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Jlenok [28]
3 years ago
15

inflation can be measured by the a. percentage change in the price of a specific commodity. b. percentage change in the consumer

price index. c. change in the price of a specific commodity. d. change in the consumer price index.
Business
1 answer:
Brut [27]3 years ago
6 0

Answer:

b. percentage change in the consumer price index.

Explanation:

Inflation is the increase in the price of a commodity, it is expressed as a percent change in the price of an item. We can calculate the inflation using percentage change in consumer price index.

Consumer price index measure the percentage of change in the price of a market basket of consumer goods and services.

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The imitation based account's primary weakness is that
Kaylis [27]
The primary weakness of the imitation account is that it does not account for generatively. 
Imitation based account of belief transmission more focus on the formation of belief because of the voluntariness of imitation and the non-voluntariness of belief formation. Imitation is powerful learning mechanism.
3 0
3 years ago
What is the expected value when a $1 lottery ticket is bought in which the purchaser wins exactly $10 million if the ticket cont
Nadusha1986 [10]

We expect to lose $0.37 per lottery ticket

<u>Explanation:</u>

six winning numbers from = { 1, 2, 3, ....., 50}

So, the probability of winning:

P(win) = \frac{ no of favorable outcomes}{no of possible outcomes}

P(win) = \frac{1}{^5^0C_6} \\\\P (win) = \frac{6! X (50 - 6)!}{50!} \\\\P(win) = \frac{6! X 44!}{50!} \\\\P(win) = \frac{1}{15,890,700}

The probability of losing would be:

P(loss) = 1 - P(win)

P(loss) = 1 - \frac{1}{15,890,700} \\\\P(loss) = \frac{15,890,699}{15,890,700}

According to the question,

When we win, then we gain $10 million and lose the cost of the lottery ticket.

So,

$10,000,000 - 1 = $9,999,999

When we lose, then we lose the cost of the lottery ticket = $1

The expected value is the sum of the product of each possibility x with its probability P(x):

E(x) = ∑ xP(x)

= 9,999,999 X \frac{1}{15,890,700}  + ( -1 ) X \frac{15,890,699}{15,890,700} \\\\=- \frac{5,890,700}{15,890,700} \\\\= - \frac{58,907}{158,907} \\\\= - 0.37

Thus, we expect to lose $0.37 per lottery ticket

7 0
3 years ago
Internal users of financial information: Multiple Choice Are not directly involved in operating a company. Are those individuals
Fudgin [204]

Internal users of financial information Are those individuals involved in managing and operating the company.

Answer: Option (B) is correct.

Explanation:

Internal users are people inside the organization. Internal users of financial information are those who are directly involved in managing and operating the organization. They make use of the information to improve the efficiency and effectiveness of an organization.

Internal users consist of all managers like purchase managers, human resource managers, marketing managers, service managers, etc. it consists of employees and the owner of a concern. Internal users take various important decisions based on financial information.

3 0
3 years ago
A firm commitment arrangement with an investment banker occurs when the: issue is solidly accepted in the market as evidenced by
Elina [12.6K]

Answer:

A firm commitment arrangement with an investment banker occurs when an investment banker buys the securities for less than the offering price and accepts the risk of not being able to sell them.

The correct option is B.

Explanation:

A firm commitment arrangement happens when an investment banker buys the securities for less than the offering price and accepts the risk of not being able to sell them.

However, the issuer receives a little less money than the offering price but he gets a specific amount for all the security being issued. The risk rests completely on the investment banker.

Therefore, the correct option is B.

6 0
3 years ago
Which of the following is true about corporate cultures?a. Corporate cultures are not influenced by the people comprising that o
vladimir1956 [14]

Answer:

Corporate cultures can hinder individuals in making the "right" decisions.-c.

6 0
3 years ago
Read 2 more answers
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