Because there isn't one single measure of inflation, the government and researchers use a variety of methods to get the most balanced picture of how prices fluctuate in the economy. Two of the most commonly used price indexes are the consumer price index (CPI) and the GDP deflator. The CPI for this year is calculated by dividing <u>the value of all goods and services produced in the economy this year </u>using <u>this year's prices</u> by the<u> value of all goods and services produced in the economy this year</u> using <u>the base year's prices</u> and multiplying by 100. However, the GDP deflator reflects only the prices of all goods and services bought by the consumers.
<u>Explanation:</u>
GDP is the gross domestic product of a country which specifies the level of growth of the country. The value of the goods and the services of the country produced by the people of the country are all reflected in the gross domestic product of the country.
Greater the rate of GDP is of a particular country, higher would be the growth of the country. It is also used as a measure of comparison of the growth rate of the country.
Answer:
b. $290,000
Explanation:
The computation of the cash flows from operating activities to be reported on the statement of cash flows is shown below:
= Net income reported on the income statement + decrease in account receivable
where,
Net income reported = $280,000
And, the decrease in account receivable is $10,000 ($70,000 - $80,000)
So, the cash flow from operating activities
= $280,000 + $10,000
= $290,000
The decrease in account receivable implies that more cash is come so it would be added and the same is shown above
The answer is A. The subsidiary borrows money from Hong Kong banks
I believe the answer might be b and c:
Protective tariffs<span> are a tool countries use to protect domestic industries. They can take the form of taxes, duties, fees, or other restrictions on imported goods. The purpose of </span>protective tariffs<span> is to foster the growth of local industries and protect them from a flood of cheap foreign goods. </span>
Answer:
A) attempt to cure the defect
Explanation:
In this scenario Grange Co-op is recieving high quality seed from Fruited Plain. Only half of the high quality seed is available, the other half is made up of lower quality seed that is half the price of the higher quality one.
Since time for performance is not yet expired the best option for Fruited Plain is to attempt to cure the defect in the lower quality seeds and make them high quality.
They also have a lower cost of half what would have been spent on the remaining seeds. This fund can be used to cure the defect in lower quality seeds