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Tema [17]
2 years ago
12

Which of the following statements highlights the difference between the CPI (consumer price index) and the GDP deflator?

Business
1 answer:
Lerok [7]2 years ago
6 0

Answer:

(c)-The CPI measures the average prices of goods and services consumed by typical consumers, whereas the GDP deflator measures the average prices of all goods and services in the economy.

Explanation:

The CPI measures the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care. It is calculated by taking price changes for each item in the predetermined basket of goods and averaging them.

Ad the GDP deflator is a measure of the level of prices of all new, domestically produced, final goods and services in an economy in a year.

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2 years ago
Scott is a manager at a large electronics company. His primary role within the organization is to plan for the "people needs" of
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Answer: Human resource

Explanation:

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3 years ago
Randolph is a 30 percent partner in the RD Partnership. On January 1, RD distributes $15,000 cash and inventory with a fair valu
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Answer:

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Explanation:

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3 years ago
Which of the following is an example of institutional advertising?
timofeeve [1]

Answer:

B

Explanation:

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6 0
2 years ago
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kirill115 [55]

Answer:

Unitary variable cost= $40

Total variable cost= $800,000

Explanation:

Giving the following information:

Direct materials $ 10 per unit

Direct labor $ 20 per unit

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Fixed overhead $ 160,000

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Total variable cost= 20000units* 40= $800,000

7 0
3 years ago
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