Suppose the consumer price index (cpi) for year x is 130. this means the average price of goods and services is <u>Prices have increased by 30% from the base year to the current year.</u>
The consumer price Index measures the overall change in patron charges primarily based on a representative basket of goods and offerings through the years. The CPI is the maximum widely used measure of inflation, closely followed by means of policymakers, financial markets, organizations, and purchasers.
The CPI is one of the most commonly used equipment to measure inflation and deflation. Inflation is a vital indicator of an economic system's fitness. Governments and central banks use the CPI and different indices to make monetary selections. The key amongst these is whether or not to raise or lower interest fees.
A consumer price index is a rate index, the price of a weighted average market basket of customer items and services bought through households. Changes in measured CPI track adjustments in costs over the years.
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Answer:
$4,140
Explanation:
Given the above information, we will compute the bad debt expense as;
Bad debt expense
= (Cash sales × 4% of accounts receivables) - Credit balance in allowance for doubtful accounts
= ($161,000 × 4%) - Credit balance in allowance for doubtful accounts
= $6,440 - $2,300
= $4,140
Therefore, the bad debt expense is $4,140
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Answer:
Steady state
Explanation:
This rest point is called the steady state. At this state investment is equal to depreciation. In solow growth model, an economy in steady state is of a stable size or fluctuates just a little.
Output, population, capital stock, saving, investment, and technical progress, all grow at a constant rate or are constant. An economy gets to a steady state after a period of growth or after a downsizing period.
Answer:
2. the advertising techniques used to persuade the viewer. In order to do this, Nori need to determine whether the advertisers using a visual or principle attraction method for this product
4. what tools the advertiser uses to sell the product. This could range from newspaper, billboard, television, or phamplets
5. the purpose of the advertiser's message. Nori need to do this in order to find out the customer segmentation of the product
