All categories

4 years ago

Suppose that 1983 is the base year for the consumer price index (cpi) and in 2014 the cpi was 220. what does this "220" mean?

1 answer:

8 0

CPI refers to a weighted average of the price of a basket of essential goods and services over a period of time in comparison to the same period in the past (base period). The value of '220' means that prices of the goods/services in the aforementioned basket are 120% higher than they were during the base period (1983). The purpose of calculating this metric is to highlight the effect of inflation on the purchasing power of the people within that particular place. Examples of goods and services that are often included in this basket are food, housing transport and healthcare (based on the consumer habits of that particular place.

You might be interested in

Donna and Matthew share an office. Donna was balancing her checkbook when she was called

umka21 [38]

Answer:

yess

Explanation:

8 0

3 years ago

Read 2 more answers

You are trying to convince a group of volunteers to show up at the library for their scheduled hours of work. Unfortunately, peo

Schach [20]

it was punishment for them

3 0

3 years ago

A property manager can refuse to rent to applicant Mike for any of the following reasons except which? Mike has changed jobs six

bezimeni [28]

Answer:

He is married with two children

Explanation:

Types of Real Estate property

1. Industrial

2. Commercial

3. Agricultural

3. Special-purpose

4. Recreational

5. Investment etc.

Four types of tenancies.

They includes;

1. Term for years (or fixed term)

2. Periodic tenancy

3. Tenancy at will

4. Tenancy by sufferance

Leasehold

This is often called rent. It is an estate in a land that gives the tenant the large(exclusive) right of possession for the time period (duration) of the lease.

There are several reasons why a property owner may deprave a tenant or someone from renting a particular house or place but not because of marriage or children.

Lease may contain a list of certain prohibited activities on or about the rented premises such as:

(1) Pet on Property

(2) Smoking-

(3) Commercial activities

(4) Number of occupants-

7 0

3 years ago

During the months of January and February, Solitare Corporation sold goods to three customers. The sequence of events was as fol

Assoli18 [71]

Answer:

Total revenue to be reported by Solitare over the two months is $249.

Explanation:

Total revenue from:

Sale to Wizard Inc. = $160

+ Sale to Spyder Corp. = $89

Total revenue = $249

Solitaire will have to recognize sales discount from the early payment by Wizard Inc. on January 14, which was 8 days from the date of sale (January 6). Based on Solitaire's credit term to Wizard Inc., Wizard Inc. is entitled to a 2% sales discount upon payment within the 30 days from date of sale.

Sales discount to Wizard Inc. = $160 x 2% = $3.20

This will be deducted to the total revenue to arrive at a net revenue of $246 ($249 - $3.2)

3 0

3 years ago

Professional real estate trade associations and state real estate Commissions help guide real estate licensees in the practice o

zubka84 [21]

The real estate associations and Commissions help to guide the real estate licensees by creating the code of ethics.

Code of ethics refers to those set of principles which are required to guide professionals in the conduct of their business with integrity.

The real estate associations and Commissions help to guide the real estate licensees by creating the code of ethics.

The Realtors' Code of Ethics is divided into three major sections which includes:

Duties to Clients and Customers
Duties to the Public
Duties to Realtors.

Therefore, the Option A is correct.