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dezoksy [38]
2 years ago
8

Suppose the consumer price index (cpi) for year x is 130. this means the average price of goods and services is:______.

Business
1 answer:
Leona [35]2 years ago
6 0

Suppose the consumer price index (cpi) for year x is 130. this means the average price of goods and services is <u>Prices have increased by 30% from the base year to the current year.</u>

The consumer price Index measures the overall change in patron charges primarily based on a representative basket of goods and offerings through the years. The CPI is the maximum widely used measure of inflation, closely followed by means of policymakers, financial markets, organizations, and purchasers.

The CPI is one of the most commonly used equipment to measure inflation and deflation. Inflation is a vital indicator of an economic system's fitness. Governments and central banks use the CPI and different indices to make monetary selections. The key amongst these is whether or not to raise or lower interest fees.

A consumer price index is a rate index, the price of a weighted average market basket of customer items and services bought through households. Changes in measured CPI track adjustments in costs over the years.

Learn  more about the consumer price index here brainly.com/question/27491456

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Spielberg Company's general ledger shows a checking account balance of $22,970 on July 31, 2021. The July cash receipts of $1,88
zhuklara [117]

Answer:

Debit Balance as per Cash Book - i - ii + iii = Credit Balance as per Passbook.

Explanation:

Bank Reconciliation Statement is a statement drawn at the end of accounting period, to adjust the mismatch between bak balance as per cashbook & passbook.

Debit Balance as per Cash Book = $ 22970

Less : Receipts added in cashbook, but not passbook = (1885)

Less : Bank service fee deducted from passbook, not cashbook = (55)

Add : Cheques written but not deducted from passbook = 1460

Credit Balance as per passbook = $ 22490

3 0
4 years ago
Eddy Jones Pottery produces serving bowls among other items. If they reengineer their automated equipment, a serving bowl can be
Ganezh [65]

Answer and Explanation:

Old equipment=2.5 mins per serving bowl

New equipment=1.5 mins per serving bowl

With old equipment, in one hour Eddy Jones can produce 60/2.5= 24 serving bowls

With new equipment, in one hour Eddy Jones can produce 60/1.5= 40 serving bowls

With old equipment, in 8 hours Eddy Jones can produce 24*8=192 serving bowls

With new equipment, in 8 hours Eddy Jones can produce 40*8=320 serving bowls

Therefore in 8 hours with new equipment Eddy Jones will produce 320-192= 128 more serving bowls than with old equipment.

5 0
3 years ago
If an insured has a Life Paid-Up at 75 Policy (a limited-pay life paid-up at age 75), what would the beneficiary receive if the
vladimir2022 [97]

Answer: The beneficiary will receive the full-face value of the policy.

Explanation: A life insurance policy is an insurance policy that covers the life of the insurer in the case of an untimely death. There are different types of life assurance policies.

A life paid up at 75 policy is a type of life assurance policy that covers the insurer up to the age of 75 years. if the insurer now dies before attain the age of 75 years, the face value of the policy will be paid to his beneficiary while if he lives above age 75 years, the policy ceases.

3 0
4 years ago
Lindsay​ Electronics, a small manufacturer of electronic research​ equipment, has approximately 6 comma 800 items in its invento
Gala2k [10]

Answer:

100 items need to be counted each day.

Explanation:

Of the 6,800 items, 544 are A items (0.08 * 6,800), 2,244 are B items (0.33 * 6,800) and 4,012 are C items (0.59 * 6,800). If you want to count every day the same number of items, you have to divide the number of items A, B and C for the days between being counted twice. So, if you have to count each day a number of items A, the amount is 544/19 working days, that is 28.6315789. The same with B (2,244/60 = 37.4) and with C (4,012/118 = 34). Each day, you have to count 28.63 A plus 37.4 B plus 34 C. 28.63+37.4+34=100.03.

6 0
4 years ago
Nitrous oxide (N20) is also called "laughing gas." It can be prepared by the thermal decomposition of ammonium nitrate(NH4NO3).
katrin [286]

Answer:

(a) 2NH4NO3 = 2N2O + 4H2O

(b) 20.24 grams

Explanation:

(a) 2 moles of ammonium nitrate decomposes to form to 2 moles of nitrous oxide and 4 moles of water.

(b) From the equation of reaction,

2 moles of NH4NO3 are used up to form 2 moles of N2O

0.46 mole of NH4NO3 would yield 0.46 mole of N2O

Mass of N2O formed = number of moles × MW = 0.46 × 44 = 20.24 grams

6 0
3 years ago
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