All categories

3 years ago

CPI is calculated by dividing the using by the using and multiplying by 100.

Business

1 answer:

Anika [276]3 years ago

7 0

Explanation:

The CPI stands for Consumer Price index . It refers to the change in the price level with respect to the goods and services available in the market.

The CPI is calculated below

= Given the cost of market goods and services using the price of given year by the Given cost of market goods and services using the price of a base year and then it would be multiplied by 100

While the GDP Deflator deals with the price of all goods and services that are produced in domestic.

You might be interested in

Which of the following is a primary responsibility of the Federal Reserve Bank? APrint money BCollect taxes CWrite monetary laws

just olya [345]

The Federal Reserve has many responsibilities but the main one is to establish monetary policy. The Federal Reserve helps control all of the U.S. banks and what is allowed and what is not allowed to happen based on their rules regarding funds. The Federal Reserve is the central banking system in the United States and it was created in 1913. This system was put in place to have one central location of policies and funds within the United States.

3 0

3 years ago

Read 2 more answers

Giancarlo has received an inheritance from his rich uncle and is contemplating the purchase of a Suzuki XL7. In an attempt to ma

Effectus [21]

Answer:

Giancarlo’s initial investment in the Suzuki XL7 is $17,122

Explanation:

The computation of the initial investment is shown below:

= Negotiated price of new Suzuki + Taxes and fees charges on purchase of a new car - proceeds from the old car

= $24,675 + $1,732 - $9,285

= $17,122

The estimated value of the old, new car and the annual repair cost is not relevant for computing the initial investment. Hence, we ignore it and not considered this cost.

8 0

3 years ago

Zeta Corporation is a manufacturer of sports caps, which require soft fabric. The standards for each cap allow 2.00 yards of sof

Alex777 [14]

Answer:

Material Price Variance = $2,500 Unfavorable

Explanation:

Standard fabric for each cap = 2.00 yard

Standard price per yard = $2.00 per yard

Actual price per yard = $2.10

Actual Quantity = 25,000 yards

Materials price variance = (Standard price - Actual Price) $\times$ Actual Quantity

= ($2.00 - $2.10) $\times$ 25,000 = - $0.10 $\times$ 25,000

= - $2,500

Since it is negative in value it is Unfavorable

7 0

3 years ago

On January 1, 2021, Everglade Company purchased the following debt securities and properly accounted for them as securities avai

hammer [34]

Answer:

Unrealized gain = $12,000

Explanation:

Security Cost A Fair value B Unrealized amount (B-A)

ABC $40,000 $55,000 $15,000

DEF $72,000 $65,000 -$7,000

XYZ $16,000 $20,000 <u>$4,000</u>

Total <u>$12,000</u>

So, the unrealized gain to be recorded is $12,000

4 0

3 years ago

The value proposition for the AARP brand is seen in what kinds of benefits for the members? (Select 3)

FrozenT [24]

Answer:

Ensuring products are well below the going market rate.

Quality of products offered.

Efforts to improve the lives of members.

Explanation:

3 0

2 years ago

CPI is calculated by dividing the ____ using ____by the ____using ____ and multiplying by 100.

CPI is calculated by dividing the using by the using and multiplying by 100.