Answer:
a. PPI or Producer Price Index because it measures the input used for production.
b. CPI or Consumer Price Index because it measures the cost of common household purchases.
Explanation:
Inflation is general rise in the price level. There are various measures of inflation such as CPI, RPI, CPIX, CPI-CT and core inflation. This inflation measure selection is based on the scenarios by which criteria is made for selection. The businessmen will measure inflation with a different method as compared to a common man.
a. A factory owner will measure the inflation based on PPI. Producer price index measures the change in price of goods sold by manufacturer.
b. A teacher union will measure the inflation as CPI. Consumer price index is the best measure of inflation for a consumer.
The supply curve for a good will be more elastic if "production inputs are readily available at a relatively low cost".
<u>Option: C</u>
<u>Explanation:</u>
The graphical interpretation is applied to understand the concept of supply curve for any good available in market. This is done by correlating the cost of a good or service and the supplied amount during a given period. In such representation the cost is mentioned vertically on the left axis, while the amount supplied is mentioned horizontally.
The coverage of responsiveness with respect to variations in cost of demand or supply products is understood as elasticity. Here when the small variations in cost leads to the large variations in consumed amount of product, thus curve become more elastic. While if a curve is found less elastic, which showcase that their is large variations in the price to impact a change in consumed amount.
<span>There are many biological theories of crime. Which theory addresses issues such as hormones, brain structure, and brain chemistry to understand why some individuals commit crime?
</span><span>A.) Biochemistry
</span><span>The average woman makes 75 cents for every dollar a man makes in the workforce. This statistic would fall under which of the following emergent theories?
</span><span>C.) Feminist theory
</span><span>Which major crime is most frequently reported to the police according to the UCR? NIBRS?
</span><span>D.) Larceny-Theft
</span><span>Most hate crimes are motivated by
</span><span>A.) Racial Hatred
</span><span>In the mid-1700s ____________ wrote nine principles that still guide many of our ideas about criminal justice today.
</span><span>B.) Cesare Beccaria
</span><span>The theory of crime that tries to explain criminal behavior by focusing on the mind without considering the influence of the body is
</span><span>D.) Psychological</span>
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The answer is fiduciary monetary systems. Cash gets its incentive from the certainty that general society has in its agreeableness. A case of such fiscal framework is the United States financial framework. On the off chance that you at any point saw the words in any dollar charge which says "In God We Trust" was first utilized as a part of 1957. Prior to that date, dollar bank notes were indicating "Silver Certificate".
