1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Firlakuza [10]
3 years ago
13

The "core" inflation rate is typically defined as the change in consumer prices for all goods included in the CPI basket except

energy and food products. Suppose the overall inflation rate based on the CPI was 4 percent for the past year, and energy and food prices did not change during the year. Is the core inflation rate for the past year higher or lower than 4 percent? Higher
Mathematics
1 answer:
Ganezh [65]3 years ago
6 0

Answer:

Higher

Step-by-step explanation:

1) In Macroeconomics, The core inflation rate does not include food and energy since these categories are way more volatile, due to oil and season matters. And statistically this measure looks for more robust items, to compose the core inflation in a more accurate way. The Consumer Prices Index (CPI) is the metric used for the cost of living.

Another Index, used by the Fed is the PCE, for the goods and services consumed by the US residents.

So, the Core inflation is based on CPI and PCE, <em>Personal Consumption Expenditure</em> therefore the inflation rate for the past year was higher than 4%, for it is not solely based on CPI index.

You might be interested in
How much does 1 1/4 pounds of turkey that cost $2.85 per pound cost
lidiya [134]
Answer: $3.56, since one pound is $2.85, 1/4 is .25 (as a decimal). Then .25x2.85=$0.71+$2.85=$3.56
I hope this helped!
4 0
3 years ago
Find the volume of each figure to the nearest tenth. Use 3.14 for<br> No viruses please
ludmilkaskok [199]

Answer:

1) 188.4 in³

2)306 in³

3)210in³

Step-by-step explanation:

1) r = 5in   h = 12in

5 * 12 * 3.14

2) L = 3    W = 8.5     H = 12

3 * 8.5 * 12

3) \frac{1}{2} ( B = 5    W = 7    H =  12)

.5(5 * 7 * 12)

6 0
2 years ago
Begin by translating polygon ABCD. Create a line segment of length 5 units to the right of points A, B, C, and D. Connect the po
valentina_108 [34]

Answer: As GH moves, the reflected image changes its position with respect to the position of the line. The polygons will touch one another if the line of reflection touches polygon ABCD.

5 0
3 years ago
Read 2 more answers
The perimeter of AXYZ is __<br> units
LuckyWell [14K]

Answer:

Area of triangle: 1/2*base*height

Here height= 4

Base= 8

Thus area= 1/2*4*8

=4*4

=16

4 0
2 years ago
Lily hikes at least 1 hour but not more than 3 hours. She hikes at an average rate of 2.2 miles per hour. The distance Lily hike
Basile [38]
Average rate = distance / time
distance = average rate x time

Range of distance = 2.2(1) to 2.2(3) = 2.2 to 6.6

Required range is all real numbers from 2.2 to 6.6, inclusive.
7 0
3 years ago
Read 2 more answers
Other questions:
  • Can someone figure out the 3 answers please
    5·1 answer
  • Solve each equation. I don't know this
    10·1 answer
  • Please answer ASAP........
    13·1 answer
  • If p &lt; q and q &lt; r, what is the relationship between the values p and r?<br>​
    8·1 answer
  • Can someone help me plz?
    14·1 answer
  • Write the equation of the line in point-slope form that passes through the point (-2.3)
    7·1 answer
  • Describe the end behavior of each function; f(x)= -x^3 + 3x^2 - 1
    9·1 answer
  • A chi-square test for homogeneity was conducted to investigate whether the four high schools in a school district have different
    10·2 answers
  • (tan + sec )(tan − sec )
    8·2 answers
  • Determine the interval(s) on which the given function is decreasing.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!