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juin [17]
3 years ago
13

When the price of a good rises, consumers tend to purchase less of it and buy a relatively less expensive good. This behavior cr

eates ____________ bias in the CPI, so the Bureau of Labor Statistics makes adjustments to the fixed basket of goods.
Business
1 answer:
Anna35 [415]3 years ago
7 0

Answer:substitution

Explanation:The substitution bias is a weakness in the Consumer Price Index that overstates inflation because it does not account for the substitution effect, when consumers choose to substitute one good for another after its price becomes cheaper than the good they normally buy.

when the price of a product in the consumer basket increases substantially, consumers tend to substitute lower-priced alternatives.

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gayla quickly arranged to sell riha's car to a denver public school official; the signature on the auto's title assignment appea
shepuryov [24]

Gayla arranged to sell Riha's car to a Denver Public School employee right away; Riha's name appeared to be on the car's title assignment. She sold Riha's property and relocated all of his furnishings and personal belongings to her Denver residence. She gave the Denver Art Museum his collection of artwork, which was valued at about $19,000. She donated his books to Denver's Loretto Heights College. Gayla divided up all of his belongings.

<h3>What has made the Denver Art Museum famous?</h3>

It is renowned for its collection of American Indian art, as well as for The Petrie Institute of Western American Art, which is in charge of the Museum's Western art collection, and for its other collections, which total more than 70,000 unique pieces from all over the world and the centuries.

To learn more Denver Art Museum visit:

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6 0
2 years ago
Example 1: Alex began putting money in his 401(k) in his early 20s; consequently, he will have financial security when he retire
11111nata11111 [884]

Answer:

b. E-mail facilitates collaboration between people in remote locations; however, when collaboration requires the exchange of large data files, it is often easier to use web-based collaboration software.

d. E-mail can be an efficient way to communicate, and it makes communicating across time zones much easier.

Explanation

Sentence B is correct because it employs the use of a semicolon to separate two independent clauses. The use of the conjunction, <em>however</em>, helps to separate two sentences that have opposite connotations.

Sentence D is correct because the conjunction, and, was used appropriately to add a second thought to the sentence. The comma was also used correctly as it spliced the sentence and was immediately followed by the conjunction, <em>and</em>.

8 0
3 years ago
Fill in the Blank
Gnesinka [82]

Evidence of one's claim to authority or competence, such as a diploma, degree, certification, or license is known as the credential.

<h3>What is the evidence?</h3>

Evidence is the term that means to show or to prove that a particular thing is true or is in existence. For better understanding, a few illustrations can be taken. Like They found evidence of a robbery, in the room footprints of three persons present, and many more.

In any courtroom for making the case strong, one has to present evidence that is real like fingerprints, blood samples, DNA, a knife, a gun, and other physical objects.

There are basically two types of evidence, which include Oral and Documentary evidence. Documents that include electronic records are documentary evidence.

Thus, all the names given in the statement are of documentary evidence or credential.

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brainly.com/question/6764645

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7 0
1 year ago
The assessment ratio isa) The ratio of assessed value to market valueb) The ratio of assessed value to the average value for pro
Ivan

Answer:

The correct answer is option A.

Explanation:

The assessment value can be found by calculating the ratio of assessed value of a property to its market value.

Market value is the rate at which the property can be sold in the open market.

The assessed value is the value given to the property by the assessor's office in order to estimate property taxes.

7 0
3 years ago
Culinary Enterprises manufactures cookware sets and sells the sets to department stores. Culinary expects to sell 2 comma 600 co
Juli2301 [7.4K]

Answer:

The Total Budgeted Sales of May is $944,000

Explanation:

Budgeted sales are those sales which a business estimated in a particular period of time. While budgeting the future value company calculated the sales cost and other expenses to minimize the uncertainty and prepare for the future.

As per given data

In May

Budgeted sales Volume = 3,200 cookwares

Budgeted price per unit = $295

Budgeted Sale value = Budgeted Volume x Budgeted Sales price = 3,200 cookwares x $295 = $944,000

Cash Sales  = $944,000 x 25% = $236,000

Credit Sales  = $944,000 x 75% = $708,000

4 0
3 years ago
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