1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mariana [72]
3 years ago
10

A purpose of the Core Inflation Index is _______________. Select the correct answer below: to help consumers understand the over

all cost of living from month to month to be a gauge from which to make important government policy changes to help companies make decisions about production and hiring to help people determine global trends in the oil market
Business
1 answer:
8090 [49]3 years ago
4 0

Answer:

to be a gauge from which to make important government policy changes.

Explanation:

Inflation can be defined as the persistent general rise in the price of goods and services in an economy at a specific period of time.

Generally, inflation usually causes the value of money to fall and as a result, it imposes more cost on an economy.

Furthermore, when this persistent rise in the price of goods and services in an economy becomes rapid, excessive, unbearable and out of control over a period of time, it is generally referred to as hyperinflation.

Core Inflation Index can be defined as a measure of the change in the price (cost) of goods and services over a specific period of time but excluding the products or items from the energy and food sector. The energy products and food items are excluded because they're transitory i.e having temporary price volatility and as such making their prices change easily.

In Economics, some of the common ways to measure the rate of inflation in a country is through the consumer price index (CPI), gross domestic product deflator (GDP Deflator), personal consumption expenditures price index (PCEPI), employment cost index (ECI), producer price index (PPI), etc.

Hence, a purpose of the Core Inflation Index is to be a gauge from which to make important government policy changes that would have a significant effect or impact on the lives of the citizens of the country.

You might be interested in
Comfy Mattresses, Inc., is opening a new plant in Orlando, Florida. Ron Lane, distribution manager, has been asked to find the l
romanna [79]

Answer:

The question content is not complet. Here is the complete question I got from google

Comfy Mattresses, Inc., is opening a new plant in Orlando, Florida. Ron Lane, distribution manager, has been asked to find the lowest cost outbound logistics system. Given an annual sales volume of 24,000 mattresses, determine the costs associated with each option below.

a. Build a private warehouse near the plant for $300,000. The variable cost, including warehouse maintenance and labor, is estimated at $5 per unit. Contract carrier transportation costs $12.50 per unit on average. No external transportation services are necessary for shipment of mattresses from the plant to the warehouse in this scenario. The fixed warehouse investment can be depreciated evenly over 10 years.

b. Rent space in a public warehouse 10 miles from the plant. The public warehouse requires no fixed investment but has variable costs of $8 per unit. Outbound contract carrier transportation would cost $12.50 per unit on average. The carrier at charges $5 per unit to deliver the mattresses to the warehouse from the plant.

c. Contract the warehousing and transportation services to the Freeflow Logistic Company, an integrated logistics firm with a warehouse location 25 miles from the plan. Freeflow requires a fixed investment of $150,000 and charges $20 per unit for all services originating at the plant. The fixed investment covers a 10-year agreement with Freeflow.

d. Name a few advantages aside from cost that the low-cost alternative above may have over the other alternatives.

Explanation:

Let us weigh different options for Comfy Mattresses:

Option A

building cost for a private warehouse near the plant(one time fixed cost)  = $300,000

maintenance warehouse of  $ 5 per unit= (24000 X5) = $120,000

cost of contract carrier $12.50 per unit = (24000X12.50) = $300,000

Total cost = $420,000 $(120000+300000)

Depreciation @ 10% = $30,000

Total cost in a year = $450,000 (Total cost + Depreciation = $(420000 +30000))

Option 2

Variable cost=  (24000 X8) $192000

Transportation of outbound carrier = (24000X12.50) $300,000

Carrier charges from warehouse to plant= (24000 X5) $120,000

Total = $612,000 (192000+300000+120000)

Option 3

Company's freeflow Logistic - Fixed investment = $150,000

Other charges =  (24000 X20) = $480,000

Total = $630,000 = $(150000 + 480000)

The best option is the first option. The investment in the first  is more, but after deducting a depreciation of 10% every year the cost would be much less. The total cost in the first year  would be $750,000 if we take depreciation which is more than the 2nd and 3rd option.

The cost will be drastically reduced for the second year. It will  be $450,000, which covers the extra investment done in the warehouse during the first year. From the third year onward, the benefit of going with the first option will start showing.

If we are to  rate all the options, Option 3 would be second in order, after the first option. Here Comfy Mattresses Inc outsources all the services to a private vendor  by paying little extra amount than Option 2. Ina way all the risk as well as tension of transportation and running the plant is passed on the the vendor (Freeflow Logistic Company).

8 0
4 years ago
What are wholesalers​
snow_tiger [21]

Answer:

Wholesaler is a company that earns money by buying large quantities of goods then selling in bulk to smaller businesses.

Hope this help :)

4 0
3 years ago
Read 2 more answers
The top global advertising firms have had a lot of mergers in recent years. why?
Tju [1.3M]
This is because of the rampant advertising activities that can be done through social media and other platforms related to the internet and the global network. The world has become too small already because of the presence of technology in the form of internet connection. The need for advertising firms is no longer that high because with just a click of a button you can already create your own advertising material and reach as many people as you can. This is the reason why a lot of top global advertising firms have seen a lot of mergers in the recent years of advertising.
5 0
3 years ago
Which spreadsheet function is used to conduct a logical test to see if the conditions of a given expression can be met? A. Round
Nataly [62]

D.IF Function (APEX VERIFIED)

6 0
3 years ago
Read 2 more answers
Which statement is true according to the article?Choose one:A. Chilean companies aim to improve their wine distribution in China
Rufina [12.5K]

Answer:

The answer is "Option A".

Explanation:

In this question, the first choice is correct because the Chilean organizations continue to improve the existing wine business in the country of China, with Chile aiming to the advantage of the military conflict as well as expand its position in the Chinese beverage (wine) market though the wider optimization.

4 0
3 years ago
Other questions:
  • A system where a signature or profile is created from the observation of usage over time. this signature is used as a baseline t
    8·1 answer
  • The balance in retained earnings at December 31, 2017 was $1,440,000 and at December 31, 2018 was $1,164,000. Net income for 201
    15·1 answer
  • Christian wants to start a business. He is attracted to the idea of being his own boss, Christian wants to start a new business.
    7·1 answer
  • Question 5 (60 points)
    14·1 answer
  • 8-12 Value of a Preferred Stock A preferred stock from Hecla Mining Co. (HLPRB) pays $3.50 in annual dividends. If the required
    12·1 answer
  • Which of the following is the responsibility of a vendor?
    12·2 answers
  • There is no demand for a certain commodity when the unit price is $200 or more, but the demand increases by 200 units for each $
    7·1 answer
  • What is a savings and loans bank? advantages and disadvantages.​
    11·1 answer
  • WILL MARK BRAINLIEST
    5·1 answer
  • StylesQuestion 12 (Essay Worth 4 points)
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!