1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
GREYUIT [131]
3 years ago
7

A consumer price index of 160 in 1996 with a base year of 1982-1984 would mean that the cost of the market basket

Business
1 answer:
Ann [662]3 years ago
7 0

Answer:

A. rose 60% from the cost of the market basket in the base year.

Explanation:

The base year of 1982-1984 represents a 100 value for the index, and anything above it, is an over 100 value.

A 60% rise in 12 years (1984 to 1996) represents an average inflation rate of 5% every year, a bit high, but still within a moderate range.

The formula to find the adjusted consumer price index is:

Adjusted CPI = (CPIn / CPIb) - 1

Where:

CPIn = consumer price index in selected year (in this case 1996)

CPIb = consumer price index in base year (in this case 1982-1984)

You might be interested in
According to Brooks's article, what was the main effect of entrepreneurship in China?
kirza4 [7]

The correct answer is A. Poverty noticeable declined.

According to Brooks article many entrepreneur are interested in security in jobs.

China is the most entrepreneurial country in the world.

There is Internet entrepreneurs and in mobile technology sectors.


4 0
3 years ago
Read 2 more answers
Roger is currently in the hospital, having been diagnosed with terminal cancer. Roger would like Kim, a close friend, to make an
Kisachek [45]

Answer:

The correct answer is letter "E": a durable power of attorney.

Explanation:

A power of attorney is a document stating another party is legally right to act on an individual's behalf. As soon as the individual is capable to handle business, the power of attorney loses validity.  

A durable power of attorney, instead, is used when the individual delegating power to another party has knowledge of being impaired soon and possibly is not going to recover. Thus, the durable power of attorney will be valid since the individual cannot handle business until the moment of his or her decease. During that time, the selected party is right to make health and finance decisions on behalf of the individual.

5 0
3 years ago
Which system gives you the most economic freedom?
Dennis_Churaev [7]

Answer:

Singapore

Explanation:

4 0
3 years ago
Which of the following is true of performance management? Select one: a. It focuses on analyzing employee performance by groupin
xxTIMURxx [149]

Answer: The following is true of performance management:  <em><u>It focuses on analyzing employee performance by grouping them into predefined frequencies of performance ratings.</u></em>

Performance management are predefined activities that check whether the short term and long term goals are achieved in an effective and cost-effective manner. It also focus on the performance of an organization, a sector, an worker, or the activity.

<u><em>Therefore, the correct option is (a.)</em></u>

7 0
3 years ago
Capital structure decisions include determining:
xenn [34]

Answer:

4. how much debt should be assumed to fund a project.

Explanation:

The capital structure is a mix of the debt and equity

In equation form, it is

Capital structure = Debt + equity

These two items should be taken for financing the assets of the company

And, the other options that are mentioned are related to the techniques of the capital budgeting  

Therefore, the correct option is 4.

5 0
3 years ago
Other questions:
  • Simon has been in the landscaping business for over 40 years. When Jorge, his business partner, suggested adding snow removal as
    8·2 answers
  • Drake Appliance Company, an accrual basis taxpayer, sells home appliances and service contracts. Determine the effect of each of
    6·1 answer
  • What is the Fisher effect? the tendency of nominal interest rates to rise with higher expected inflation rates the tendency of r
    11·1 answer
  • Suppose that demand for automobiles increases by 25% when consumers' incomes increase by 20%. what is the income elasticity of d
    9·1 answer
  • During its first year of operation Salon Manufacturing Company sold 1,200 units of inventory. Salon incurred variable product co
    15·1 answer
  • Frec and dbpr have a primary interest in real estate activity with a common goal of:
    9·1 answer
  • Without taxes, the market price per bag of apples is $5. with a $2 tax per bag of apples, buyers now pay $5.75 per bag. what is
    5·1 answer
  • Why would Apple &amp; Sony partnership be successful
    14·1 answer
  • If aggregate expenditures increase by $14 billion and equilibrium GDP consequently increases by $70 billion, then the marginal p
    10·1 answer
  • Machine X has an initial cost of $10,000. It is expected to last 12 years, to cost $200 per year to maintain and to have a salva
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!