Is this a multiple choice question?
Answer:
A-Come up with a basket of goods bought by a typical consumer.
D-Find out the prices of the different goods.
C-Calculate how much the basket costs in each period.
B-Convert the cost of a basket to an index number.
Explanation: A Consumer Price Index is basically used to measure changes in the price level of a weighted average market basket of consumer goods and services purchased by households. It is used to measure inflation. Four steps are required when measuring the Consumer price index of an household. They include ;
Coming up with a list of items or good basket purchased by a consumer. Once that has been done, the prices of the separate items and cost of items at different times or period then convert.
The answer is: It borrows techniques from numerous subjects
Interdisciplinary field refers to the field that can only exist from the knowledge that derived from other fields.
When you are studying environmental science, you would notice that the subject would include knowledge from geography, physics, chemistry, and Biology at the same time.
B
If a king ruled unfairly he could lose this approval, which would result in his downfall. Overthrow, natural disasters, and famine were taken as a sign that the ruler had lost the Mandate of Heaven.
