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A: The answer is given in the attached picture:
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A: Hi! Thank you for the question. As per the honor code, We’ll answer the first question since the…
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- Briefly explain the adjustable peg system. Please write the answer in not more than 5 lines?John works for a government agency in California making $70,000 per year. He is being transferred to a branch office in Tennessee. The salary reduction associated with transfer is 11%. The Cost of Living Index (similar to consumer price index or equipment price index) in California is 132 whereas the Cost of Living Index in Tennessee is 95. a. How much extra income does John made as a result of the reduced Cost of Living? b. What is the adjusted salary of John based on the Cost of Living?What mean economic
