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Elena-2011 [213]
3 years ago
5

As reported by the Bureau of Labor Statistics, the CPI for Airfare in 2263 was 586.1 (using a base year of 1914 = 100). The CPI

for Airfare in 2264 was 605.7. Based on this data, what was the inflation rate of airfare from 2263 to 2264?
Business
1 answer:
navik [9.2K]3 years ago
3 0

Answer: 3.34%

Explanation:

Firstly, we have to calculate the difference in CPI from the year 2263 to 2264 which will be:

= 605.7 - 586.1

= 19.6

Then, the inflation rate will be:

= Difference in CPI / Base CPI × 100

= 19.6/586.1 × 100

= 3.34%

The inflation rate is 3.34%.

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Suppose that after controlling for age and education, it is found that the average woman earns $0.80 for every $1.00 earned by t
ad-work [718]

Answer:

Consider the following explanations

Explanation:

a. The whole argument is based on the controlling of different factors such as age, education and occupation among males and females. Now, this is very subjective how they have controlled occupation. For e.g. – Which all occupation they have considered for as stressful job, which all jobs they have considered as physical tiring jobs. Working in a refinery may be physical tiring job but then working in IT Company can also be tiring.

Therefore since there are lot of factors at play apart the one considered to calculate ratio’s we can say that these differential percentage points can always be more than or less than of what presented in question.

b. The same logic has to be applied to (b) as well. When we say that discrimination account for less than 8 percent of differential we implied to say that occupation nature may have more than 12 percent of differential. Now, if you use above logic and applied from occupation point of view.

4 0
3 years ago
Read 2 more answers
In 2010, real GDP was $13.2 trillion and nominal GDP was $14.6 trillion. What was the GDP deflator for that year?a. 9.6% lower b
serg [7]

Answer:

d. 10.6% higher

Explanation:

Given that;

Real GDP = $13.2 trillion

Nominal GDP = $14.6 trillion

GDP deflator = (Nominal GDP/Real GDP)× 100)

Hence,

GDP deflator = (14.6 / 13.2 ) × 100

GDP deflator = 110.6%

Thus,

= 110.6 - 100

= 10.6% higher

5 0
3 years ago
5. Name the three factors of production and two payment types in the circular flow model.
zhannawk [14.2K]
Hi sweetie! Hope i can help!


Answer:

Land, labor, and capital


Wishing you the best of luck,
Izzy
4 0
3 years ago
Explain the meanings of market timing and security selection, highlighting their similarities and differences.
elena-s [515]
<h3>What Is Market Timing?</h3>

Market timing is the act of moving investment funds into or out of financial markets – or moving funds between asset classes – based on predictive methods. If an investor can predict when the market will go up and down, they can trade to turn that market movement into a profit.

<h3>What is security selection?</h3>

Security selection is the process of determining which financial stocks to include in a particular portfolio. Good stock picks can generate profits during market ups and downs and climate losses during bear markets.

Security selection implies picking individual stocks that the fund manager expects will outperform the market as a whole. Market timing implies betting on systematic risk factors. We see that Swedish equity mutual funds engage in both these types of active behaviour.

To learn more about mutual funds from given link

brainly.com/question/14967316

#SPJ4

8 0
2 years ago
What economic impact have pandemics , had on global trade?
12345 [234]
Well obviously the economy is shrinking. people aren’t buying/trading much because they don’t want to risk going out and going through avoidable things you know?
8 0
3 years ago
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