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Elanso [62]
2 years ago
5

When CPI data is collected, what does the index value represent?

Mathematics
1 answer:
gladu [14]2 years ago
7 0

Answer:

When CPI data is collected, what does the index value represent. Prices used to compute CPI are collected during the entire month, and that data is published monthly. So, the index value represents an estimate of the price level for the month as a whole, rather than a specific date.

Step-by-step explanation:

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Solve system of linear equation by substitution -x+y=2; 3x-5y=-4
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Answer:

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Step-by-step explanation:

-x+y=2

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in the top equation, we can get y by itself on one side of the equation:

-x+y=2

y=x+2

now, since we know that y=x+2, in the bottom equation we can substitute x+2 for y (substitution method) and solve:

3x-5y=-4

3x-5(x+2)=-4

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-2x-10=-4

-2x=6

x=-3

since we now know that x=-3, we can use it to find y by plugging in -3 for x in the top equation (you can do it in either equation, but doing it in the top equation is easier):

y=x+2

y=-3+2

y=-1

answer: (-3, -1)

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