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Elena L [17]
3 years ago
7

Which of the following is a problem associated with using a "market basket" approach to calculate the CPI? a. Different people h

ave different estimates of future inflation b. New goods and the quality of the goods change over time c. The velocity of money is not constant d. Changing prices result in an inconsistent and/or inaccurate estimate of inflation
Business
1 answer:
mariarad [96]3 years ago
5 0

Answer:

The correct answer is letter "D": Changing prices result in an inconsistent and/or inaccurate estimate of inflation.

Explanation:

The Consumer Price Index or CPI is considered the benchmark inflation guide for the U.S. economy. It uses a basket-of-good approach that aims to compare a consistent base of products from year to year. Focusing on products that are bought and used by consumers daily.  

<em>The drawback of the CPI is the gap between the time in which information about those prices are collected and the time the CPI is useful to assess. Typically the prices are obtained monthly or bimonthly against the report of the CPI done each quarter or yearly. As CPI is one of the main measures of inflation, the previously explained could lead to inaccurate estimations of inflation.</em>

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The human resources department of Mevertyn, a public relations firm, decided to stop giving meal coupons to the employees who co
ahrayia [7]

Answer:

D) Reinforcement theory

Explanation:

Reinforcement theory of motivation states that individuals tend to repeat the actions having positive consequences and would avoid the actions having harmful consequences.

In the above case the Mevertyn would not give meal coupons to employees who come late to office. It should motivate employees to come in time to office to get reward in form of meal coupons or to avoid punishment in form of getting no meal coupons.

7 0
4 years ago
The chief distinguishing factor of a corporation is its 1.________ . An investor who purchases stock in a corporation becomes a
elena-14-01-66 [18.8K]

Answer:

1. Limited liability

2. Shareholder

The concept of limited liability is one of the main characteristics of a corporation. Limited liability means that the owners are responsible for the debts of the company only to the extent of the money they've contributed to the company.

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6 0
3 years ago
Informally, each tuple in a relation should represent one entity or relationship instance.
Burka [1]

Answer:

The answer is option A) Attributes of different entities should not be mixed in the same relation.

Explanation:

A tuple is a set of attribute values in which no two distinct elements have the same name. Thus, in some accounts, a tuple is described as a function mapping names to values.

An attribute value is an attribute name paired with an element of that attribute's domain.

Informally, each tuple in a relation should represent one entity or relationship instance.

Therefore, attributes of different entities should not be mixed in the same relation.

3 0
3 years ago
The marine corps, while also steeped in tradition and focused on the individual marine, prides itself on its quick responsivenes
Murljashka [212]

The Marine Corps refer to the United States Marines Corps, a branch of the U.S. Army who is responsible for conducting expedition and amphibious operations with multiple branches of the military, which includes the Navy, Army, and the Air Force.

The answer to the question is size and capacity vs. speed and flexibility.

7 0
3 years ago
Read 2 more answers
Use the supply schedule below to answer the questions that follow.Supply of Flower Bouquets
Viefleur [7K]

Answer:

75 bouquets

Decrease 50

Explanation:

Supply is the amount of goods and services supplied at different prices.

According to the law of supply, the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.

B. According to the table provided, when price was $30, 75 bouquets were ordered but when price was $20, 25 bouquets were ordered.

the supply would decrease by 75 - 25 = 50

6 0
4 years ago
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