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makkiz [27]
3 years ago
7

6 . Problems and Applications Q1 Suppose that you were born in 2001. Also, suppose that your mother received a $100 baby shower

gift at your birth. How much would it cost to buy a similar amount of goods and services in 2018, given that the CPI was 177.1 in 2001 and 251.1 in 2018
Business
1 answer:
alexira [117]3 years ago
4 0

Answer:

  • <u>$70.53</u>

Explanation:

<em>CPI</em> is the customer price index. By comparing the CPI at two different moments you can tell the comparative value of the money:

  • Value in year XX = Value in year YY × CPI year YY / CPI year XX

Hence, the value in the year <em>2,018</em> of<em> $100</em> received in <em>2,001</em> is:

  • Value in 2,018 = Value in 2,001 × CPI in 2,001 / CPI in 2,018

  • Value in 2,018 = $100 × 177.1 / 251.1 = $70.53 ← answer

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The leadership style advocating that a leader involve subordinates in most decisions
OlgaM077 [116]

Answer:

E) participative.

<u>The multiple-choice options for this question are: </u>

A) laissez-faire.

B) hands-off.

C) existential.

D) authoritarian.

E) participative.

Explanation:

In the participative leadership style, the manager invites employees' input when making all or most company decisions. The employees are adequate information regarding company issues. Each of the staff members is accorded an opportunity to make their contribution to the subject matter. If the team cannot reach a consensus, a majority vote determines the direction the company will take.

Participative leadership is criticized for slow f decision-making. Its main advantage is that decisions are easily acceptable by all, making implementation seamless.

7 0
3 years ago
Which one of the following statements is true? a. A manufacturing company will normally have raw materials, work in process, and
soldier1979 [14.2K]

Answer:

d. A manufacturing company will normally have raw materials, work in process, and merchandise inventory as inventory account classifications.

Explanation:

  • Normally a manufacturing company has various inventors such as raw material, work in progress and finished goods and the inventories are goods that held up in stocks for the ultimate goal of resale, another type of inventories include transit inventory, buffer inventory and cyclic inventory.
  • Merchandise inventory is a finished good that is taken for sale by retail or wholesale. The finished goods for the sale by manufactures are generally called as finished goods inventory.
7 0
3 years ago
If a government fixes the wage rate above the mar-
olasank [31]

Answer:

Option B

Explanation:

Fixing the wage rate above the market equilibrium rate will disturb the demand and supply equilibrium of labor resource.

Wage rate above market will make labor as a resource costly for business and hence, there is possibility that the demand for labor will lower down. Thus, the supply of labor will get low.

Hence, option B is correct

5 0
3 years ago
A client from Texas is suspected of being infected with coccidioidomycosis and has been admitted to the hospital with fever, cou
Aleksandr-060686 [28]

Answer:

"have you been doing any work with soil lately?

Explanation:

According to my research on studies conducted by various medical professionals, I can say that based on the information provided within the question the most valuable question would be "have you been doing any work with soil lately?". This is because coccidioidomycosis is a disease that is caused by coming into contact with the fungus called Coccidioides immitis. If you breath in the spores it will infect you and cause chest pains, chills, fatigue, fever, or night sweats

, coughing, headache, shortness of breath, or weight loss and even rashes. Usually this goes away by itself, if not then you might need to take anti-fungal medication.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
4 years ago
The income elasticity of demand is the percentage change in the ________ divided by the percentage change in ________.
Kisachek [45]

The income elasticity of demand is the percentage change in the <u>quantity​ demanded</u> divided by the percentage change in <u>income</u>.

Elasticity refers back to the diploma of the sensitivity of a variable consistent with every other variable's trade. in this manner, you could truly diploma the alternate in the aggregate product call for with appreciation to fee adjustments. In different phrases, it is called elasticity of call for.

An example of merchandise with an elastic demand is consumer durables. those are devices that may be purchased every now and then, like a washing device or an automobile, and can be postponed if the rate rises. as an example, automobile rebates were very a success in growing car earnings by using lowering the rate.

Learn more about elasticity here: brainly.com/question/5078326

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6 0
1 year ago
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