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Gnom [1K]
3 years ago
10

What index is used to measure the average prices paid by a typical​ family? An average of the prices of the goods and services p

urchased by a typical family is​ the: A. inflation rate index. B. consumer price index​ (CPI). C. producer price index​ (PPI). D. aggregate price level index. Suppose the​ economy's consumer price index​ (CPI) in 2008 was 188 and the CPI in 2009 was 199. The inflation rate over the period from​ 2008-2009 was equal to nothing​%. ​(Enter your response rounded to one decimal​ place.)
Business
1 answer:
slavikrds [6]3 years ago
5 0

Answer:

B. Consumer Price Index​ (CPI)

Inflation over the period 2008-2009: 5.85%

Explanation:

The CPI metric is a weighted average price of the goods and services which are consumed by a typical family. It is calcualte on a monthly basis and it is used to calcualte the inflation rate:

\delta = \frac{CPI_1}{CPI_0} - 1

In this case:

\delta = \frac{199}{188} - 1

199/188 - 1 = 0,058510638 = 5.85%

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Other things equal, cartels and similar collusive arrangements are easier to establish and maintain: Group of answer choices whe
katen-ka-za [31]

Answer:

Option "B" is the correct answer to the following question:

Explanation:

In business or business cycle period Cartels and comparable collusive agreements are simpler to design and implement and maintain during business time or periods of business-cycle stability and high employment, assuming all other factors are equal.

4 0
3 years ago
During the current year, the following manufacturing activity took place for a company's products. The beginning work–in–process
yarga [219]

Answer:

During the current year, the following manufacturing activity took place for a company's products. The beginning work–in–process, 70% complete, was comprised of 10,000 units. Units started into production during the year totaled 150,000 units. A total of 140,000 units were completed during the year. The ending work–in–process, 25% complete, was comprised of 20,000 units. What was the number of equivalent units using the first–in, first–out method?

8 0
3 years ago
It is now January. The current interest rate is 3.8%. The June futures price for gold is $1490.60, while the December futures pr
liberstina [14]

Answer:

a. $4,322.74

b. Yes

Explanation:

a. The computation of December futures is shown below:-

December futures = June futures × (1 + 1.9%)

= $1490.60 × (1 + 1.9%)

= $1490.60 × 2.9 %

= $4,322.74

Since the current interest rate is 3.8% and the contract is expired in 6 months so we half the interest rate i.e 1.9%

b. Yes, there is an arbitration opportunity here due to the difference between the future price of December. The real futures price for December is $1,500 and the potential price for December's parity relationship is $4,322.74

6 0
3 years ago
Equipment which cost $426,000 and had accumulated depreciation of $228,000 was sold for $222,000. This transaction should be sho
Rina8888 [55]

Answer:

A) deduction from net income of $24,000 and a $222,000 cash inflow from investing activities

Explanation:

The cash flow statement categories the company's transactions in a financial period into 3 groups; these are operating, investing and financing.

The net profit/loss, depreciation, changes in current assets (other than cash) and liabilities are considered as operating activities including income taxes.  

The sale of assets, interest received, purchase of investments are examples of investing activities while the issuance of stocks, debt principal deduction (loan settlement), issuance of debt securities etc are examples of financing activities.

When an asset is sold, the gain on disposals is a non cash items that will be deducted (or added where a loss was made on disposal) to the net income. The amount received from the disposal is recognized as an inflow in the investing section of the cash flow statement.

The gain/(loss) from disposal

= $222,000 - ($426,000 - $228,000)

= $24,000

5 0
3 years ago
Jenkin's, a large retail store, has lately been experiencing issues with sales and has lost a lot of customers. Bobby is hired t
Arturiano [62]

Answer: Task-oriented leader

Explanation: In a task leadership strategy, the leader focuses only on the task that needs to be completed. This is a performance oriented approach. While using this approach the manager strictly tries to make his employees to adjust on the working environment.

In the given case, Bobby is a tough leader and do emphasize on the tasks and takes less care of his employees needs and preferences.

Thus, we can conclude that bobby is a task oriented leader.

8 0
3 years ago
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