1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Olegator [25]
3 years ago
7

Which of the following is not correct? a. The consumer price index gives economists a way of turning dollar figures into meaning

ful measures of purchasing power. b. The consumer price index is used to monitor changes in the cost of living over time. c. The consumer price index is used by economists to measure the inflation rate. d. The consumer price index is used to measure the quantity of goods and services that the economy is producing.
Business
1 answer:
Marina CMI [18]3 years ago
5 0

Answer:

The consumer price index is used to measure the quantity of goods and services that the economy is producing.

Explanation:

CPI  or consumer price index is a measure of changes in the average prices of a basket of products and services in a given time. The selected goods and services are a fair representation of consumption expenditure in the economy. Economists use the CPI as a Macroeconomic indicator of inflation.

As a measure of inflation, the CPI statistics communicate increases or decreases in the prices of goods and services in the economy. It forms a basis for policy decisions by the government that aid in the prevention of reduced purchasing power of the dollar.  CPI is all about changes in prices and nothing to do with the production of goods and services.

You might be interested in
Proper use of child safety seats reduces
levacccp [35]
It gives the child more protection so like say we didn't have seat belts then you got into a car accident then you would fly forward and if you had a seatbelt it wouldn't make you fly forward
7 0
3 years ago
Read 2 more answers
A manufacturing company has been inspecting units of output from a process. Each product inspected is evaluated on five criteria
laila [671]

Answer:

3,300 defects

Explanation:

If there are 5 defect opportunities per unit, and 2,000 units were inspected, the number of defects per opportunity observed was:

DPO = \frac{33}{5*2,000}\\DPO=0.0033

Therefore, the number of defects per 1 million opportunities (DPMO) is:

DPMO = 0.0033*1,000,000\\DPMO = 3,300

The number of defects per 1 million opportunities (DPMO) for this process is 3,300.

7 0
3 years ago
Supervisors counting cash receipts daily is an example of:.
netineya [11]

Answer:

Independent internal verification

Explanation:

3 0
2 years ago
I need to know the list of richest people in south korea! Also, I would like to know how much money steve jobs owned. thank you
olganol [36]
Look at the inthernet Good homeworks
7 0
3 years ago
A nonprofit government corporation is considering two alternatives for generating power. The useful life of both alternatives is
kondaur [170]

Answer:

Note <em>The full question is attached as picture below</em>

<em />

a. B-C ratio = Equivalent annual worth of Benefits / Equivalent annual worth of costs

<u>Alternative A</u>

B-C ratio = Equivalent annual worth of Benefits for alternative A / Equivalent annual worth of costs for alternative A

B-C ratio = (Power Sales + Annual benefits from new industry) / ((Capital cost * Annuity factor(5%,50 years)) + Operating and maintenance costs costs)

B-C ratio = ($1,000,000 + $500,000) / (($20,000,000*(0.05 / (1 - 1.05^(-50))) + $200,000)

B-C ratio = ($1,500,000 / ($1,095,534.71 + $200,000))

B-C ratio = $1,500,000 / $1,295,534.71

B-C ratio = 1.1578

B-C ratio = 1.16

<u>Alternative B</u>

B-C ratio = Equivalent annual worth of Benefits for alternative B / Equivalent annual worth of costs for alternative B

B-C ratio = (Power Sales + Sum of all Annual benefits) / ((Capital cost*Annuity factor (5%,50 years)) +  Operating and maintenance costs costs)

B-C ratio = ($800,000 + $600,000 + $400,000 + $200,000 + $100,000) / ($30000000 *(0.05/(1-1.05^(-50))) + $100,000)

B-C ratio = $2,100,000 / ($1,643,302 + $100,000)

B-C ratio = 1.2046

B-C ratio = 1.20

Conclusion: Alternative B should be selected because it has higher B/C ratio.

b Incremental B-C ratio for final pair = (Equivalent Annual Benefits of B - Equivalent Annual Benefits of A) / (Equivalent annual costs of B - Equivalent annual costs of A)

Incremental B-C ratio for final pair = ($2,100,000 - $1,500,000) / ($1,743,302 - $1,295,534.71)

Incremental B-C ratio for final pair = $600,000 / $447,767.29

Incremental B-C ratio for final pair = 1.339982

Incremental B-C ratio for final pair = 1.34

3 0
3 years ago
Other questions:
  • Lucy Sportswear manufactures a specialty line of T-shirts using a job-order cost system. During March, the following costs were
    11·1 answer
  • Suppose that country a has higher real income per capita than country
    8·1 answer
  • What is one example of how a government exhibits limited influence in a market economy?
    11·1 answer
  • My question is below. PLEASE HELP ASAP!!! THANKS ;)
    8·1 answer
  • When marketing managers attempt to identify "Key Success Factors" they typically are engaged in the _________________ component
    8·1 answer
  • Michael's, Inc., just paid $2.60 to its shareholders as the annual dividend. Simultaneously, the company announced that future d
    11·1 answer
  • Barclay Bikes manufactures and sells three distinct styles of bicycles: the Youth model sells for $420 and has a unit contributi
    5·1 answer
  • Knapp Industries began business on January 1, 2018 by issuing all of its 1,550,000 authorized shares of its $1 par value common
    13·1 answer
  • Why might someone choose to diversify their investments?
    11·1 answer
  • Suppose a gardener produces both tomatoes and squash in his garden. If he must give up 8 bushels of squash to get 5 bushels of t
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!