Answer:
Higher
Step-by-step explanation:
1) In Macroeconomics, The core inflation rate does not include food and energy since these categories are way more volatile, due to oil and season matters. And statistically this measure looks for more robust items, to compose the core inflation in a more accurate way. The Consumer Prices Index (CPI) is the metric used for the cost of living.
Another Index, used by the Fed is the PCE, for the goods and services consumed by the US residents.
So, the Core inflation is based on CPI and PCE, <em>Personal Consumption Expenditure</em> therefore the inflation rate for the past year was higher than 4%, for it is not solely based on CPI index.
Sylvia puts in $121.
10% of (multiply) $210.
210= 100 each person plus an additional ten from Leroi
so .10*210 = $21.
Add Sylvia's $100 plus $21 and viola, $121
The rate defines how much the portion is of the base.
A) a customer would pay $1.60 for 1 pound of apples. (To solve, plug in “1” for “p” and find c))
B) 8.5 pounds of apples would cost $13.60. (To solve, plug in 8.5 for p and find c)
C) If a customer pays $5.20, they will have purchased 3.25 pounds of apples. (To solve, plug in 5.2 for c and solve for p)
Have a great day!
