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podryga [215]
1 year ago
14

Suppose a market basket of goods and services costs $400 in the base year and the consumer price index (cpi) is currently 125. t

his indicates the price of the market basket of goods is now:_____.
Business
1 answer:
Zigmanuir [339]1 year ago
5 0

Suppose a market basket of goods and services costs $400 in the base year and the consumer price index (cpi) is currently 125. This indicates the price of the market basket of goods is now <u>$275</u>.

Inflation is a boom within the standard fee stage. The respectable inflation price is tracked with the aid of calculating changes in a degree called the consumer price index (CPI). The CPI tracks modifications in the cost of residing through the years. Like different financial measures it does a quite precise job of this.

The consumer price index is referred to as that index that is utilized in calculating the retail inflation within the economic system by monitoring the modifications in costs of most normally used goods and services. In other words, the patron charge index calculates the changes in the rate of a common basket of products and offerings.

The CPI tracks the change in retail fees of products and offerings which families buy for or their daily intake. To degree inflation, we estimate how a great deal CPI has accelerated in terms of percentage change over the identical length of the preceding 12 months. If expenses have fallen, it is referred to as deflation (negative inflation).

Learn  more about the consumer price index here brainly.com/question/1889164

#SPJ4

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MissTica

Answer:

The answer is C.

Explanation: Drill-down capability refers to the capability necessary to achieve a goal such as a desired level of output. It enables users to get details, and details of details, of information, and it also involves the aggregation of information and features simple roll-ups to information that are complex and interrelated.

What this means is that, Drill down is a capability that takes the person who needs information from a more general view of the data to a view that is more specific and precise. For example, when there is a report that shows sales revenue by state can allow the user to select a specific state, click on it and see sales revenue by county or city within that particular selected state.

6 0
4 years ago
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The ___________ remains the most important consumer buying organization in american society and has been researched extensively.
Elanso [62]
The family remains the most important consumer buying organization american society and has been researched extensively. Hope this helps, good luck.
4 0
3 years ago
The market demand curve A. is found by vertically adding the individual demand curves. B. represents the sum of the quantities d
timama [110]

Answer:

B. represents the sum of the quantities demanded by all the buyers at each price of the good

Explanation:

The market demand curve is found by horizontally adding the individual demand curves.

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I hope my answer helps you

5 0
3 years ago
Les Stoker, a broker who practices nonexclusive single agency, has a client who is determined to buy one of Stoker's in-house li
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Answer: No.

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Even though Stoker obtained this information after terminating the agency with the buyer, he cannot share it with the seller as in this case, it seems that the full effect of the changed relationship isn't understood by the buyer-customer.

It's essential for the broker to make sure that certain the former client understands the meaning of the situation at hand.

3 0
3 years ago
Shipp, inc. manufactures a product requiring two pounds of direct material. during 2016, shipp purchases 24,000 pounds of materi
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Answer: $8

Explanation:

Required amount of Raw material for each unit of the product = 2 pounds

Therefore, for 12,000 units of product,

raw material required equals :

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Therefore, Standard cost of 24,000 pounds of material equals :

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Therefore, the standard direct material cost per unit of finished product is $8

3 0
3 years ago
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