Answer:
There are pros and cons since burger kings its a big company of burgers but in the recent years not too many people is buying more from it, so selling it would be good since it is still an important and known name
Property tax would be an example of making profit from selling a house
Answer:
Check the explanation
Explanation:
Increase in value of dollar has made the foreign steel (a major commodity used in production) cheaper for American producers.
This will reduce the cost of production of American Producers and would increase their profit-margin.
This will induce US firms to produce more and therefore there will be increase in short-run aggregate supply.
So, the given scenario will involve short-run aggregate supply curve and would shift the curve to the right.
Kindly check the attached image below to see the required graph -
1)The price from the electronics from China goes up
2)People might start buying domestically made electronics because of cheaper prices.
Answer:
None of the answers is correct:
- the CPI measures only a basket of goods and services, not all the goods and services
- the CPI measures around the whole country, not only in urban areas
- raw materials or wage rates have nothing to do with the CPI
Explanation:
The Consumer Price Index (CPI) measures the weighted average prices of a basket of goods and services (called the CPI basket). It is calculated by determining how much the nominal prices of the CPI basket changes from one year to another, or how the prices have changed using a base year and their current prices.