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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)

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Select the correct answer.
Mademuasel [1]

Answer:

C.earning college credits in high school.

Explanation:

The other answers are all negative and in the question it says ''a benefit''.

Hope this helps! Please mark brainliest!

3 0
3 years ago
Read 2 more answers
In the past, the policy-making relationship between states and the federal government was called ______, since there was clear s
jeka94

In the past, the policy-making relationship between states and the federal government was called Dual federalism, since there was a clear separation of policy responsibility between the two levels.

Dual federalism, also known as hierarchical federalism or shared sovereignty, is a political arrangement in which powers are clearly divided between federal and state governments, with state governments exercising delegated powers without federal interference. .

Even the House and Senate are examples of dual federalism. Both houses may be involved in approving federal laws that affect different states and require state involvement, but issues can only be passed through the senator's desk or state senators. representative.

Learn more about Dual federalism here: brainly.com/question/5544302

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7 0
1 year ago
You deposit $100 on a bank 10% interest rate account for one year. How much do you get in one year time?
katen-ka-za [31]

Answer:

$10

Explanation:

10% of 100 is 10. 100÷10=10

8 0
3 years ago
3. At what point do crime scene photographers enter the scene of the crime and why?
Shkiper50 [21]
After crime scene is cleared with all finger prints taken.
6 0
3 years ago
Percentage returns:
weeeeeb [17]

Answer:

I. easily convey the return for each dollar invested.

Explanation:

Percentage of returns is used to explain the return on an investment relative to the amount invested.

It can also be called a return on investment (ROI). Return on investements is always expressed as percentages or ration and is usually calculated with formula

​ROI  =   <u> Current Value of Investment−Cost of Investment​</u>       ×     100%

                                Cost of Investment

Cheers.

7 0
3 years ago
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