Answer:
Explanation:
<em><u>H</u></em><em><u>o</u></em><em><u>p</u></em><em><u>e</u></em><em><u> </u></em><em><u>i</u></em><em><u>t</u></em><em><u> </u></em><em><u>w</u></em><em><u>o</u></em><em><u>r</u></em><em><u>k</u></em><em><u>s</u></em><em><u> </u></em><em><u>o</u></em><em><u>u</u></em><em><u>t</u></em><em><u> </u></em><em><u>!</u></em><em><u>!</u></em><em><u>!</u></em>
ANSWER: The correct answer is True. Consumer price Index computes inflation or market basket of consumers.
Explanation: It measures the price changes in the goods or services basket for consumers which represents the consumption expenditure in the economy. It is calculated on various categories or sub- categories like,urban or rural. It measures the inflation rate and scans the percentage change of the index over a period of time. It measures increase in the price of households basket.
Generally, the price of <u>other goods</u> is an important determinant of demand for a product.
<h3>What are the determinants of demand? </h3>
The determining factor for demand level of a product includes changes in income, prices of related goods, consumer expectations, consumer tastes etc.
Therefore, the price of <u>other goods</u> is an important determinant of demand for a product.
Read more about determinants of demand
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Answer:
d. $38.00
Explanation:
The computation of the overall Belinda expense for the week is shown below:
= Bus fare expense + lunch out expense + hair cut expense + movie rental expense
= $8.70 + $7.35 + $16 + $5.95
= $38
We have added all the types of expenses that are provided in the case i.e. bus fare, lunch out, hair cut and movie rental expenses.
Answer:
The correct answer is letter "C": exports less imports.
Explanation:
Net exports are the difference between exports and imports from a country. It is computed by subtracting the total export value of the country, with the total value of the imports. Net exports from a country take on a negative value or <em>trade deficit </em>if it imports more merchandise than it produces. If a nation imports less merchandise than it exports, a positive value or <em>trade surplus </em>results.
