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4vir4ik [10]
3 years ago
5

If the price of a soda was 15 cents in​ 1970, when the cpi was​ 50, and 50 cents in​ 2007, when the cpi was​ 172, then

Business
2 answers:
Lilit [14]3 years ago
6 0

Answer:

Increase in price $0.35 and consumer price also increase.

Soda after 37 years, consumer 122.

Explanation:

As per the question,

Soda was 15 cents in​ 1970, when the cpi was​ 50

50 cents in​ 2007, when the cpi was​ 172, then

cpi=  N.price/ Old.price

= 0.50/0.15

=3.33

No major increment after 37 years.

MA_775_DIABLO [31]3 years ago
3 0

Answer:

It then means that there was an increase in price of <em>$0.35 and an increase in the Consumer Price Index of 122</em>  of Soda after 37 years for inflationary reasons.

Explanation:

The Consumer Price Index (CPI) is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care. It is calculated by taking price changes for each item in the predetermined basket of goods and averaging them.

<em>Solution</em>

<em>CPI =  New Price/ Old Price</em>

<em>Where:</em>

<em>Old Price = $0.15</em>

<em>New Price = $0.50</em>

<em></em>

<em>∴ = 0.50/0.15 </em>

<em>CPI = 3.33</em>

<em>Then there was no significant rise on inflation since the CPI for 37 years was 3.33 </em>

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Windsor Company took a physical inventory on December 31 and determined that goods costing $191,500 were on hand. Not included i
WINSTONCH [101]

Answer:

$237,630

Explanation:

Windsor report as its December 31 inventory:

= Inventory in hand as per physical count + Goods purchased from P corporation under FOB shipping basis + Cost of goods sold to A company under FOB destination basis

= $191,500 + $24,510 + $21,620

= $237,630

Therefore, the amount to be reported by Windsor company is $237,630.

7 0
3 years ago
How much will you have if you wait 10 years before beginning to save and only make 35 payments into your retirement​ account?
Ivahew [28]
It all dependes on the money you make and how big the payments are. as you can say you waited tell the day you where going to retire but you but 10,000 dollars in your saving every hour by the end of the day youd have 240,000 dollars in your retirement account.
4 0
3 years ago
Venture Philanthropy Partners focuses on helping youth and children from low-income families in the Washington, D.C., area. What
andriy [413]

The work of Venture Philanthropy Partners in focusing on low-income families would make it a<u> Community Fund </u>

A Community Fund:

  • Focuses on helping a certain need in the society
  • Is usually targeted at the less well off in society

<u>Venture Philanthropy Partners</u> is targeting youth and children that come from lower income families which means that they are targeting the needs of the less well off.

We can therefore conclude that this is a community fund.

<em>Find out more at brainly.com/question/18776651. </em>

4 0
2 years ago
Suppose a hypothetical economy is currently in a situation of deficient aggregate demand of $16 billion. Four economists agree t
GarryVolchara [31]

Answer:

Economist A

Government spending multiplier $4billion

Tax multiplier $8billion

Economist B

Government spending multiplier $8billion

Tax multiplier $2billion

Explanation:

Computation for the amount the government would have to increase spending to close the output gap according to each economist's belief

ECONOMIST A

Government spending multiplier=16/4

Government spending multiplier=$4billion

Tax multiplier=16/2

Tax multiplier=$8billion

ECONOMIST B

Government spending multiplier=16/2

Government spending multiplier=$8billion

Tax multiplier=16/8

Tax multiplier=$2billion

Therefore the amount the government would have to increase spending to close the output gap according to each economist's belief are :

ECONOMIST A

Government spending multiplier=$4billion

Tax multiplier=$8billion

ECONOMIST B

Government spending multiplier=$8billion

Tax multiplier=$2billion

5 0
3 years ago
Two firms with identical capital intensity ratios are generating the same amount of sales. However, Firm A is operating at full
Gemiola [76]

Answer:

True

Explanation:

Firm A is operating at full capacity, if its sales keep increasing, then t will need to invest to expand its production capacity. Since firm B is operating below full capacity level, if its sales keep increasing it will have some spare production capacity it can use before operating at full capacity.

Therefore firm A will need to invest in an expansion of its production capacity while firm B can keep operating without new investments.

7 0
3 years ago
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