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nata0808 [166]
3 years ago
9

The consumer price index is __

Business
1 answer:
Yanka [14]3 years ago
7 0

Answer:

The consumer price index is a systematic calculation used to estimate price increases in a basket of goods and services that are indicative of consumption expenditure in the economy.

Explanation:

The Consumer Price Index refers to a metric used to determine the weighted average price of a set of consumer goods and services, such as food, transportation, and healthcare.  CPI is accountable for monitoring the change in retail prices of fundamental and everyday goods and services purchased by households across the world. Changes in the CPI are required to measure increases in the price of living. The CPI is one of the most commonly used indicators for the detection of inflation or deflation cycles.

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A free enterprise system refers to: a. Economic assets that are privately owned and exchanged in an open market. b. Property own
bazaltina [42]

Answer:

a. Economic assets that are privately owned and exchanged in an open market.

Explanation:

A free enterprise is an economy where where economic factors like price, product, and services are determined by market forces and not by the government.

It is also called capitalism, economic assets are privately owned and competition is the yardstick for market success.

The opposite of this is communism where economic factors are controlled by the government.

7 0
3 years ago
A land development company is considering the purchase of earth-moving equipment. This equipment will have an estimated first co
liraira [26]

Answer:

Explanation:

Let the number of days per year that the company will need the equipment in order to justify its purchase b represented by x.

Based on the information given, this will then be:

1130x + 180x = 199000(A/P, 10%,10) - 65000(A/F, 10%, 10), + 32000 + 220x

1310x = 199000(0.1627) - 65000(0.0627) + 32000 + 20x

1310x - 20x = 32377.3 - 4075.5 + 32000

1290x = 60301.8

x = 60301.8/1290

x = 46.75

Therefore, the answer is 46.75 days.

6 0
3 years ago
Besides the actual mortgage payment, which also factors into the monthly payment on a home?
Maurinko [17]

It is the property taxes that go along with the mortgage monthly payment

So the answer is C: Property taxes

The lender will generally set up an escrow account to cover for the property taxes and pay these items on your behalf when they are due

6 0
3 years ago
Lean production should result in reduced inventories. If lean production is successfully implemented, the difference in net oper
harina [27]

Answer:

True

Explanation:

If lean production totally eliminates inventories, the net operating income computed under the absorption and variable costing methods should be equal.  If lean production only reduces inventories, then the difference in net operating income under the two methods will be reduced.

Lean production is a system of production that tries to eliminate bottlenecks in the flow of goods by employing tools like just in time (JIT), Kaizen, and the 5S of Sort, Set in Order, Shine, Standardize, and Sustain, among others.  It attempts to cut costs, reduce unnecessary inventory, shorten production cycle, speed response time, grant employees autonomy,  and reduce waste of resources while ensuring high quality and customer satisfaction.

Lean production employs some principles in order to achieve efficiency.  They are: 1) definition of value, 2) mapping the value stream, 3) creating efficient flow, 4) using a pull system, and 5) pursuing perfection in all aspect of production activities.  The Lean approach can be applied to services and other aspect of business, like system, structure, and organization.

3 0
3 years ago
Sean, age 37, wants to maximize his 2021 Roth IRA contribution and purchase as much Beyond Meat stock as possible. If BYND stock
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