What does the consumer price index measure? B. the change in prices of specific goods and services over time. The consumer price index is also know as the CPI when reffering to this calculation. The CPI measures the weighted items of specific consumer goods and services by averaging them overtime. The CPI allows for comparison of the same products that consumers use on a daily basis and see how much they are using each year. This lets us know how the economy is doing as it relates to inflation. Inflation is the increase in prices and decline of the purchasing value of money in an economy.
Answer: Boldovia will experience greater vacation in real GDP than Molfovia.
Explanation:
Boldovia will experience higher vacation in real gross domestic product (GDP) than Moldovia because Boldovia does not have automatic stabilizers while Moldovia has automatic stabilizers.
In Moldovia the effects of slump will be reduced by the unemployment insurance benefits, this will support residents incomes, and the effects of booms will be reduced because the tax revenues will rise. In Boldovia, incomes will not be supported during the period of slumps because of no unemployment insurance.
Answer:
Cost per equivalent unit of materials = $1.28
Explanation:
Materials Cost = $55,040
Number of completed units = 40,000
Total units for material = 40,000 + 3,000 = 43,000 units
Cost per equivalent unit of materials = $55,040 / 43,000
Cost per equivalent unit of materials = $1.28
<span>False. The market for digital cable does not
exhibit the two primary characteristics that define perfectly competitive
markets. A perfectly competitive market is a theoretical market structure
because the firms have to meet specific criteria to be considered a perfectly
competitive market. The firms have to sell the same product (which digital
cable varies in what packages and channels they offer), they need to set the
same price and they are unable to allow the market shares to determine their
prices. </span>
