Answer:
To answer properly, it is better to define core inflation:
Core inflation measures the changes in goods and services <u>excluding</u> from the analysis the <u>prices of food and energy sectors</u>, which <u>fluctuate more than the rest of the elements of the index.</u>
Then, when inflation is calculated, the prices of all goods and services included in the CPI are used, while when core inflation is calculated, prices of food and energy sector are excluded.
Core inflation allow us to perceive long term tendencies in prices.
- Concerns policymakers more than the level of core inflation. FALSE: while <u>core inflation allow us to follow tendencies in the price levels,</u> inflation may change suddenly because of an abrupt change in energy prices, for example, which may be seasonal, not representing a sustainable in the long run prices tendency.
- Is generally more volatile than core inflation. TRUE. Inflation measure does include the changes in prices of food and energy, which by nature are more unstable than the rest of the prices in the economy, making inflation measure more volatile than core inflation.
- Does not include the most price-flexible goods in the economy: FALSE (this will be core inflation instead of inflation).
- Is generally less volatile than core inflation. FALSE: see definition of core inflation above and its implications.
Answer:
the current adjusted basis of the house is 1507000
Explanation:
What is the current adjusted basis of the house?
Current adjusted basis of the house = 1500000-220000 + 200000+18000+20000-11000 = 1507000
Answer: The company
Explanation: The burden of proving the exemption issued by the CEO of ABC furniture should ABC be issued to appear at an hearing in other to defend its stance on the exemption issued will be on the company. Even though the the exemption was made by the Chief Executive Officer of the company. The burden of proof lies on the shoulder of the corporation which requests for the exemption and not the individual who make the exemption request on behalf of the corporation which is the corporation's CEO and not the Administrator on which exemption was made. Thus proving the legality of an exemption always rests on the shoulder of the requesting corporation.
Answer:
d
Explanation:
The quantity theory of money was developed by Irving Fisher
According to the the quantity theory of money :
Money supply x velocity = price x quantity
Velocity and quantity are constant in the short run. So, a change in money supply leads to changes in price
According to the equation, changes in money supply leads to equal and proportional changes in price