Select the correct answer. 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:
Year
Price of an Apple
Number of Apples
Consumed
Price of an Orange
Number of Oranges
Consumed
2012
2
3
3
2
3
2013
2
4
1
2014
5
5
2
Consider 2012 to be the base year.
ОА.
100 CPI, 49.56 percent inflation
ОВ.
165 CPI, 45,40 percent inflation
Oc.
185 CPI, 55.35 percent inflation
OD
175 CPI, 60.56 percent inflation
ОЕ.
125 CPI, 50.60 percent inflation

Which of the following statements is correct? a major disadvantage of a partnership relative to a corporation is the fact that federal income taxes must be paid by the partners rather than by the firm itself. in a typical partnership, liability for other partners’ misdeeds is limited to the amount of a particular partner’s investment in the business. true in a limited partnership, the limited partners have voting control, while the general partner has operating control over the business, and the limited partners are individually responsible, on a pro rata basis, for the firm’s debts in the event of bankruptcy. partnerships have more difficulty attracting large amounts of capital than corporations because of such factors as unlimited liability, the need to reorganize when a partner dies, and the illiquidity of partnership interests.