What index is used to measure the average prices paid by a typical family? an average of the prices of the goods and services purchased by a typical family is the: a. inflation rate index. b. consumer price index (cpi). c. producer price index (ppi). d. aggregate price level index. suppose the economy's consumer price index (cpi) in 2008 was 188 and the cpi in 2009 was 199. the inflation rate over the period from 2008-2009 was equal to nothing%. (enter your response rounded to one decimal place.)

University car wash built a deluxe car wash across the street from campus. the new machines cost $219,000 including installation. the company estimates that the equipment will have a residual value of $19,500. university car wash also estimates it will use the machine for six years or about 12,500 total hours. actual use per year was as follows: year hours used 1 3,100 2 1,100 3 1,200 4 2,800 5 2,600 6 1,200 prepare a depreciation schedule for six years using the following methods: 1. straight-line. 2. double-declining-balance. 3. activity-based.

Acoase solution to a problem of externality ensures that a socially efficient outcome is to

Amethod of allocating merchandise cost that assumes the first merchandise bought was the first merchandise sold is called the a. last-in, first-out method. b. first-in, first-out method. c. specific identification method. d. average cost method.