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3 years ago

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

1 answer:

4 0

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.

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In year 1, nominal GDP for the United States was $2,250 billion and in year 2 it was $2,508 billion. The GDP deflator was 72 in

leonid [27]

Answer:

c. 1.6 percent.

Explanation:

GDP Deflator = Nominal GDP / Real GDP * 100

year 1

Real GDP = $2250 billion/72*100

= $ 3125.

year 2

Real GDP = $2508 billion/79*100

= $3175

Real GDP rose by = Real GDP (2nd year) - Real GDP (1st year)

= $3175 - $3125

= $ 50

% increase = $50/$2,250*100

= 1.6%

Therefore, The Real GDP rose by 1.6%.

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3 years ago

Under the (GLBA) privacy rule, why is it important to differentiate between a consumer and a customer?

enot [183]

Answer:

D. Only customers receive a financial institution privacy notice automatically

Explanation:

Let us take an illustration of all the points, primarily A is inaccurate because simply customers acquire a financial institution's privacy note directly. B and C are unreliable because, depending on the bank's privacy practices, both consumers and customers may have rights under the law and be able to opt-out. So, the answer will be D as we know that, the Privacy Rule demands thou to provide a note to each of your "customers" regarding your privacy systems.

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3 years ago

During Burns Company's first year of operations, credit sales totaled $166,000 and collections on credit sales totaled $118,000.

marusya05 [52]

Answer:

1. Prepare all appropriate journal entries relative to uncollectible accounts and bad debt expense.

Db Bad debt expense_______ 3320

Cr Allowance for bad debt_________________ 3320

Db Allowance for bad debt__ 430

Cr Account Recevaible_____________________ 430

2. Show the year-end balance sheet presentation for accounts receivable.

Account receivable__________47570

Net account receivable_______44250

Explanation:

Credit sales 166000

Credir sales 118000

Bad debt losses 2%

Writte off 430

Allowance 3320

Db Bad debt expense_______ 3320

Cr Allowance for bad debt_________________ 3320

Db Allowance for bad debt__ 430

Cr Account Recevaible_____________________ 430

Year end balance___________48000

Cr Account Recevaible_________430

Account receivable__________47570

Allownace for bad debts_______3320

Net account receivable_______44250

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3 years ago

What are the portfolio weights for a portfolio that has 145 shares of Stock A that sell for $47 per share and 200 shares of Stoc

ycow [4]

Based on the information given the portfolio weights for a portfolio are:

Stock A 0.6187; Stock B 0.3815.

First step

Shares Price per share Total value

Stock A 145 $47 6,815

Stock B 200 $21 4,200

Total 11,015

Second step

Portfolio weights

Stock A [ 6,815 / 11,015 ] 0.6187

Stock B [ 4,200 / 11,015 ] 0.3813

Inconclusion the portfolio weights for a portfolio are: Stock A 0.6187; Stock B 0.3815.

Learn more here:brainly.com/question/19579061

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2 years ago

Name three rules for creating an effective presentation to summarize a pi team's activities

anyanavicka [17]

In order to create an effective presentation to summarize a PI team's activities PI team members should use large fonts in the presentation so that people can read the boards from a distance.
Also they should map the board in advance with labels for each section.
And third, the presentation should keep detailed information in a team record binder for reference.

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3 years ago

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

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