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3 years ago

Why is gasoline weighted more heavily than tomatoes in a calculation of the annual inflation rate in the United States

Business

2 answers:

Nana76 [90]3 years ago

6 0

Just took the test it is

D). Americans spend more money on gasoline than tomatoes, on average.

Hope that helps any one else!!!!

likoan [24]3 years ago

4 0

One of the most probable reason is because compared to tomatoes, gasoline more of a kind of product that traded within international borders from US' perspectives. This kind of products will be exposed to more factors that could influence the annual inflation rate.

hope this helps

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Several line items and account titles are listed below. For each, indicate in which of the following financial statement(s) we w

Ainat [17]

Answer:

a. Cash asset - Balance Sheet (BS) and Statement of Cash Flows (SCF)

Cash is recorded as an asset in the balance statement and derived from the statement of cash flows.

b. Expenses - Income statement (IS)

Expenses are deducted from revenue in the income statement to come up with Net Income.

c. Non-cash assets - Balance Sheet (BS)

Non-cash assets are recorded in the balance sheet as all assets are.

d. Contributed capital - Balance Sheet (BS) and Statement of stockholders' equity (SE)

Contributed capital from shareholders will appear in the equity section of the balance sheet and in the statement of equity.

e. Cash outflow for capital expenditures - Statement of Cash Flows (SCF)

This is a Cashflow statement entry under Investing activities.

f. Retained earnings - Balance Sheet (BS) and Statement of stockholders' equity (SE)

Retained earnings will go into the balance sheet and the statement of equity.

g. Cash inflow for stock issued - Statement of Cash Flows (SCF) and Statement of stockholders' equity (SE)

Cash inflow from stock issued will be recorded in the financing section of the cashflow statement as well as in the statement of stockholder equity.

h. Cash outflow for dividends - Statement of Cash Flows (SCF) and Statement of stockholders' equity (SE)

Cash outflow from dividends issued will be recorded in the financing section of the cashflow statement as well as in the statement of stockholder equity.

i. Net income - Income statement (IS), Statement of Cash Flows (SCF) and Statement of stockholders' equity (SE)

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3 years ago

What money management skills?

VLD [36.1K]

Answer:

Money management skills are the abilities to control your spending and money and be able to prepare for the future.

Explanation:

by preparing for the future, I mean saving up your money while still using enough so you have food and clothes and other necessities. and by being able to control it, I mean not spending your money on useless things like a box chicken or fancy luxurious scissors.

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2 years ago

Which of the following would not be an expected response from a decrease in the price level and so help to explain the slope of

Naddik [55]

Answer:

The correct option which would not be an expected response from decrease in price level is A) with fall in prices, Fargo concrete company has decided to let go workers who have fixed price contracts.

Explanation:

All the options except A are expected response from the fall in price and helps in explaining why the aggregate demand curve shifted ( towards the right ) . In the option B , Tyler decided to remodel his kitchen because of fall in prices, as now he is able to spend more on consumption and investment activities. Same thing is happening in option C and D as the company's here are increasing their investment spending due to the decreased prices.

But the option A , isn't something that was expected as company's don't usually fire their workers just because they have fixed price wage contract and prices have fallen, company is trying to take advantage of fallen prices by reducing the fixed wage workers and hiring new workers on a cheap wage , which help in reducing the company's cost.

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3 years ago

In the long run, nominal wages are:Group of answer choicessticky downward but flexible in an upward direction.sticky upward but

Anit [1.1K]

Answer:

sticky in both an upward and downward direction

Explanation:

nominal wages are wages been earned per hour or as agreed between the worker and the employer. it is seen as means of compensating the worker. it is called nominal wage because the effects of deflation ( downward direction of prices in the market ) and inflation ( upward direction of prices in the market) does not affect the Nominal wages of an employee hence it is sticky in both an upward and downward direction of price movement in the market.

unlike the real wages where the factors of inflation and deflation has an effect on it by either decreasing or increasing the purchasing power of the real wage.

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3 years ago

Explain why you have to pay late fees with a credit card, but not with a debit card?

MAXImum [283]

Answer:

because a credit card you are taking loans from your bank company but with a debit card it's the money you're putting on the card

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3 years ago

Read 2 more answers