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hichkok12 [17]
3 years ago
12

The Consumer Price Index A. is the ratio of the average price of a typical basket of goods to the cost of producing those goods

B. compares the cost of the typical basket of goods consumed in period 1 to the cost of a basket of goods typically consumed in period 2 C. measures the average of the prices paid by urban consumers for a fixed basket of goods and services D. measures the increase in the prices of the goods included in GDP
Business
1 answer:
zepelin [54]3 years ago
8 0

Answer:

compares the cost in the current period to the cost in a reference base period of a basket of goods typically consumed in the base period.

Explanation:

The consumer price index refers to the price change with related to the goods and services consumed by the consumer or purchased i.e foods, medicine, clothing, etc

Moreover, it also determines the changes in the price level as compare to the base year

And, there is a negative relationship between the price level and the money value.

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The market for. pizza is characterized by a downward-sloping demand curve and an upward-sloping supply curve. a. Draw the compet
Klio2033 [76]

The market for the pizza has a downward sloping demand curve which means that with the increase in the price of the pizza, the demand of the pizza will decrease but it's supply will increase.

<u>Explanation:</u>

Downward slanting demand curve implies a judicious purchaser will request to a greater degree a product when its price falls. A portion of the explanations behind. the marvel would be: Income Effect : When cost of an item falls, shopper's genuine salary rises that is he would now be able to buy a greater amount of the ware with a similar pay.

A decent with a cost far beneath what the market is eager to pay will show up toward the lower right – extremely low cost, exceptionally popularity. The costs in the middle of would then "fill in" the bend, inclining descending from the upper left to bring down right.

7 0
3 years ago
One of the benefits of a savings account is that it allows your money to grow but there is a high risk associated with it.
MrRa [10]

Answer:

There is low interest rate. There is minimum balance requirement problem. There is federal withdrawal limit.

Explanation:

4 0
3 years ago
What does respecting people’s privacy mean?<br> Which factor is a component of verbal communication?
Firdavs [7]
Sound is the most important part of verbal communication
8 0
2 years ago
While stockholders elect the board of directors of a corporation, the board of hires the president, vice president and other off
klemol [59]

The answer is directors.

<h3>What entity elects the board of directors for a corporation?</h3>
  • The corporation's stockholders elect its board of directors, but they play no other direct role in how the company is run. The board makes the important company decisions of directors.
  • The president of a corporation is chosen directly by its stockholders.
  • In addition to their duty as members of the board of directors, the officers are charged with particular duties. President As the company's chief executive officer, the president, is responsible for the following duties: Preside over board meetings. Served as the executive committee's chairman.
  • The promotion of the organization's work and the recruitment of resources to support its programs and services are some of the duties of board members.

While stockholders elect the board of directors of a corporation, the board of hires the president, vice president and other officers, who manage the corporation.

The answer is directors.

To learn more about The board of directors of a corporation, refer to:

brainly.com/question/21121907

#SPJ4

5 0
1 year ago
Q 4.24: At the end of March, Paul’s Painting hired five temporary employees to work on a project that began on April 5 and ended
Nookie1986 [14]

Answer:

At the end of March, Paul’s Painting hired five temporary employees to work on a project that began on April 5 and ended on April 28. Paul’s received 100% of the total payment for the project on May 3. In this situation, both cash basis accounting and GAAP require that Paul’s recognize the employees’ total salary expense in April.

Explanation:

A collection of accounting rules and standards usually followed, for financial reporting is known as GAAP (generally accepted accounting principles) .

For businesses, GAAP needs accrual accounting.

Accrual accounting operates on the basis of matching both revenue and expenses. Revenues and the related expenses occur concurrently, though the cash transaction concerning thereto might happen in some other period.

In the situation given in the question, the revenue from the project is earned in April, subsequently, the salary expense related to that work should also be recognized in the same period due to an accrual basis.

7 0
3 years ago
Read 2 more answers
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