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kvv77 [185]
2 years ago
13

What does CPI stand for and what is it used to measure?​

Business
1 answer:
aleksklad [387]2 years ago
8 0

Answer:

please give me brainlist and follow

Explanation:

Consumer Price Index

The Consumer Price Index (CPI) is a measure of the average change overtime in the prices paid by urban consumers for a market basket of consumer goods and services.

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3 years ago
The treasurer of a major U.S. firm has $40 million to invest for three months. The interest rate in the United States is .28 per
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Answer:

Check the explanation as follows.

Explanation:

a) If it is invested in US

Current= $40 million

Interest rate= 0.28% p.m

Interest for 1 month= $40 million*0.28%= $0.112 million

Interest for 3 months= $0.112*3= $0.336 million

Total value after 3 months= $40 million+$0.336 million = $40336000.

b) If it is invested in Great Britain.

Convert $40 million into Pounds= $40 million*0.639 = Pound 25.56 million

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Interest per month= 25.56 million*0.32% *3 = 0.245376

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Convert into $= 25.805376/0.642 = $40195289.7156

Value if invested in great britain= $40195289.7156

8 0
2 years ago
Soprano Corporation allocates administrative costs on the basis of staff hours. Short-run monthly usage and anticipated long-run
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Answer:

$850,000

Explanation:

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=$170,000/$200,000*1000,0000

8 0
2 years ago
The fact that there are now more single people going on vacation is a behavioral trend observed in the hospitality and tourism i
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true

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If there is a federal budget surplus, then government revenues are greater than its expenditures.
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