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koban [17]
3 years ago
11

In Bovania, cattle compose 48 percent of the consumer price index (CPI), housing composes 32 percent, and entertainment accounts

for the remaining 20 percent. If, in a certain year, the price of cattle rises by 30 percent and the price of housing rises by 25 percent, then:___________
Business
1 answer:
Naya [18.7K]3 years ago
6 0

Answer:

no matter what happens to the price of entertainment, the CPI will still increase.

Explanation:

Imagine that year 1 is the base year and the CPI is 100.

Year 2's CPI = (48 x 130%) + (32 x 125%) + $0 entertainment cost = 62.4 + 40 = 102.4

The price of cattle and housing has increased so much, that even if entertainment expenses simply disappear, the CPI will have increased by 2.4%

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yKpoI14uk [10]

Answer:

The correct answer is Duty of loyalty.

Explanation:

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Therefore, and without delving into the normative level, noting that behaving under the strict principle of good faith with society would be the partner's main duty. Here it is possible to know the concrete scope of this principle as a source of special duties for the parties in the corporate sphere. Thus, a duty-generating principle is derived from it: cooperation, information and protection.

7 0
3 years ago
What is income not used for consumption called?
inna [77]
The answer to the question above is letter C. The income that is not used for consumption is called a SAVINGS. Saving consist of the amount left over when the cost of a person's consumer expenditure is subtracted from the amount of disposable income he or she earns.
6 0
3 years ago
How is creating a report with the report wizard different from creating one with the report button?
pickupchik [31]

The creation of report with the report wizard differs from creating one with the report button because the report wizard allows the user to have more options and flexibility in the design.

<h3>What is a report wizard?</h3>

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<em>brainly.com/question/14363909</em>

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3 0
2 years ago
In each of the following scenarios, explain and categorize the cost of inflation.a) Because inflation has risen, the J.Crew clot
Kazeer [188]

Answer:

Consider the following explanation

Explanation:

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c) Maria is witnessing loss of purchasing power because of hyper inflation. In such scenario, cost keeps rising and product's price could be higher a few hours later. This was witnessed in Germany as well as in Zimbabwe. People run to the stores as soon as they get cash or salary. It is known as 'shoe leather cost'. People make frequent trips to banks or stores but do not keep cash in fear of losing value.

d) Gita actually earned only 5% on her portfolio but as her income is in taxable bracket so she has to pay 20% tax. Her income from portfolio not even compensated inflation. This is a redistribution cost and also known as fiscal drag. More people fall into bracket because higher nominal income but real income is neglected which makes people worse off.

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5 0
3 years ago
An angry customer approaches a supermarket associate to complain. After hearing the complaint, what is the first thing the assoc
BaLLatris [955]

Answer: The associate should say something like " I understand why you feel that way. How can I improve or fix this situation for you?" and try to diffuse the situation. After the customer leaves, the supermarket associate should report this to the manager.

Hope this helps!  :)

Explanation:

8 0
3 years ago
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