Answer:
The correct answer is: substitution by consumers toward goods that have become relatively less expensive and away from goods that have become relatively more expensive.
Explanation:
The CPI or consumer price index measures the change in the general price level through a basket of commodities that are generally purchased by the consumers.
The CPI does not always correctly estimate the inflation rate. This is because CPI does not include changes in the quality or substitution of expensive goods for cheaper ones.
When the price of a commodity increase, the consumers will substitute it for its cheaper substitute. So consumer spending will not change. But the CPI will increase as it will not include this substitution. The CPI will thus overestimate inflation.
Answer:
A strategic alliance.
Explanation:
<em>A strategic alliance</em> is made between two organizations in which they exchange their skills and competence for mutual benefits.
Answer:
0.223
Explanation:
This means no shows up in 3mins=3/60=1/20hour.
Therefore the probability is
e^-λt = e^-30/20 = 0.223
Answer:
recovery
Explanation:
There is one framework for each of the five mission areas wich are Prevention,protection, mitigation,response, and Recovery
Hope this helped you!
it is correc tbecuas it is that why it is a
