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
amm1812
3 years ago
15

The Bureau of Labor Statistics reported the consumer price index as 229.6 in December 2012, and 246.5 in December 2017. By what

percentage did the index increase from the end of 2012 to the end of 2017 (rounded to one decimal place)
Business
1 answer:
slega [8]3 years ago
4 0

Answer:7.4%

Explanation: In December 2017, the CPI stood at 246.5 up from 229.6 in December 2012. This is a 7.4% increase [(246.5-229.6) /229.6] *100=7.4

You might be interested in
A bank provides its customers mobile applications that significantly simplify traditional banking activities. For example, a cus
il63 [147K]

Answer:

The correct answer is A. Differentiation.

Explanation:

They are marketing strategies used by companies to highlight a product about similar offers in the market.

This strategy seeks to provide the company with a competitive advantage, it is important that this strategy is directed directly to a specific segment of the market and delivers a concrete and positive message about the different product to other products in a market.

This strategy offers a small business survival opportunity when they compete in a market dominated by large companies.

It is important that the company is clear about the principle of this type of strategy, since achieving being different is not the objective, the particularity is being relevant and achieving consumer preference, that is, it is not enough to be different from the others, that difference must be followed by a benefit that the client supposes important and effective.

5 0
3 years ago
Suppose People's bank offers to lend you $10,000 for 1 year on a loan contract that calls for you to make interest payments of $
vodka [1.7K]

Answer:

10.38%

Explanation:

The formula to compute the effective annual rate of the loan is shown below:

= (1 + nominal interest rate ÷ periods)^ number of period - 1

The nominal interest rate is shown below:

= $250 × 4 ÷ $10,000

= $1,000 ÷ $10,000

= 0.1

Now the effective annual rate is

= (1 + 0.1 ÷ 4)^4 - 1

= (1 + 0.025)^4 - 1

= 1.025^4 - 1

= 10.38%

Since the interest rate is measured on a quarterly basis, we know there are four quarters in a year and we do the same in the calculation part.

This is the answer but the same is not provided in the given options

4 0
3 years ago
Suppose that the European Union is now experiencing a recession. Its actual real GDP is €200 billion, and the estimate of its po
jek_recluse [69]

Answer and Explanation:

As per the data given in the question,

The central bank have various tools to apply expansionary policy and these tools are :

- Reserve ratio.

- Discount rate.

- Open market operations.

The open market operations include the buying and selling of government owned securities by central bank to impact the monetary base in the economy. In case of any recession, the central bank should purchase government securities to enhance the money supply. Because whenever they do any kind of open market purchase there would definitely be increase in money in the economy. That's why increment in money supply decrease the interest rate in economy.

Nominal interest rate is the cost of borrowing so if there is decrement in interest rate, there would be consumption and investment activities. these both are the component of aggregate demand so the aggregate demand will increase, and this increment in aggregate demand helps the economy to recover in the situation of recession.

6 0
3 years ago
What will a contingency note contain?
kykrilka [37]

Answer:

Contingencies are potential liabilities that might result because of a past event

Explanation:

Reasonably possible losses are only described in the notes and remote contingencies can be omitted entirely from financial statements.

4 0
3 years ago
Entrepreneurship can be very challenging. Which is not a typical challenge of being an entrepreneur?
lord [1]

Answer:

<u>Financial reward</u> is not a typical challenge

Explanation:

3 0
3 years ago
Other questions:
  • Use the following advice from most financial advisors to solve the problem. ∙ Spend no more than 28% of your gross monthly incom
    11·1 answer
  • On April 17, 2021, the Loadstone Mining Company purchased the rights to a coal mine. The purchase price plus additional costs ne
    5·1 answer
  • Which of the following is true about checks?
    7·1 answer
  • Pina Corporation began operations on January 1, 2014. During its first 3 years of operations, Pina reported net income and decla
    11·1 answer
  • Demonstrate the required adjusting entry needed to record a $1,000 note receivable collected by the bank by choosing the correct
    5·1 answer
  • One year ago, you purchased 300 shares of Southern Cotton at $32.60 a share. During the past year, you received a total of $280
    8·1 answer
  • MV Corporation has debt with market value of $ 102 ​million, common equity with a book value of $ 99 ​million, and preferred sto
    13·1 answer
  • To reduce your chances of identify theft you should
    5·1 answer
  • Eonomic profits result whenever only a few large competitors are active in a given market. discuss this statement
    14·1 answer
  • A(n) , or trading bloc, is a regional group of countries with a common external tariff, no internal tariffs, and coordinated law
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!