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JulsSmile [24]
3 years ago
15

If the price of Italian shoes imported into the United States increases, then a. both the GDP deflator and the consumer price in

dex will increase. b. the consumer price index will increase, but the GDP deflator will not increase. c. the GDP deflator will increase, but the consumer price index will not increase. d. neither the GDP deflator nor the consumer price index will increase.
Business
1 answer:
goldfiish [28.3K]3 years ago
6 0

Answer: The consumer price index will increase, but the GDP deflator will not increase.

Explanation:CPI(Consumer p ice index) is a concept used in Macroeconomics to mean the weighted average of the prices of

A basket of consumer goods and services.

GDP(gross domestic product) Is the value of the entire goods and services rendered within an economy over a given period of time.

GDP Deflator determines the price changes of all goods and services produced within an country.

As the price of Italian shoes imported into the Unites States of America rises the CPI INCREASES BUT THE GDP DEFLATOR WILL NOT INCREASE.

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Answer:B. One year from now Bond A's price will be higher than it is today.

Explanation:A Noncallable bond is a bond whose investment cannot be redeemed before its maturity date by the issuer, it can only be redeemed after the payment of a penalty.

The issuer of a noncallable bond makes itself vunerable to interest rate risk mainly because, at the issuance of the bond, it is locked to the interest rate it will pay only when the bond's maturity date is achieved.

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3 years ago
A certain marble quarry provides a unique type of marble that is richly colored and strikingly veined. It has been used for chur
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a. The cost of the marble will be expensive because of the bargaining power of the supplier.

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As the marble her provided is only used for the common public buildings and churches. This is basically the best use of the marble, as the quality is high and used in best architecture in the economy.

Therefore, it clearly states the value of marbles, which is generally expected to be high, and as it is used in public buildings the supplier will not allow the purchaser to bargain. This is because the bargain power of the purchaser will be low, and as there is high demand.

Accordingly price will be high.

7 0
3 years ago
What is globalization?
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the process by which businesses or other organizations develop international influence or start operating on an international scale:

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1 year ago
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Which describes the role of automatic stabilizers in the economy? Automatic stabilizers are changes in the money supply that occ
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3 years ago
Milk and cereal are an example of complementary goods. Which definition best describes this relationship?
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The definition that best describes the relationship is goods related in such a way that an increase in price of one leads to a decrease in the demand for the other.

<h3>What are complementary goods?</h3>

Complementary goods are goods that are used or consumed together. Examples of complementary goods are pen and a notebook, car and gas.

When the price of a good increases, the demand for the complementary good declines. When the price of a good decreases, the demand for the complementary good increases.

When the price of cereal increases, the quantity demanded of cereal declines and so there would less demand for milk. Thus, the demand for milk declines.

Please find attached the complete question. To learn more about complementary goods, please check: brainly.com/question/14665758

#SPJ1

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1 year ago
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