Answer:
b. 116
Explanation:
The calculation of Consumer Price Index is shown below:-
CPI = ((Base year basket quantities × current year price) ÷ (Base year basket quantities × Base year prices)) × 100
= ((50 × $1.50) + (100 × $1.10)) ÷ ((50 × $1.20) + (100 × $1.00)) × 100
= (185 ÷ 160) × 100
= 115.6
0r 116
So, for computing the consumer price index for 2018 we simply applied the above formula.
Answer: False
Explanation:
The real interest rate is the nominal interest rate adjusted for inflation.
If the nominal interest rate was made with inflation in mind and this inflation is less than anticipated, the real rate will be higher not lower than expected.
For instance: Assume the nominal rate is 8% and the two parties assumed inflation would be 4%. Real rate would be:
= 8 - 4 = 4%
If inflation is instead 2%, real rate would be:
= 8 - 2 = 6%
Real rate would be higher than anticipated.
I found the options online. it would be to monitor the results
1) let P represent Price, and since the dependency is linear, the supply equation will take the following form:
A) Y- 
= 
⇒ Y - 1,000 = 
⇒ Y - 1,000 = 
⇒ Y = 
⇒ Y = 
, therefore,
P = 
B) When Y = 1,130, the price would be:
⇒P = 
⇒ P = 
Therefore:
P = $194
See the link below for more supply related questions:
brainly.com/question/2822773
