1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
grigory [225]
2 years ago
11

How do I calculate inflation?

Business
1 answer:
nikitadnepr [17]2 years ago
5 0

We can calculate the total inflation rate in an easily understandable manner. The total inflation rate is the total rate of change of the consumer price index (CPI) over a certain given period of time.

<h3>What is inflation?</h3>

A general increase in the prices of goods and services in an economy can be called Inflation. Whenever the general price level rises, each unit of currency purchases fewer goods and services; simultaneously, inflation accords to a reduction in the purchasing power of money.

The total inflation is calculated using this given formula:

((Target Year – Base Year) ÷ Base Year) x 100

Thus, the Total inflation rate refers to the total rate of change of the consumer price index (CPI) over a certain given period of time.

Learn more about inflation rate:

brainly.com/question/14878357

#SPJ1

You might be interested in
On March 31, 2017, Alpha Corporation recorded the following factory overhead costs incurred: Factory Manager Salary $7,000 Facto
qaws [65]

Answer:

Explanation:

check the file attached for full explanation

Download docx
7 0
4 years ago
_____ should support the organization strategy, support the work flow and motivate behavior toward organization objectives.
stich3 [128]

<u>The pay structure </u>should support the organization strategy, support the workflow and motivate behavior toward organization objectives.

<h3>What do you mean by organization strategy?</h3>

An organization strategy is defined as the strategy that include long -term as well as the short-term plans based on how the organization use its resource to support activities and growth.

Furthermore, the pay-structure of every company can helpfully define the organization strategy, support the workflow in the company. Based upon pay structure, the promoters of organizations make a decision regarding the how to motivate the employees for better earnings.

Adding to it, organizational strategy establishing the priorities and setting the direction for our business. It clarifies the path of success and also set the prioritizes that are needed.

Learn more about Pay structure, refer to the link:

brainly.com/question/16006633

#SPJ4

6 0
2 years ago
In the game of economics,
kirill [66]

Answer:

Services

Explanation:

In the game of economics, services are actions that other people value. Services are something which people get and it helps to improve the utility level of a customer. Services are valued by people because it satisfies their needs and wants. Moreover, this is why people pay a lot of money to get better services because it plays an important to fulfil human wants.

7 0
4 years ago
If a country's economic data shows private savings of $500 million, government
jolli1 [7]

Answer

Investment equals B) $500

Explanation:

We first lay out the national income identity in this form:

Y-C-G = I + NX

Where:

Y-C-G = National Saving

I = Investment

NX = Net exports (when NX is posivite, the economy is running a trade surplus).

National Saving = Private Saving + Public Saving  (Tax revenue minus Government spending ($400 - $300))

National Saving = $500 million + $ 100 million

National Saving = $600 million

Now we plug the amounts into the identity =

$ 600 million = I + $ 100 million

We rearrange terms

$600 million - $100 million = I

$500 million = I

So, Investment is $500 million

8 0
4 years ago
Labor demand is less elastic when: _____________
garri49 [273]

Answer:

The correct answer is B. Labor demand is less elastic when a large amount of labor is essential to the production process.

Explanation:

Inelastic demand is one that is not very sensitive to sudden changes in its quantity, even in the face of important changes in the context in which they operate, such as a change in the price if it is a product for sale, or in the working conditions or wages if you talk about labor demand.

Thus, in the case of a job in which high amounts of labor are needed, the labor demand will remain stable despite these changes, as workers will perceive that it is a position of easy access and hiring.

8 0
3 years ago
Other questions:
  • The management of the nation's natural resources is part of the responsibilities of which of the following departments?
    12·1 answer
  • Why would any company admit to having so many variables that could hurt their performance
    14·1 answer
  • Which would be most helpful when considering a large expenditure that might require repeating payments? Check all that apply.
    7·2 answers
  • Billy Bob runs a seafood restaurant. Last year he earned $50,000 in revenue. He had explicit costs of $20,000. Billy Bob could h
    7·1 answer
  • A regulatory agency that protects workers is
    7·1 answer
  • What is the correct Price Rule Setup? Universal Containers wants to apply an additional discount of 15% to the Quote when Paymen
    11·1 answer
  • The country of Arcadia has clusters of associated businesses and suppliers which include individual dye and textile manufacturin
    8·1 answer
  • Patrick and Mary wanted to become homeowners back in 2008 and applied for a loan from a mortgage lender. Patrick and Mary's comb
    10·1 answer
  • what would be the danger of predicting the number of new subscriptions for a month in which 2,000 hours were spent on telemarket
    8·1 answer
  • Compare the job of an order-taker at a fast-food restaurant, marketing manager of the telecommunication sector, police officer,
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!