Business, 24.05.2021 14:00 kmwise19

Frances spends all of her money on paperback novels and donuts. In 2013, she earned $14.00 per hour, the price of a paperback novel was $7.00, and the price of a donut was $2.00. Which of the following give the nominal value of a variable? 1. Which of the following give the nominal value of a variable?
a. The price of a donut is $2.00 in 2013.
b. Rina's wage is $14.00 per hour in 2013.
c. Rina's wage is 2 paperback novels per hour in 2013.

2. Which of the following give the real value of a variable? Check all that apply.
a. The price of a paperback novel is 3.5 donuts in 2009.
b. Rina's wage is 7 donuts per hour in 2009.
c. Rina's wage is $14.00 per hour in 2009.

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Frances spends all of her money on paperback novels and donuts. In 2013, she earned $14.00 per hour,...