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bazaltina [42]
4 years ago
11

Suppose the price index was 110 in 2004, 120 in 2005, and 125 in 2006. Which of the following statements is correct? a. The econ

omy experienced inflation between 2004 and 2005 and between 2005 and 2006. b. The inflation rate was positive between 2004 and 2005, and it was negative between 2005 and 2006. c. The inflation rate was higher between 2005 and 2006 than it was between 2004 and 2005. d. All of the above are correct.
Business
1 answer:
Rus_ich [418]4 years ago
7 0

Answer:

Option (a) is correct.

Explanation:

Given that,

Price index in the year 2004 = 110

Price index in the year 2005 = 120

Price index in the year 2006 = 125

Inflation rate refers to the rate at which the prices of goods increases from one year to the other.

Consumer price index indicates the inflation in a particular year.

Inflation between 2004 and 2005:

= (Price index in the year 2005 - Price index in the year 2004) ÷ Price index in the year 2004

= (120 - 110) ÷ 110

= 10 ÷ 110

= 0.0909 or 9.09%

Inflation between 2005 and 2006:

= (Price index in the year 2006 - Price index in the year 2005) ÷ Price index in the year 2005

= (125 - 120) ÷ 120

= 5 ÷ 120

= 0.0417 or 4.17%

Therefore, the inflation between 2004 and 2005 is higher than the inflation between 2005 and 2006.

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question 5 mr. porter sells 10 bottles of champagne per week at a price of $100 per bottle. he can sell 11 bottles per week if h
Natali5045456 [20]

As per the given data, there is An increase of $90  and a decrease of $100.

( bottle cost 90x10 =900 and 90x11=990; increase of $90)

(Total Revenue: 100x10=1000 , 90x10=900; difference is 100)

<h3>What is revenue?</h3>

While doing any kind of business, a person always invests some money and tries to generate a profit. This can be done with the help of operations calculations.

After an average sale that has been done. This kind of work or activity is done in the case of revenue. One can easily calculate the revenue by putting the given value into the formula.

Thus, in the case of Mr. Potter, after selling 11 bottles per week, the total revenue will be a difference of a hundred dollars.

Learn more about revenue from here:

brainly.com/question/8645356

#SPJ4

7 0
2 years ago
Which of the following would likely result from a Malaysian quota on peanuts imported from the United States? The price of peanu
kolbaska11 [484]

Answer:

<em>The price of peanuts would increase in Malaysia.</em>

Explanation:

Almost all countries of the world are involved in building trade relationships because not every crop or product can be grown in a single company.

A country rich in an item tends to export the extra amounts of that particular product. In exchange, it might import other products which have a short production rate in its own countries.

<u><em> But as we all know, the prices of the imported items are often higher as compared to the local products of a country.</em></u>

Hence, in the scenario mentioned in the question, it is most likely that Malaysia will increase its prices of peanuts imported from United States.

8 0
3 years ago
Which questions should someone ask when deciding whether to lease or buy a car? Check all that apply.
IgorLugansk [536]
Will I use it more than the allowed lease mileage?
- If you do, it will be better to buy a car 
<span>How long do I want the car?
- If you only need it for a short amount of time, you should lease the car
How much do I want to spend?
- If the amount you want to spend is less than the cost of a car, than, you will lease a car instead
How much do I like the car’s options?
- There are more options when buying a car than when leasing.


hope this helps

The "will my family like the car?" is an opinion, and usually would not have to do with leasing a car. (and it also states that you have a family)

hope this helps</span>
8 0
3 years ago
Read 2 more answers
Estimate of total percentage of total outstanding stocks globally held unhedged on the trading books of top investment bank deal
Usimov [2.4K]

Answer:

To estimate the total percentage of total outstanding stocks globally held unhedged on the trading books of top investment bank dealers, is the number of issued shares minus the number of shares held in the banks´ treasury, or the number of stocks outstanding, without considering the float.

Explanation:

The float or stock shares outstanding not held by individuals or associated corporations, percentage of 10% to 20%, is considered low and it means that the amount of available shares is not high. This percentage also gives you the idea on the stocks´ volatility.

4 0
3 years ago
You have been offered an investment that will pay you a lump sum of $30,000 25 years from today, along with a payment of $1,000
leva [86]

Answer:

$5,793.40

Explanation:

The amount you invest is called the Principle Value (PV). Therefore the question requires us to determine the Principle Amount that will pay you a lump sum of $30,000 25 years from today.

<em>FV = $30,000</em>

<em>N = 25</em>

<em>PMT = ($1,000)</em>

<em>P/Yr = 1</em>

<em>I = 6 %</em>

<em>PV = ?</em>

Using a Financial Calculator to input the values as shown above, the Principle Value (PV) is calculated as $5,793.40.

Therefore, you will be willing to invest $5,793.40 today to have this investment in your portfolio

6 0
3 years ago
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