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Leona [35]
3 years ago
11

An economics professor is discussing a measure of inflation over time based on a basket of goods comprised of all the components

of GDP. Which measure is it?
Business
1 answer:
Jlenok [28]3 years ago
3 0

Answer:

GDP Price Deflator

Explanation:

GDP price deflator is a measure of the general changes in the price level of all the finished goods and services in a country in a period.  While GDP is a measure of the total output in an economy, the GDP price deflator shows the extent to which prices changed in a period. In proving the effects of price changes, the GDP deflator identifies a base year then compares the current prices to base year prices.

The GDP price deflator allows economists to compare the GDP   of different periods while considering the inflation between those periods. It does this by comparing the nominal GDP with the real GDP.

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The price component of a marketing mix is:
Murljashka [212]

Answer: the correct answer is a. a competitive weapon for companies

Explanation:

Pricing has an important role as a competitive weapon to help a business exploit market opportunities. Pricing also has to be consistent with the other elements of the marketing mix, since it contributes to the perception of a product or service by customers.

7 0
3 years ago
Which factor supports maintaining a dual income?
Bad White [126]
The solution is to open joint bank account. Joint account will allow you to deposit or withdraw cash from your dual income without any fear that one account will get lost. This will help you manage your money and also share it to one of your family members. Your income is safe with you having a joint account because you can monitor it in one transaction only.
3 0
2 years ago
Read 2 more answers
When the price of gasoline​ rises, some consumers begin riding their bikes more frequently or riding the bus instead of drivin
NeTakaya

CPI does not fully account for such changes in consumer behavior is called

substitution bias

Explanation:

  • When the price of gasoline rises, some consumers begin riding their bikes more frequently or riding the bus instead of driving their cars. The fact that the CPI does not fully account for such changes in consumer behavior is called substitution bias
  • Substitution bias describes a possible bias in economic index numbers
  • If the consumer behavior  do not incorporate data on consumer expenditures going from relatively more expensive products to cheaper ones as prices will change.
  • Substitution bias is the price of a products when the consumer basket increases substantially, consumers tend to substitute lesser priced alternatives.
  • Substitution bias is a genuine problem with a price index. Consumers can substitute goods in response to price changes.
7 0
3 years ago
The purchase of which of the following gives the buyer part ownership of a company?
spayn [35]

\qquad\qquad\huge\underline{{\sf Answer}}♨

The Correct option is Stocks !

Stocks are part of net worth of a company, and person who owns stocks of a particular company gains part ownership of that company.

8 0
2 years ago
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On March 1, a designer received a check for $7,500 from a customer for services to be provided after the customer chose a color
choli [55]

Answer:

unearned service revenue 7,500 DEBIT

       service revenue 7,500 CREDIT

Explanation:

the job is complete on July 31th

so <em>we write-off the unearned service reveue</em>

and <em>we recognize the service revenue </em>for the whole amount of the contract

The cash receipt occurs on March 1st so w edon't haveto post anythign related to cash on July 31th.

the unearned revenue account is used first because the business has the obligation of perform the job or return the cash. So it is a liablity until the job is completed

3 0
3 years ago
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