CPI (Consumer Price Index) is a measure of changes in prices paid by consumers for goods and services. It is used to estimate the changes in prices.
Therefore;
Change in prices = (CPI in current year - CPI in base year)/CPI in base year
Substituting for the values given in the current problem
Changes in prices = (108-100)/100 = 8/100 = 0.08 or 8%.
This shows that prices increased by 8% in the current year compared to the base year.
Answer: . an increase in aggregate demand and short-run aggregate supply
Explanation:
From the question, we are informed that during the 1990s, the economy of the United States was experiencing long-run economic growth, low unemployment, and a stable inflation rate.
The reason for this is due to an increase in aggregate demand and short-run aggregate supply. This two factors will lead to the long run economic growth which the United States experienced.
The break-even sales (units) is 15000;
240000/(36-20)
At this moment, fixed and variable costs will be completely covered by sales revenue (income).
Be = FC/(SP - VC) FC = fixed costs SP = sale price VC = variable costs
More about break-even sales:
The revenue level at which a company makes no profit is known as break even sales. This sales quantity completely offsets all of the variable costs related to the sales as well as the underlying fixed costs of a business.
Knowing the break even sales level gives managers a benchmark for the minimal volume of sales that must be produced throughout each reporting period to prevent losses.
For instance, the break even level can be used to reduce fixed expenses to meet the anticipated level of future sales if a business slump is anticipated.
Learn more about break-even sales here:
brainly.com/question/13770712
#SPJ4
Answer:
the correct answer is Eliminate tasks on the critical path.
Explanation:
Critical path is the set of activities which are essential or "critical" for the success of the process. If we truly need to reduce the length of a project, we should find innovative ways to reduce the number of critical processes in the critical path.
The above exercise has to do with GDP Analysis. It contains a comparison between Real GDP and nominal GDP.
<h3>What is real GDP?</h3>
Real GDP refers to a version of GDP (Gross Domestic Product) that has been adjusted for the effects of price inflation.
Thus:
From 2007 Q4 through 209 Q2, the real GDP grew by - 3.98%. This was a negative growth.
This was computed by the following formula:
% Increase = (Amount representing increase/ Original Figure) x 100
That is : ((15,134.10 -15762.00)/15,762.00)*100
= -3.98363151884
≈-3.98
Learn more bout Nominal GDP at;
brainly.com/question/834792
#SPJ11
