The reasonable estimate of the current customer price index is 195. The option B is the correct option.
<h3>Customer price index</h3>
Customer price index is the price index which measures the weight average of price of basket of customers goods or services.
It can be given as,
Here 
is the cost of market basket in current period and 
is the cost of market basket in the base period.
Cost of market basket in current period is
Cost of market basket in 1983 is,
Substitute all the values in the formula
Thus the value of current CPI is 168.5 which is near about the 170.
Hence, the reasonable estimate of the current customer price index is 195. The option B is the correct option.
Learn more about the customer price index here;
brainly.com/question/25495502
Answer:
15/24
Step-by-step explanation:
hope this helps u.
Answer:
Then, a=-1 and b=-1
Step-by-step explanation:
We need to solve the following system of equations using the adition method:
2a+3b=-1 (i)
3a+5b=-2 (ii)
First, we multiply the equation (i) by -3 and the equation (ii) by 2, so we get:
-6a-9b=3
6a+10b=-4
Adding the two equations we have:
-6a-9b=3
6a+10b=-4
--------------------------
0 + b = -1
Then b=-1. Now, let's substitute the value of b into equation (i):
2a+3b=-1
2a + 3(-1) = -1
2a -3 = -1
2a = 2
a = 1
Then, a=-1 and b=-1
4,756 rounded to the nearest thousand is 5,000.
Answer:
56
Step-by-step explanation:
5x+80=360
5x=280
x=56
