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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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In 1970 Professor Fellswoop earned $12,000; in 1980 he earned $24,000; and in 1990 he earned $36,000. If the CPI was 40 in 1970,
Arte-miy333 [17]

Answer:

In 1980

Explanation:

Year        Salary        Percentage Salary Increase        CPI Increase

1970       $12,000     -                                                      -

1980       $24,000    100                                                 50

1990       $36,000    50                                                   83.3

As can be seen in the table, the Professor's salary increase from 1970 to 1980 was twice as much as the CPI increase during the same period.

On the contrary, his salary increase from 1980 to 1990 was significantly less than the CPI increase during the same period.

Therefore, the professor's salary was highest in 1980.

4 0
3 years ago
Which is an example of a positive incentive for consumers
alex41 [277]

The answer is:  coupon clip from a newspaper.

The rest of the choices are not advantageous for the consumers. A sales tax is a portion of the company's sales deducted. For compensation, the company may increase their prices. A steady rise in profit could also mean high prices which bring in cash flow. Lastly, an increased price is not desirable for consumers.

8 0
3 years ago
Read 2 more answers
Yield to Maturity and Call with Semiannual Payments Thatcher Corporation's bonds will mature in 12 years. The bonds have a face
Dovator [93]

Answer:

rounding to two decimal places: 11.11%

Explanation:

we can se the approximate formula for YTM

YTM = \frac{C + \frac{F-P}{n }}{\frac{F+P}{2}}

C=  57.5 (1,000 x 11.5%/2)

Face value = 1000

P= 1050 (market value)

n= 24 (12 years x 2 payment per year)

YTM = \frac{57.5 + \frac{1,00 - 1,050}{24}}{\frac{1,000+1,050}{2}}

semiannual YTM =  5.4065041%

This is a semiannual rate as we consider semiannula payment.

We need to convert into annual rate:

(1 + 0.054065041)^{2}  - 1

YTM 11.1053109921343000%

rounding to two decimal places: 11.11%

8 0
3 years ago
No matter what you do professionally, you should create and follow a ____. A. Resume
seraphim [82]
The answer is B. career plan
5 0
2 years ago
Tyrone is reviewing customer response forms and learns that while some people like the company's new outerwear designs, the majo
Vsevolod [243]

Answer:

Feedback

Explanation:

Feedback is the response you get from the customers.

4 0
3 years ago
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