Answer:
Empathy is important because it awakens our senses as designers.
Answer:
The amount of Best Buy's cost of goods sold was $32,720 million
Explanation:
cost of goods sold = sales - gross profit
= $42,410 million - $9,690 million
= $32,720 million
Therefore, The amount of Best Buy's cost of goods sold was $32,720 million
Answer:
The overall cost of buying a market basket of goods and services by a typical customer.
Explanation:
The question is incomplete, but I figured that the question is trying to find out the correct meaning of CPI with different options provided. The correct question should be:
<em>The CPI is a measure of </em>
- <em>the overall cost of goods and services produced in the economy </em>
- <em>the overall cost of inputs purchased by a typical producer </em>
- <em>the overall cost of buying a market basket of goods and services by a typical consumer </em>
- <em>the overall cost of stocks on the New York Stock Exchange</em>
<em>Which option is correct?</em>
<em />
CPI or Consumer Price Index evaluates the average prices of a basket of consumer goods and services, for instance, medical care, food, and transportation. It is evaluated by analyzing the changes in and averaging the price of each item in the basket of consumer goods and services.
The CPI is usually used especially to discover situations of inflation of deflation.
Answer:
c. cash, checking account balances, and travelers' checks.
Explanation:
Money Supply is the concept that means the amount of the liquid financial products and total currency in the market or economy. It is regulated the macro-economically by the monetary policy. So, there are types of measures of money supply or stock:
-M0: narrowly, it means the hard currency in circulation
-MB: it equals M0+ the hard currency which are not technically in circulation and in bank reserves.
-M1: it is the most common one and equals M0 plus checking accounts plus travelers’ checks and other checkable deposits.
-M2: covers M1 and saving accounts and CDs.
-M3: it surrounds the larger deposits.
-MZM: finally, this indicates the money market deposits.
That’s why we could notice that M1 narrowly means the cash, checking account and travelers’ checks.
Answer:
The correct answer is b. will go primarily to consumers.
Explanation:
Inelastic demand is that demand that is not very sensitive to a change in price. In this way, before a variation in the price the quantity demanded reacts in a less than proportional way. For example, if the price increases by 10% and in response the quantity demanded is reduced by less than 10%, then the demand is said to be inelastic.
While the elasticity of the offer presents the degree of response of the quantities offered to variations in the price of the good considered, the price of other goods, the costs of productive factors or business expectations.
