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  2. Real wages - Wikipedia

    en.wikipedia.org/wiki/Real_wages

    In absolute dollar amounts, an individual is bringing home more money each year, but the increases in inflation actually zeroes out the increases in their salary. Given that inflation is increasing at the same pace as wages, an individual cannot actually afford to increase their consumption in such a scenario.

  3. Compound annual growth rate - Wikipedia

    en.wikipedia.org/wiki/Compound_annual_growth_rate

    where () is the initial value, () is the end value, and is the number of years. CAGR can also be used to calculate mean annualized growth rates on quarterly or monthly values. The numerator of the exponent would be the value of 4 in the case of quarterly, and 12 in the case of monthly, with the denominator being the number of corresponding ...

  4. Baker percentage - Wikipedia

    en.wikipedia.org/wiki/Baker_percentage

    The total or sum of the baker's percentages is called the formula percentage. The sum of the ingredient masses is called the formula mass (or formula "weight"). Here are some interesting calculations: The flour's mass times the formula percentage equals the formula mass: [11]

  5. NBA draft lottery - Wikipedia

    en.wikipedia.org/wiki/NBA_draft_lottery

    The speculation originated with the 1985 draft lottery that sent Patrick Ewing to New York, with the theory being that the NBA wanted to send the best player in the draft to New York to increase ratings in a large television market. At that time, the NBA used seven envelopes in a tumbler representing the seven teams with the worst record.

  6. Card counting - Wikipedia

    en.wikipedia.org/wiki/Card_counting

    Low cards increase the count; they increase the percentage of high cards in the deck. High cards decrease the count for the opposite reason. For example, the Hi-Lo system subtracts one for each 10, jack, queen, king, or ace and adds one for any card between 2 and 6. 7s, 8s, and 9s count as zero and do not affect the count.

  7. Economic history of the United States - Wikipedia

    en.wikipedia.org/wiki/Economic_history_of_the...

    The success of some of the early canals led to a canal building boom, during which work began on many canals which would prove to be financially unsuccessful. As the canal boom was underway in the late 1820s, a small number of horse railways were being built. These were quickly followed by the first steam railways in the 1830s.