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lisov135 [29]
3 years ago
8

If your nominal income is​ $80,000 and your real income in base year prices is​ $71,500, what is the​ cpi?

Business
1 answer:
Veseljchak [2.6K]3 years ago
4 0
<span>The consumer price index would change in concert with the real value of the income that the consumer has. In this case, the nominal value is 80,000 with a real value of only 71,500. Taking these two values and dividing them gives a quotient of 1.118, which is rounded up to 1.12, multiplied by 100 to give a CPI of 112.</span>
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Explanation:

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If property rights are not well enforced, all of the following are likely to occur except;_________
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Answer:

If property rights are not well enforced, all of the following are likely to occur except;_________

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1. Define scarcity. What signifies to managers that a resource used in production is becoming scarce? What impact does this have
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\frac{Maturity}{(1 + rate)^{time} } = PV  

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time  2.00

rate  0.10000

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