Answer:
B. Consumer Price Index (CPI)
Inflation over the period 2008-2009: 5.85%
Explanation:
The CPI metric is a weighted average price of the goods and services which are consumed by a typical family. It is calcualte on a monthly basis and it is used to calcualte the inflation rate:
In this case:
199/188 - 1 = 0,058510638 = 5.85%
If there is a good that is consumed almost entirely by children, a significant reduction in the birth rate would <u>move its demand curve to the left</u>.
<h3>What is a demand curve?</h3>
Basically, a demand refers to the quantity of a good that consumers are willing and able to purchase at various prices during a given time. For this demand, the curve is a sort if graphical representation of the relationship between the price of a good or service and the quantity demanded for a given period of time such as a year.
When the demand curve move to the left, this indicates a decrease in demand because the consumers are purchasing fewer products for the same price. Some other causes are when Consumers spend less because the cost of living is rising or because government taxes have increased or decide to spend less and save more if they expect prices to rise in the future.
In conclusion, when there is a good that is consumed almost entirely by children, a significant reduction in the birth rate would move its demand curve to the left.
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Answer:
Bond Price = $1294.65063 rounded off to $1294.65
Explanation:
To calculate the price of the bond today, we will use the formula for the price of the bond. Assuming the bond is an annual bond, the coupon payment, number of periods and annual YTM will be,
Coupon Payment (C) = 1000 * 0.08 = 80
Total periods (n) = 18
r or YTM = 0.054 or 5.4%
The formula to calculate the price of the bonds today is attached.
Bond Price = 80 * [( 1 - (1+0.054)^-18) / 0.054] + 1000 / (1+0.054)^18
Bond Price = $1294.65063 rounded off to $1294.65
Answer:
d. Create supersedes.
Explanation:
Gene Revolution have introduced bio technologies in the food production to cater low food production and avoid pest and disease in the farming.
Gene Revolution have created fear for biodiversity by cross contamination and also deforestation have occured to increase area for Genetically modifies (GM) crops. It also created health concern for people due to GM crops. Many have not found it correct to have technological solution to the food scarcity for increasing population and climatic change.