Answer: The answer is as follows:
Explanation:
Given that,
Output in 1984 = 7,000 buckets of chicken
Price in 1984 = $10
Output in 2005 = 22,000
Price in 2005 = $16
(1) GDP price index for 1984, using 2005 as the base year:
= 
= 
= 62.5
(2) Price level, as measured by this index, rise between 1984 and 2005:
Percentage change in the price level = 
= 
= 60%
(3) Real GDP for t year = Base price × Quantity in t year
Real GDP in 1984 = Quantity in 1984 × Price in 2005
= 7,000 × 16
= $ 112,000
Real GDP in 2005 = Quantity in 2005 × Price in 2005
= 22,000 × 16
= $ 352,000
The given statement " If the CPI rises at 5% per year, then every individual in the country needs exactly a 5% increase in their income for their standard of living to remain constant" is FALSE
Explanation:
The CPI is also considered an indicator of cost of living, but varies from a full calculation of cost-of-living in important ways. A living-cost index will calculate adjustments over time to the value spent by households in order to achieve a given degree of utility or living standard.
Changes in the customer buying habits are taken into account in the new BLS process. When there is no improvement in customer behaviour, the simplistic analysis given would suggest that the CPI measured is 10%. It is the same outcome as the approach Williams uses with set baskets.
If buyers adjust their buying habits and replace FM absolutely with TS, however, the CPI is 0 percent. When buyers minimize their FM buy-out by 50% and then buy TS, the CPI computed by the BLS would be 5%.
She must babysit for 27 hours.
60 x 3 = 180 (3 nights)
350 (Airfare)
+375 (food)
-------
905
- 500 (Savings)
-------
405 / 15 = 27 hours needed
(An hour)
Companies can assist in the development of a community that is going through an education crisis with investments in education, such as educational programs, subsidies and support to educational institutions.
<h3 /><h3>What is CSR?</h3>
It corresponds to an acronym for corporate social responsibility, which are means that companies use to attest to their social and environmental responsibility in a strategic way, instituting programs and investments in the local community, to generate value for the brand through the positive perception of stakeholders.
Consumers are increasingly interested in consuming from companies with positive practices for socio-environmental development that go beyond legal requirements, which is a relevant competitive advantage.
Therefore, CSR aims to institute continuous improvement in the organization, waste reduction, relationship creation and quality in its internal and external processes.
Find out more about CRS here:
brainly.com/question/1373962
#SPJ1
Answer:
multiplier effect
Explanation:
Based on the information provided within the question it can be said that this sequence of events illustrates the concept of a multiplier effect. In the context of economy, this effect demonstrates the increase in national income and consumption when an economy experiences an increase in spending. Such as is demonstrated in the scenario, as the government buys the weapons it causes a chain of spending which allows money to flow and reach employees who receive that money as income and also spend more.
