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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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Logan owns a horse ranch. Logan dislikes horses, but he opened the ranch because he heard it was a lucrative business and he wan
Mama L [17]

Answer:

Logan Horse Ranch

The most accurate is:

e. None of the above are correct

Explanation:

Logan's payment to his brother, Luke, of $500 per hour, is not a reasonable business expense that can be deductible.  Surely, $500 per hour is not a going rate for cleaning the horse stalls per hour.  With Lucy doing grocery shopping for Logan, it does not resonate like an ordinary and necessary expense for the business. Therefore, options A to D are not correct.  This leaves only option E as the most accurate.

3 0
3 years ago
What is a way Virtual Reality can be used in the construction industry?.
myrzilka [38]

The way Virtual Reality can be used understand the project needs by

monitoring progress and providing inputs in the industry.

<h3>What is Virtual Reality?</h3>

This is a simulated experience which is usually similar or different from

the real world.

This helps individuals to interact with an artificial 3-D visual and is used in

entertainment and business. It helps workers to provide the necessary

input during developmental stages in the construction industry.

Read more about Virtual reality here brainly.com/question/26514873

3 0
2 years ago
Given the following data for Vinyard Corporation:
rosijanka [135]

Answer:

C

Explanation:

D / V = 1000 / 4000

Dividing 1000 by 4000 gives 0.25 = 25%

E / V = 3000 / 4000

Dividing 3000 by 4000 gives 0.75 = 75%

7 0
3 years ago
Strategic behavior is required to win a presidential election. For each example below, indicate if it is a rule, strategy, or pa
rosijanka [135]

Answer:

The Guidelines for how votes are counted and who can vote is a rule, it is backed up by the constitution as a way of directing the masses.

Choosing to campaign in states with a large number of electoral votes or so called swing states is a strategy, this involves coming up with the best approach or means to win in an election. Going to such states is a big strategy towards securing victory.

Emphasizing different messages to different voter groups is another strategy, this entails telling each of the people things that are their most needs in a bid to convince them to vote for you. It is a strategy that has always worked.

Securing endorsements and large campaign contributions is a payoff, it is an aftermath of popular acceptance by the people.

Limits on sources of fundraising and campaign contributions is a rule established by the states to encourage fair play in the electoral system or process.

Explanation:

see Answer

4 0
3 years ago
You find the following financial information about a company: net working capital = $1,005; fixed assets = $6,025; total assets
hichkok12 [17]

Answer:

$6,021

Explanation:

The computation of the company's total liabilities is shown below:-

Current Assets = Total Assets - Fixed Assets

= $8,510 - $6,025

= $2,485

Current Liabilities = Current Assets - Net Working Capital

= $2,485 - $1,005

= $1,480

Total Liabilities = Long-Term Debt + Current Liabilities

= $4,541 + $1,480

= $6,021

6 0
2 years ago
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