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const2013 [10]
3 years ago
8

The ratio (Price Level in Earlier Time) / (Price Level Today) would be used to:_________

Business
1 answer:
Aneli [31]3 years ago
3 0

Answer:

Option d (convert.................inflation) is the correct approach.

Explanation:

  • The proportion \frac{(Price\  level \ of \ earlier \ times)}{(Price \ level \ of \ today)} would have been utilized to incorporate or transform today's moment to something like an earlier market value, making adjustments rising prices.  
  • As well as the rate of return \frac{(Today's \ price)}{(Earlier \ price)} will indeed transfer the previous price to current prices, modifying inflation.  

Some other preferences really aren't comparable to the scenario in question. So the above obvious response is the correct one.

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If the total utility from consuming the fifth unit of a product is 6 and the total utility from all five units is 162, then the
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Answer:

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