Hi
I remember they used to give me options for this kind of question :)
Here you go, I remember the answer is : Craft
Good luck!
Suppose in 2010, the producer price index increases by 1.5 percent. As a result, the economists are most likely to predict that the consumer price index will increase in the future.
The producer price index is used in order to measure inflation from the perspective of costs to industry. Thus, the producer price index measures the cost of a group of goods and services which are purchased by firms.
Whereas the consumer price index refers to an average of the prices received by producers of goods and services at all the stages of the production process. Thus, when the producer price index increases by 1.5 percent, this is the indication that consumer price index will increase in the future.
Hence, higher producer prices means that consumers will pay more when they buy.
To know more about producer price index here:
brainly.com/question/6335529
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Answer:
The opportunity cost of the event $21.
Explanation:
Opportunity cost is the loss of alternative when someone chooses an alternative.
Number of Hours = 3 hours
Earning per hour = $7
Total opportunity cost = $7 x 3
Total opportunity cost = $21
As Max has to bear the loss of $21 earning when he goes to the event in the museum. So this is his opportunity cost.
Answer:
letter A just my suggestion ☺️☺️
Answer:
Total sum at te end of 6 years=$ 73,138.97
Explanation:
<em>The total sum in Lee's account at the end of year would be determined as follows:</em>
FV= A × (1+r)^n
FV- Future sum?,
A- deposit amount ,
r- interest rate - 9%/2 = 4.5% per 6 months
n- number of years is 6
First deposit for 6 years
FV = 15,000× 1.045^(2×6)
= $25,438.22
Last 40,000 for 2 years
FV = 40,000 1.045^(2×2)
=47,700.74403
Total sum at the end of 6 years
= $25,438.22 + $47,700.74
=$ 73,138.97
