1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Llana [10]
3 years ago
12

Calculate how much each of the following items is worth in terms of today's dollars using 180 as the price index for today.

Business
1 answer:
Yuri [45]3 years ago
7 0

Answer:

A. $3

B. $257.142

C. $2.25

Explanation:

A. In 1925, the CPI was 18 and the price of a movie ticket was $0.30.

The current CPI is 180.

The price today will be

= \frac{Price}{CPI}\ \times\ Current\ CPI

= \frac{0.3}{18}\ \times\ 180

= $3

B. In 1930, the CPI was 14 and a cook earned $20 a week.

The current CPI is 180.

The price today will be

= \frac{Price}{CPI}\ \times\ Current\ CPI

= \frac{20}{14}\ \times\ 180

= $257.142

C.  In 1940, the CPI was 16 and a gallon of gas cost $0.20.

The current CPI is 180.

The price today will be

= \frac{Price}{CPI}\ \times\ Current\ CPI

= \frac{0.2}{16}\ \times\ 180

= $2.25

You might be interested in
Select the answer that best completes this sentence. Los pesos from different Spanish Speaking countries are _____
VMariaS [17]

I believe the answer is: different


The values of pesos from these spanish speaking countries are different depending on how good their performance in the market.

For example,

1000 mexican peso is equal to +/- 50 USD

1000 Argentine peso is equal to +/- 30 USD

8 0
3 years ago
Read 2 more answers
Why is a consumer likely to be worse off when a product that he or she consumes is rationed?​
KIM [24]
When the price of the good is fixed at a level below the current (equilibrium) price, there will be a shortage of the good and the good will have to be effectively rationed. As in the question above, the consumer is worse off because she is not able to attain her utility maximizing point.
5 0
3 years ago
You want to acquire a graphic design project. Describe how you will exhibit your public relations skills and interact with the c
elena-14-01-66 [18.8K]

Answer:

First and foremost, to get any job, I would have to be sincere, transparent, honest, look in the eye, have a firm handshake, be assertive in my actions and dialogue. For getting that particular project, I would show my portfolio of prior jobs, showing the quality and identity of my work. I could give references to past employees and, if I was a freelancer at some point, could describe how I got those jobs, showing how good my professional network could be. I could as well, given this time and age, show my social media and tell about my newest courses, showing that I’m on par with the latest on the graphic design industry. Lastly, dressing properly, being kind and solicit can go a long way in getting a job.

8 0
3 years ago
Mackey believed that quality of life is a very important consideration, so much so that Whole Foods’ lobster tanks are kept at o
SpyIntel [72]

Answer:

The correct answer is letter "D": a CSR.

Explanation:

Corporate Social Responsibility (CSR) is the set of actions companies take that go beyond their regular operations to ensure consumers' satisfaction and benefit society as a whole. Taking care of their inner and outer environment is a clear example of CSR.

In particular, <em>because of the business Whole Foods is dedicated to, keeping their foods in proper conditions to facilitate the purchase of their consumers and avoid food contamination represents their CSR.</em>

5 0
3 years ago
According to the theory of liquidity preference, if the supply of real money balances exceeds the demand for real money balances
Sedbober [7]

Answer:

Sell interest-earning assets in order to obtain non-interest-bearing money

Explanation:

The liquidity preference theory states that investors prefer cash or highly liquid assets to long term assets that carry high risk.

When investors obtain long term assets the charge higher interest rates or premium in order to mitigate associated risk.

In this scenario when the supply of money is higher than demand, there is abundance of non interest bearing money that is highly liquid.

According to the liquidity preference theory investors will sell their interest bearing assets and go for assets with high liquidity (non Interest bearing money)

3 0
3 years ago
Read 2 more answers
Other questions:
  • A bond traded at 102½ means that: Multiple Choice The bond pays 2.5% interest. The bond traded at 102.5% of its par value. The m
    13·1 answer
  • Oscar has negotiated a lease for his sporting goods store in which he is required to pay $2,500 per month in rent. Oscar pays hi
    11·1 answer
  • Relatively high paid workers are reluctant to shirk because
    5·1 answer
  • contestants in a dance Marathon run for the same amount of time every hour couple dress for 27 minutes in 6 hours how long does
    7·1 answer
  • The amounts of the assets and liabilities of Wilderness Travel Service at April 30, 2018, the end of the year, and its revenue a
    7·1 answer
  • On 1/1//2015, XYZ leases a machine from Super LeaseCo for four years. At the end of the lease term, title passes to XYZ. Payment
    7·1 answer
  • United States exports soybean oil to China. However, to protect the Chinese soybean oil market, Chinese government has high tari
    13·1 answer
  • Incomplete manufacturing costs, expenses, and selling data for two different cases are as follows.
    6·1 answer
  • Brown Co. pays weekly salaries of $10,500 on Friday for a five-day workweek ending on that day. Assuming the end of the accounti
    13·1 answer
  • if a start up business owner invests $25,000 cash and then borrows $15,000 from a bank, the owner's equity would be
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!