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Anna35 [415]
3 years ago
8

14. Two alternative measures of the overall level of prices are a. the inflation rate and the consumer price index. b. the infla

tion rate and the GDP deflator. c. the GDP deflator and the consumer price index. d. the cost of living index and nominal GDP
Business
1 answer:
san4es73 [151]3 years ago
5 0

Answer:

c. the GDP deflator and the consumer price index.

Explanation:

Two alternative measures of the overall level of prices are the GDP deflator and the consumer price index.

The GDP deflator can be defined as a measure of the changes in prices for all of the finished goods and services produced domestically in an economy in a particular period of time, usually a year. This simply means that, the gross domestic product deflator measures the inflation in an economy.

Consumer price index (CPI) can be defined as a measure of the aggregate or average changes in price level of a weighted market basket of finished goods and services that consumers purchased over a specific period of time. The CPI is also a measure of the inflation in an economy over a specific period of time.

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Anna Garden recently opened her own basketweaving studio. She sells finished baskets in addition to selling the raw materials ne
sleet_krkn [62]

Answer and Explanation:

As per the data given in the question,

Net income per unit = sale  per unit - total cost

                       Sell of basic kit     Process stage 2 kit    Net income(inc./dec. )

Sales per unit              $22                                $34                              $12

Cost per unit  

Direct materials           $8                                  $4                                $4

Direct labor                   0                                   $11                               -$11

Total cost                     $8                                  $15                              -$7

Net income per unit(inc.)$14                           $19                               $5

5 0
3 years ago
Read 2 more answers
Duopoly quantity setting firms face the market demand P=150- Q. Each firm has a marginal cost of £60 per unit. What is the Stack
marishachu [46]
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The correct answer for the question that is being presented above is this one: "<span>ii). all risk averse decision makers will prefer lottery B to lottery A."
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8 0
4 years ago
What is the difference between an increase in supply and an increase in quantity supplied?.
lyudmila [28]

Answer:

<u>An 'increase in supply' means the supply curve has shifted to the right while an 'increase in quantity supplied' refers to a movement along a given supply curve in response to an increase in price.</u>

Explanation:

7 0
3 years ago
Question 10 of 36
lana66690 [7]

Answer:

A

Explanation:

To answer the question, we look at an extreme scenario of 0% interest rate and see the minimum repayment Jade will make on the loan taken

Therefore,

Interest Rate = 0%

This means that the loan to be paid will be calculated as follows

Monthly payments x 12 Months x 14 Years

= $195 x 12 months x 14 years = $32, 760

The meaning of this outcome is that the lower the interest rate to be paid, the higher the size of the loan, because at 2.9% the loan= $26,898.98 and at 0% rate the loan= $32, 760.

The conclusion therefore is a 2.7% interest rate which is lower than 2.9% but not as low as the extreme 0% will cause the loan amount to be higher than $26,898.98. This affirms option A.

Options B and C are wrong because 2.5% and 2.3% are lower than 2.9%, therefore, the loan amount will be higher. Option D is also wrong because a 3.1% interest rate is higher than 2.9%, therefore, the amount should be lower not higher than $26,898.98

7 0
2 years ago
A machine with a cost of $75,000 has an estimated residual value of $5,000 and an estimated life of 4 years or 18,000 hours. Wha
allochka39001 [22]

Answer:

The answer is:  $18, 750

Explanation:

The double-declining-balance(DDB) method entails computing depreciation of an asset at an accelerated rate. This method is employed when the asset loses value quickly and is expected to generate more revenue at the earlier stages of its useful life. The depreciation is higher at the beginning and lower close to the end of the asset's useful life. The depreciation is computed as follows:

Depreciation = 2 * straight line depreciation percentage * Book value at the beginning of the period

Machine cost: $75, 000

Residual Value: $5, 000

Estimated Life: 4 years/18, 000 hours

Straight line depreciation percentage : 100/4 = 25%

Depreciation Year 1 on DDB =  2 * 25% * $75, 000

                                               = $37, 500

Depreciation Year 2 on DDB =  2 * 25% * ($75, 000 -$37, 500)

                                               = $18, 750

       

4 0
3 years ago
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