Business, 17.11.2020 09:50, Mexicochan
Henry is an economist and wants to understand the relationship between inflation and consumer spending habits. For
his research, he needs the Consumer Price Index for 2014 and the inflation rate. Based on the prices of goods given,
what will he find to be the CPI and inflation rate for 2014? Assume that a consumer's basket for three consecutive years
consists of the following:
Number of Apples Price of an Orange
Number of Oranges
Year
Price of an Apple
Consumed
Consumed
2012
3
3
2
2013
4
1
2014
5
5
2
Consider 2012 to be the base year.
ОА.
100 CPI, 49.56 percent inflation
OB. 165 CPI, 45.40 percent inflation
Ос.
185 CPI, 55.35 percent inflation
OD
175 CPI, 60.56 percent inflation
OE.
125 CPI, 50.60 percent inflation
Answers: 3
Other questions on the subject: Business
Business, 21.06.2019 20:30, christinachavez081
The federal act which provided over $7 billion to the epa to protect and promote "green" jobs and a healthier environment is the - national environmental policy act. - resource recovery act.- resource conservation and recovery act.- american recovery and reinvestment act. - clean air act.
Answers: 1
Business, 22.06.2019 17:30, dani4685
One of your new suppliers, kim, has been hearing rumors about your firm’s lack of capability to deliver high quality products and writes an email asking you to address the claims being made. in replying to her, you want to be sure that you are very clear and leave no room for misinterpretation. which of the following aspects of effective communication should you give the most attention? (a) making sure you understand kim’s areas of expertise. (b) supporting your reply with relevant data and facts. (c) establishing your credibility as an expert. (d) paying attention to implied communications.
Answers: 2
Business, 23.06.2019 05:30, Juanga122
Scientists developed the first successful human cell culture in vitro (grown in a lab) in the 1950s by removing cancer cells from a woman. this concept has allowed modern scientists to successfully grow organs. which of the following answers bestdetermines why there was success? neurons send a signal to the cell to multiply. a large blood supply to the cell allows enough nutrients for growth. cells are the basic unit of life and thus can regenerate if in a controlled environment. cells cannot reproduce on their own, and the scientist manipulates them to grow.
Answers: 1
Do you know the correct answer?
Henry is an economist and wants to understand the relationship between inflation and consumer spendi...
Questions in other subjects:
Health, 24.02.2020 22:26
