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4 years ago

The consumer price index (CPI) is used to compute inflation.

Business

2 answers:

NemiM [27]4 years ago

8 0

Answer:

True

Explanation:

The CPI results from the variation of prices in a market basket compared between 2 years and the inflation is the measure of the change in CPI in a series of time.

Akimi4 [234]4 years ago

3 0

Answer:

The correct answer is True.

Explanation:

The CPI is the consumer price index. It is where the products that a family consumes regularly are valued and it is what is used to measure the inflation of a country.

Inflation is what causes the currency of a country to have a lower value, which produces an increase in the products that are consumed.

The inflation rate is measured by comparing the increase or decrease in the price of a product over a specific period of time, such as a year or a month.

Let's look at it with an example: if the rate of a product that costs $ 10 is 5% per year, next year that product will cost 5% more, that is, it will cost $ 10.50.

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A special agreement between the lender and the borrower to delay a foreclosure is known as what...? Lis Pendens Postponement For

Anettt [7]

Answer:

Forbearance

Explanation:

Forbearance is a term used in mortgaging that means an agreement between two parties; borrower and lender, to delay foreclosure.

Forbearance according to the dictionary means to hold back. That is, delaying or postponing an event of debt default.

Cheers

3 0

3 years ago

Kelley Company reports $1,250,000 of net income for 2017 and declares $175,000 of cash dividends on its preferred stock for 2017

defon

Answer:

Net income available to common stockholders is $1,075,000

Explanation:

Net Income $1,250,000

To Preferred Shareholders $175,000

Net income available to $1,075,000

common stockholders

Basic earnings per share = Net income available to common stockholders / weighted average shares of common stock

Basic earnings per share = $1,075,000 / 380,000

Basic earnings per share = $2.8290 per share.

3 0

3 years ago

Dma corporation has bonds on the market with 19.5 years to maturity, a ytm of 6.6 percent, and a current price of $1,043. the bo

Sonbull [250]

Given:
bonds on the market with 19.5 years to maturity
a yield to maturity of 6.6%,
current price of $1,043
face value of $1,000

YTM = Coupon payment / current price
6.6% = Coupon payment / 1,043
6.6% * 1,043 = Coupon payment
68.838 = coupon payment

Coupon rate = Coupon payment / Face Value
Coupon rate = 68.838 / 1,000
Coupon rate = 0.068838 or 6.88%

The coupon rate of DMA Corporation's bonds is 6.88%.

Regardless of its price in the market, each bond will have 68.838 annual interest payment or 34.419 semi annual payments.

6 0

4 years ago

A local charity spent $15,000 on a fundraising campaign. The charity raised $7 for each dollar it spent on the fundraising campa

marysya [2.9K]

$15,000 * $7= $105000

5 0

3 years ago

A local university reports that 3% of their students take their general education courses on a pass/fail basis. assume that fift

Vlad [161]

Solving this problem is pretty straight forward. We simply have to find for the product of the fraction of the amount of students that take on a pass or fail basis and the total population. That is:

expected students = 0.03 * 50 students

expected students = 1.5 students

Answer:

1.5

5 0

3 years ago