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sergey [27]
3 years ago
14

The___ rate is the rate of change in prices calculated on a monthly or yearly basis

Business
1 answer:
otez555 [7]3 years ago
5 0

Answer: A.) INFLATION

Explanation: prices of goods and services are usually prone to change and fluctuation from time to time. The change usually associated with inflation is an increase in price of commodities within a certain period of time. In other to adequately measure inflation, the change in prices of certain economic commodities are compared over an equal time interval either monthly, quarterly or yearly basis as the case may be.

It is calculated as the ratio of the difference between the price of goods between the base and current period to the price at the base period expressed as a percentage. Fall or decline in prices of goods and services is usually called deflation

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Name any three (3) tests that Hornbill Holdings can use to assess the graduates
nadya68 [22]

Three tests that can be used to assess graduates include:

  • Skills and knowledge psychometric tests.
  • Ability and aptitude psychometric tests.
  • Personality tests.

<h3>What are some tests that can be used to test graduates?</h3>

A skills and knowledge psychometric test will allow Hornbill Holdings to find out how knowledgeable a graduate is in their industry and its processes.

They can also use an ability and aptitude test to find out how adaptive the graduate is to new situations.

Personality tests can then find out if the graduate has the right type of personality for the culture at Hornbill Holdings.

Find out more on graduate testing at brainly.com/question/16321787.

5 0
1 year ago
Current news and politics is full of concern about the environment, particularly as it is related to oil use and the auto indust
alina1380 [7]

Answer:

It is true that raising gasoline prices (either by producing less of it, or by adding taxes) would reduce gasoline use. The concept of price elasticity of demand can helps us explain why.

Explanation:

A good can be either elastic or inelastic depending on its price elasticity of demand. A price elasticity of demand of less than 1 is considered inelastic, while a price elasticity of demand higher than 1 is considered elastic.

Elastic goods are those whose quantity demanded falls or rises more than the price. Inelastic goods are those whose quantity demanded falls or rises less than the price.

Gasoline is a inelastic good in the short-term because even with a price hike, most people will still buy gasoline because they need to move around. However, in the long-term, gasoline becomes more elastic because people replace their buy electric cars, or cars that use less fuel, etc.

What this tells us is that raising gasoline prices can reduce gasoline use in the long-term.

A built-in injustice in this measure is that it affects the poor disproportionally. Poor people also need cars to get around, and a rise in the gasoline price means that they have less money for other basic needs.

8 0
3 years ago
A commercial oven with a book value of $67,000 has an estimated remaining 5 year life. A proposal is offered to sell the oven fo
GaryK [48]

Answer:

It should replace the equipment

Explanation:

                                         continue replace Differential

Proceeds from sale             -              8,500            8,500

Cost  

purchase                                -           -110,000        -110,000

cost savings (5 years)                           115,000         115,000

Total cost                                 -               5,000           5,000

 

Net                                                    -     13,500          13,500

3 0
2 years ago
Which of the following is known as the “supreme law of the land”
bonufazy [111]

Answer:The Supremacy Clause of the Constitution of the United States (Article VI, Clause 2), establishes that the Constitution, federal laws made pursuant to it, and treaties made under its authority, constitute the "supreme Law of the Land", and thus take priority over any conflicting state laws.

Explanation:

7 0
2 years ago
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An electronic card that stores all the customers info in a chip is
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a debit or credit card?

6 0
3 years ago
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