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Tresset [83]
2 years ago
7

The consumer price index is used toGroup of answer choicesturn dollar figures into meaningful measures of purchasing power.chara

cterize the types of goods and services that consumers purchase.measure the quantity of goods and services that the economy produces.differentiate gross national product from net national product.
Business
1 answer:
jenyasd209 [6]2 years ago
8 0
Im confused on what the question is
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Explain demand of money​
krek1111 [17]

Answer:

In monetary economics, the demand for money is the desired holding of financial assets in the form of money: that is, cash or bank deposits rather than investments. It can refer to the demand for money narrowly defined as M1 (directly spendable holdings), or for money in the broader sense of M2 or M3.

Explanation:

7 0
3 years ago
The following is an extension economy of scale
ValentinkaMS [17]

The example of an extension economy of scale is Bulk buying.

Explanation:

  • economies of scale are the main cost whose advantages are for the enterprises that  obtain due to their scale of operation, which is measured by the amount of output produced by the company with cost per unit of output resulting in decreasing with increasing scale.
  • Economies of scale apply to a vast variety of organizational and business situations and at multiple areas, such as a production, the plant or an entire enterprise.
  • Another source of scale economies is the possibility of purchasing inputs at a lower cost per unit, when they are purchased in large quantities.
  • Managerial economies of scale occur when large firms are able to afford specialists. They manage i an effective manner, particular areas of the company.
  • Economies of Scale refer to the cost advantage that us experienced by a firm when it increases its level of output.
  • The advantage of the huge buying arises due to the inverse relationship between per-unit fixed cost and the quantity produced. The greater the quantity of output produced, the lower the per-unit fixed cost.

8 0
3 years ago
How long will it take for the dollar's purchasing power to be 3/4ths of what it is now, if the general inflation rate is expecte
vaieri [72.5K]

Answer:

5.61 years

Explanation:

Let the Present value be 'x'

Data provided in the question:

Future value = \frac{3}{4}x

Inflation rate, i = 5% = 0.05

Now,

Using the compounding

let number of years be n

thus,

Future value = Present value × [ 1 - inflation rate ]ⁿ

\frac{3}{4}x = x × (1  - 0.05)ⁿ

or

0.75 = 0.95ⁿ

on taking log on both the sides , we get

or

log(0.75) = n × log(0.95)

or

-0.125 = n × (-0.0223)

or

n = 5.61 years

or, n = 11.89 years

8 0
3 years ago
To create an indian flag as per the standard ratio​
adell [148]
Anwser - 3:2 I’m not sure if u still need help
5 0
3 years ago
Crane Corp., a company whose stock is publicly traded, provides a noncontributory defined-benefit pension plan for its employees
stiv31 [10]

Answer:

$118,000

Explanation:

Calculation to determine what Crane should report a pension asset / liability

Fair value of plan assets $740,000

Less Projected benefit obligation ($ 622,000)

Pension asset / liability $118,000

($740,000-$622,000)

Therefore Crane should report a pension asset / liability of $118,000

7 0
3 years ago
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