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AlladinOne [14]
3 years ago
6

If a country had a CPI of 91.0 last year and a CPI of 90.0 this year, then

Business
1 answer:
Sergio039 [100]3 years ago
6 0

Answer 1: The Correct answer is C) the average prices of goods and services decreased between last year and this year.

CPI stands for consumer Price Index. Also known as the 'basket' the index is developed by national governments to monitor the prices of basic goods and services used by the population.

This has to include basic items that the majority of population uses every day e.g. milk, chicken, electricity etc.

In this case, the CPI had decreased from 91.0 to 90.0 which means the prices fell.

Answer 2: The correct answer is A) 3.6%

The formula to calculate unemployment rate is:

No. of unemployed ÷ No. of Working People x 100

In this case, it was 9 million divided by 250 million x 100

3.6% unemployment rate is actually very less for an economy and is an indicator that the economy is doing well and creating enough jobs for most people. A high unemployment rate signals a worsening economy.

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Which is a reason why it is important to organize information before preparing a business report?
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2 years ago
The following information is available from the adjusted trial balance of the Harris Vacation Rental Agency. After closing entri
zvonat [6]

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e. $104,000.

Explanation:

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where,

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You have been assigned the task of using the corporate, or free cash flow, model to estimate Petry Corporation's intrinsic value
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