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mylen [45]
3 years ago
9

To determine the consumer price index (CPI), _____. a. only the current market basket at current prices needs to be known. b. th

e values of the base-year market basket at current and base-year prices need to be known. c. the values of the current market basket at current and base-year prices need to be known. d. only the current market basket at base-year prices needs to be known. e. the values of the current market basket at current prices and the base-year market basket at base-year prices need to be known.
Business
1 answer:
Maru [420]3 years ago
7 0

Answer:

e. The values of the current market basket at current prices and the base-year market basket at base-year prices need to be known

Explanation:

The formula of Consumer Price Index (CPI) is: Current year price of basket consisting of many goods / Base year price of basket consisting of many goods.

The result obtained from the above formula is multiplied by 100 to get final answer in percentage form. So, Option E is the correct option.

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Even though the united states has an unemployment compensation program that provides income for those out of work, should we sti
Margaret [11]

Yes, as the unemployment compensation scheme only provides the unemployed with enough money to meet their basic necessities.

Payments provided to unemployed persons by authorised authorities are known as unemployment benefits, sometimes known as unemployment insurance, unemployment payment, unemployment compensation. Benefits are paid for in the US through a mandatory government insurance programme, not through individual citizen taxes. Those amounts may be little, merely covering the most basic requirements, or they could make up for the lost time proportionate to the prior earned wage, depending on the jurisdiction and the individual.

Only individuals who register as becoming unemployed due to no fault of their own are often eligible for unemployment benefits, and frequently only on the condition that they actively seek employment.

To know more about unemployment compensation refer here:

brainly.com/question/13946370

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5 0
2 years ago
The general ledger of Pop's Fireworks includes the following account balances in 2021:
zimovet [89]

Answer:

June 3

Account Receivable $7,000 (debit)

Service Revenue $7,000  (credit)

June 8

Cash $4,500 (debit)

Discount allowed $500 (debit)

Accounts Receivables $5,000 (credit)

November 15

Bad Debt $1,500 (debit)

Accounts Receivables $1,500 (credit)

Explanation

The above transactions must be adjusted as they affect our transactions at the reporting date. Remember to grant the cash discount on early settlement of the payment made on June 8. The policy of sales on account is on the terms of 2% cash discount on payments made within 10 days.

7 0
3 years ago
What is a business plan
WARRIOR [948]

it's a plan that you would like to achieve later with the objective and strategic of business

4 0
3 years ago
Departmental information for the four departments at Samoa Industries is provided below. ​ ​ Total Cost Cost Driver Square Feet
12345 [234]

Answer:

a) The proportional (percentage) usage of the Janitorial Department by the Cafeteria, would be 50%

b) The proportional (percentage) usage of the Janitorial Department by the cutting would be 10%

c) The proportional (percentage) usage of the Janitorial Department by the Assembly would be 40%

Explanation:

In order to calculate the proportional (percentage) usage of the Janitorial Department by the (a) Cafeteria, (b) Cutting, and (c) Assembly departments, we would have to calculate first the amount of the janitorial department costs to be allocated to the (a) Cafeteria, (b) Cutting, and (c) Assembly departments, as follows:

Cafetaria

=150000×20000/(20000+4000+16000)

=$75,000, Hence the proportional (percentage) usage of the Janitorial Department by the Cafeteria, would be 50%

Cutting

=150000×4000/(20000+4000+16000)

=$15,000, Hence the proportional (percentage) usage of the Janitorial Department by the cutting would be 10%

Assembly

=150000×16000/(20000+4000+16000)

=$60,000,Hence the proportional (percentage) usage of the Janitorial Department by the Assembly would be 40%

6 0
3 years ago
Harvey quit his job at State University, where he earned $45,000 a year. He figures his entrepreneurial talent or forgone entrep
kondaur [170]

Answer:

The explicit costs of Harvey's firm in the first year were $605,000

Explanation:

According to the given data we have the following:

In the first year, the firm sold 11,000 units of software

$55 goes for the costs of production, packaging, marketing, employee wages and benefits

Therefore, in order to calculate explicit costs of Harvey's firm in the first year we would have to make the following calculation:

explicit costs of Harvey's firm= units of software sold*costs of production, packaging, marketing, employee wages and benefits

explicit costs of Harvey's firm=11,000*$55

explicit costs of Harvey's firm=$605,000

The explicit costs of Harvey's firm in the first year were $605,000

3 0
3 years ago
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