Answer:
D
Explanation:
The consumer price index measures the changes in price of a basket of good. It is used to measure inflation. Because the price of price of used cars and trucks in US has increased , the CPI would increase
CPI = (cost of basket of goods in current period / cost of basket of goods in base period) x 100
Changes in the quality of good is not included in the calculation of CPI. This is one of its drawbacks
Answer:
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Explanation:
Answer:
also known as a financial return, in its simplest terms, is the money made or lost on an investment over some period of time. A return can be expressed nominally as the change in dollar value of an investment over time.
Explanation:
What poster are you referring to? There’s nothing there but the question
Answer:
competition, goodwill with trade partners, and importation of goods
Explanation:
protectionism raises the cost of imported goods
