Answer:
SUBSTITUTION BIAS
Explanation:
The Consumer Price Index (CPI) is a measure that examines 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.
The substitution bias is a weakness in the Consumer Price Index that overstates inflation because it does not account for the substitution effect, when consumers choose to substitute one good for another after its price becomes cheaper than the good they normally buy.
Samantha decides to buy some peppermint because of the 15% inflation on the price of ginger ale, therefore, this situation is most relevant to SUBSTITUTION BIAS in the construction of CPI.
The Paleoanthropologists would have a greater interest in
the origin of the human ancestors because they focus on studying about the
ancestors of the humans with the distant past and they trace it back one by one
in order to find out an origin.
Answer:
$8.31 million and No.
Explanation:
In this question, we have to find out the present value which is shown below:
= $1 + first year value ÷ ( 1 + discount rate) + second year value ÷ ( 1 + discount rate) ^ number of years + third year value ÷ ( 1 + discount rate) ^ number of years
= $1 + $2 million ÷ (1 + 10%) + ($3 million ÷ 1.10)^2 + ($4 million ÷ 1.10)^3
= $1 million + $1.82 million + $2.48 million + $3.01 million
= $8.31 million
No the package would not worth $10 million as its present value is $8.31 million
Answer:
add all them and there u go
Explanation: so add 550,000 -2,50,000 + 3,100,000+600,000 -30% hope that helps
