values that have been adjusted for inflation, we can use the CPI values to adjust the salaries.

1. 1972 job in real terms:

2. 2005 job in real terms:

Now both wages are in constant or real terms and we can see that 17,224.88>16,666.67

statement of owner's equity;

the most important factor in the

work process or industry is to retain the interest of the employee. and to

retain them, their salary or profit must be adjusted to the best value. unless

the employee does not do his job properly, employees must receive bonuses or

benefits to ensure them to stay in the company. it will actually make them stay

longer, make them feel important and reduce costs for hiring new employees.

explanation:

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