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lys-0071 [83]
3 years ago
14

The CPI measures the average prices paid by __________ for _________.

Business
1 answer:
Fittoniya [83]3 years ago
8 0

Answer:

B. urban consumers; the average basket of goods and services they buy

Explanation:

  • The CPI is an index that measures the weighted average of the price of a basket of goods and services such as the transportation, food and the medical care, etc.
  • The items are predetermined on the basket of goods and services, hence is widely used as an economic indicator and measures inflation and effectiveness of governmental policies.
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Explain some of the reasons why developing countries have not realized a greater positive development impact from their higher e
Tju [1.3M]

Answer:

Specific country(Nigeria)

(1) High level of corruption in the Educational sector

(2) Inadequate funding

(3) Inconsistent public policy.

Why should solid elementary System take precedence over expansion of University.

(A) To reduce the level of illiteracy and out of school children.

(B) To build a good foundation for the younger Population.

Explanation:

Developing countries are countries that have not yet achieved their full potential,they are improving but still lack in several areas like Education, Infrastructures, funding, Unemployment etc

Nigeria is judged by the World bank, Transparency international as one of the most corrupt countries of the world this is affecting the utilisation of funds for education making it difficult to execute effective development projects in the Educational sector,in Nigeria successive Governments change education policies making it extremely difficult to achieve

greater positive development impact from their higher education programs.

Instead of expansion of the University System it is better to invest in the elementary school level to ensure that the level of illiteracy and out of school children is reduced or eliminated and to build a better future for the younger kids and Population.

3 0
3 years ago
The government unit that wants to achieve "revenue enhancement" will find it considerably more favorable to enact an excise tax
boyakko [2]

Answer:

C. highly inelastic

Explanation:

An excise tax on a product will increase its price from the equilibrium point, to a higher point set by the government.

If the government was to enhance its revenue by this means, it should enact the excise tax on products that are highly inelastic.

This is because a highly inelastic product is one whose quantity demanded does not fall considerably even if the price rises a lot.

This means that even if the product is more expensive after the excise tax, consumer will continue to buy it, increasing government revenue in this way.

6 0
3 years ago
Deadweight loss is A. the reduction in consumer expenditure resulting from market failure. B. the reduction in economic surplus
never [62]

Answer:

The answer is: B) The reduction in economic surplus resulting from a market not being in competitive equilibrium.

Explanation:

Deadweight loss is an economic cost to society as a whole when market inefficiencies occur preventing it from reaching its equilibrium point. Market inefficiencies are caused by incorrect allocation of resources.

For example if a price ceiling is established, suppliers will tend to lower the quantity supplied while the quantity demanded either increases or stays the same. That economic deficiency resulting from an unsatisfied demand is what we call deadweight loss.

Other causes for deadweight loss are price floors (reduction of the quantity demanded) and taxation (shifts on the demand or supply curves).

5 0
3 years ago
Employee empowerment is another term used to describe ________, an objective of the employment relationship in which workers are
lisabon 2012 [21]

Employee empowerment is another term used to describe decentralization an objective of the employment relationship in which workers are given some say in the conditions of their employment.

Centralization or decentralization is the process by which an organization's activities, especially those related to planning and decision-making, are decentralized or delegated from a central, authoritative place or group.

The concept of decentralization has been applied to the group dynamics and management sciences of private companies and organizations, political science, law and administration, economics, money, and technology.

learn more about decentralization  here; brainly.com/question/27661901

#SPJ4

3 0
1 year ago
G MC Qu. 87 When is a goodwill impairment loss... When is a goodwill impairment loss recognized?
marin [14]

Answer:

Goodwill impairment occurs when a company decides to pay more than book value for the acquisition of an asset.

An impairment is recognized as a loss on the income statement and as a reduction in the goodwill account. The amount of the loss is the difference between the current fair market value of the asset and its carrying value or amount.

Explanation:

6 0
3 years ago
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