1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Goryan [66]
3 years ago
7

What measures the change in prices of a basket of goods and services in a given year?

Business
2 answers:
Bogdan [553]3 years ago
8 0

Its D or inflation.

Ive took the test and tried all the answers

Strike441 [17]3 years ago
3 0
<span>The average change over time in the prices paid by urban consumers for a market basket goods and services of consumer is measured by the consumer price index. A general increase in the cost of goods and services which also measures the change in prices of a basket of goods and services in a given year is inflation.</span>
You might be interested in
How can you change the view of a presentation? A by navigating to the Home tab B. by using the icons on the status bar C.with th
Nastasia [14]
B would be the answer

6 0
3 years ago
Read 2 more answers
Explain the law of one price and the theory of purchasing power parity. Why doesn't purchasing power parity explain all exchange
Masteriza [31]

Answer:

The law of one price establishes that the product or service price will remain the same for all the entire world.

Explanation:

The law of one price establishes that the product or service price will remain the same for all the entire world. It is necessary to take into account for this law that the price of the currency  needs to be also the same and that the price of the product or service would not be affected by other factors such as additional buyers or sellers in the market.

On the other hand the purchasing power parity refers to the idea of an equilibrium of currencies in exchange rates, it means that the power for purchasing will be represented in the same way in the different countries, and it is important to mention that this theory is base in the law of one price.

The  the long run equilibrium is an idea that in theory represents all the equilibrium of prices, quantities, and markets in general; on the other hand, for the short run equilibrium there are some limitations in which the market cannot be explained as properly and fully balanced.

6 0
3 years ago
Which of the following statements is true about goods and services?
bearhunter [10]
Goods and services are:

B. Together, they represent everything that can be bought or sold.

A is false because only goods can be touched and tangible.
C is false because there are times when goods and services are scarce.
D is false because both have economic value that is why goods and services are bought and paid for.

4 0
3 years ago
Economic Consultant for Zuku Farms Ghana Limited. Zuku produces cowpea in a community
nadezda [96]

The answer and explanation of part a of the question is provided in the attachment.

Note:

complete question of part a is attached.

5 0
3 years ago
When a firm combines __________ and ___________, it builds core competencies group of answer choices activities; processes capab
STatiana [176]

When a firm combines Resources and Capabilities, it builds a core competencies group of answer choices activities; processes capabilities; skills knowledge; information resources; capabilities.

The resources and expertise that make up a company's competitive advantages are its core competencies. Any organization's core competencies are the capabilities, skills, resources, and capacities that make up its "defining strength." A company's core strength is unique, making it difficult for other organizations—whether they are longtime rivals or recent market entrants—to imitate it.

Each skill is a value that enhances the company's core positioning. They are important because they can make it very difficult for rivals to precisely reproduce the company's goods or its success. This is why one of the most important steps in strategic planning is determining key skills.

To learn more about Core competencies

brainly.com/question/18568831

#SPJ4

6 0
2 years ago
Other questions:
  • Roberta Whitman has recently been hired by Jackson Pharmaceuticals as the senior vice president of human resources. Jackson Phar
    11·1 answer
  • Regan grows flowers and makes ceramic vases. Jayson also grows flowers and makes ceramic vases. Regan can produce 3 times as man
    5·2 answers
  • Companies facing the challenge of setting prices for the first itme can choose between two board strategies; marketing-penetrati
    10·1 answer
  • A sporting goods manufacturer budgets production of 45,000 pairs of ski boots in the first quarter and 30,000 pairs in the secon
    5·1 answer
  • Variables that are based on some objective physical (gender, ethnicity), measurable (age, income), or other classification attri
    12·1 answer
  • Explain why circulation and rating systems determine how much money different advertisements cost to run.
    9·1 answer
  • Advanced Printing Systems is a firm in a monopolistically competitive market. If it is selling its product at $11 at the equilib
    8·1 answer
  • The balance in the unearned fees account, before adjustment at the end of the year, is $14,530. Journalize the adjusting entry r
    12·1 answer
  • A manufacturing company incurs depreciation costs of $6,000 per month on manufacturing machinery. The depreciation cost per unit
    12·1 answer
  • A chemical bond resulting from the sharing of electrons between two elements with very similar electronegativity are indicative
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!