Answer:
A. Inflation
Explanation:
CPI is an abbreviation for the consumer price index. The CPI is a measure of the average changes in the prices of consumer goods and services in the economy. The CPI index measures changes in prices of products that represent the general consumption in the economy. Economists use the CPI index to ascertain the rate of inflation.
Inflation is described as the increase in prices of goods and services in the economy in a period. If prices in the economy are increasing at a high rate, the CPI index will be high. A high CPI index indicates the inflation rate is high.
Answer:
$26,100
Explanation:
Shareholders' equity = Total asset - Total liability
Shareholders' equity = (3,400 + 32,500) - (2,900 + 6,900)
Shareholders' equity = 35,900 - 9,800
Shareholders' equity = 26,100
Hence, the value of the shareholders equity is $26,100
Production Possibilities Curve (PPC) shows increasing opportunity costs as you give up one or more options. This curve is usually bow-shaped in the middle because as you produce more of one good, your capacity to produce the second good is diminished.
Answer:
D a budget deficit.
Explanation:
A budget deficit is when government spending exceeds income from taxes.
The State of Washington spent a total of $74.8 billion and had a total income of $65.8 billion. Spending exceeds income from taxes by $9 billion. The State of Washington has a budget deficit.
A budget surplus is when income from taxes exceeds government spending.
I hope my answer helps you.
Answer:
b. change in total cost that results from producing one more unit of output.
Explanation:
<em>Marginal cost is the increase in in total cost as a result of producing one more additional unit. It is the extra cost incurred when an additional unit of a product is produced.</em>
