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Veronika [31]
3 years ago
12

If the cost of a market basket is $200 in year 1 and $230 in year 2, the price index for year 2 using year 1 as the base is: A.

200 B. 115 C. 100 D. 130
Business
1 answer:
siniylev [52]3 years ago
6 0

Answer:

 B. 115 

Explanation:

The price index calculates changes in the prices paid by consumers for a basket of goods and services over a period.

Price index = (Cost of basket in a given year / cost of basket in the base year) × 100

230 / 200 = 1.15 × 100 = 115

I hope my answer helps you

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The correct answer is (C)

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Which of the following islare true using the specific, economic, definition
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II. A person is unemployed when they do not have a job, are able to work, and are actively looking for a job.

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A publisher reports that 55% of their readers own a particular make of car. a marketing executive wants to test the claim that t
Dominik [7]

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The hypothesis is:

Null hypothesis : P = 0.55

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We then need to find the test statistic:

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= (0.46 - 0.55) / √(( 0.55 x ( 1 - 0.55)) / 200

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= P( Z < -2.56) + P(Z > 2.56)

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The Marketing executive was correct.

Find out more on the null and alternate hypothesis at brainly.com/question/25263462

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2 years ago
Calculate the average growth rate. (Enter your answer as a percentage, rounded to 2 decimal places, using intermediate calculati
KIM [24]

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Dividend growth model is used to calculate the stock price based on the dividend growth.

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