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MariettaO [177]
3 years ago
12

To determine the consumer price index (CPI), _____. Select one: a. the values of the current market basket at current prices and

the base-year market basket at base-year prices need to be known b. the values of the base-year market basket at current and base-year prices need to be known c. the values of the current market basket at current and base-year prices need to be known.
Business
1 answer:
RoseWind [281]3 years ago
7 0

Answer:

The answer is: C) the values of the current market basket at current and base-year prices need to be known.

Explanation:

The consumer price index (CPI) is calculated by dividing the current price of a basket of goods by the price of the same basket of goods in the base year. Then you multiply the ratio by 100. The CPI measures the average change of prices over time for a basket of goods.  

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Why do you think it’s important to find a career that matches your personality? Come up with an example (real or made-up) of a p
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Because you would want to enjoy what you wanna be if u didn’t then you maybe wouldn’t do it corrected because your not enjoying it. Hope this helps!
8 0
2 years ago
A purchase of a new issue of stock takes place Group of answer choices in the primary market. in the secondary and primary marke
mash [69]

Answer:

in the primary market and usually with the assistance of an investment banker.

Explanation:

Primary markets are ones where newly issues securities are sold. When companies seek to gain capital from investors, they issue securities that can be bought buy investors in exchange for capital.

Investment bankers are usually involved in the sale of securities in the primary markets. They obtain the securities on behalf of the investors.

Primary markets are also called new issues market

7 0
3 years ago
Central banks are responsible for the collection and the replacement of currency from circulation.
Dmitriy789 [7]

Answer:

The correct answer is letter "A": True.

Explanation:

Central banks are the financial institutions in charge of the monetary policy of their country on behalf of the central government. They regulate the money supply and the interest rates to maintain a country's economy the closest to its equilibrium level. In the United States, the central bank is the Federal Reserve (<em>Fed</em>). Central banks also collect and replace the currency in circulation.

4 0
3 years ago
What happens when the federal reserve decreases the money supply?
Shtirlitz [24]
The currency would deflate, though this never happens
4 0
3 years ago
Jing Company was started on January 1, Year 1 when it issued common stock for $28,000 cash. Also, on January 1, Year 1 the compa
denpristay [2]

Answer:

5,280 net income for the Year 3

Explanation:

This would be the situation:

17,400 revenue

11,000 expenses

gain/loss on sale of equipment

= net income year 3

To know the result of the sale of equipment we have to do

sales price - book value = gain/loss on sale of equipment

8900         -  book value   = gain/loss

We have to determinate the book value.

book value = adquisition cost - acumulated depreciation

The equipment cost 15,200 + 1,300 transportation cost = <u>16,500 Adquisition Cost</u>

acumulated depreciation = depreciation per year * 3 years

and depreciation per year is:

\ $ depreciation per year $= \frac{Adquisition Value - Salvage Value }{Useful Life}

Here we have all the values, so we stop digging and start solving.

  • <em>depreciation </em>= (16,500-5,700)/5 = 2,160
  • <em>acumulated depreciation</em> = 2,160 * 3 = 6,480
  • <em>book value</em> = 16,500 - 6,480 = 10,020
  • <em>gain/loss </em>= 8,900 - 10,020 = -1,120 LOSS on sale of Equipment

net income = 17,400 - 11,000 - 1,120 = 5,280 net income for the Year 3

6 0
3 years ago
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