Answer 1: The Correct answer is C) the average prices of goods and services decreased between last year and this year.
CPI stands for consumer Price Index. Also known as the 'basket' the index is developed by national governments to monitor the prices of basic goods and services used by the population.
This has to include basic items that the majority of population uses every day e.g. milk, chicken, electricity etc.
In this case, the CPI had decreased from 91.0 to 90.0 which means the prices fell.
Answer 2: The correct answer is A) 3.6%
The formula to calculate unemployment rate is:
No. of unemployed ÷ No. of Working People x 100
In this case, it was 9 million divided by 250 million x 100
3.6% unemployment rate is actually very less for an economy and is an indicator that the economy is doing well and creating enough jobs for most people. A high unemployment rate signals a worsening economy.
<span>Retirement income for older women is about 55 percent of that for men. In the year 2009, 16 percent of single older men and 21 percent of single older women cut down under the poverty line. Among individuals aged 65, more than two times as many men as women have private pensions.</span>
The act placing a fraud alert is an effective way of dealing with inaccuracies in a credit report because its encourages the lenders and creditors to take an extra steps to verify the credit-account holder before issuing credit.
<h3>What do we know as credit report?</h3>
Basically, a typical credit report refers to a statement that has important information about your credit activity and & credit situation such as loan paying history and the status of your credit accounts. Most people in the United States have more than one credit report
The purpose of placing fraud alerts on credit reports is explained as follows. When a fraud alert is placed, its can make it harder for someone to open unauthorized accounts in your name. Also, the action also encourages or requires lenders and creditors to take extra steps to verify your identity such as contacting one by phone before opening a new credit account in your name or making changes to existing accounts.
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milk is heated to destroy harmful bacteria
