Answer:
First blank: Consumers
Second blank: GDP
Third blank: CPI
Explanation:
The Consumer Price Index is used to measure the basic basket of services and goods that a normal person often buys in order to have a decent quality of life, the GDP includes all goods and services produced, for example all the office equipment, or farm equipment that was produced by a countries economy, the average customer doesn´t need farm equipment nor office equipment that is why it is not taken into account in the Costumer Price Index.
Answer 1) Option B) Shift to the right.
Explanation : If the amount of land available to the company increases, the PPC will shift to the right. As the graph indicates, the PPC will grow by shifting on right side as the company is acquiring more land for building purpose.
Answer 2) Option C) Remain Unchanged.
Explanation : The company realizes it cannot construct any buildings on a portion of the land because it is at risk of a cave-in.
In this case, the PPC will remain unchanged. When the company realizes that no construction can be done on the portion of land because of its hollowness the PPC will remain to be undisturbed.
Answer:
4 minutes.
Explanation:
The rate of flow from the tap is 2 gallons every six second
which comes out to be 1 gallons per 3 seconds.
so for 80 gallons we can simply
3 * 80 = 240 which is 240 seconds.
Thus it would take 4 minutes to fill up the 80 gallon tub.
<em>Answer</em>:
<u>5,692.83</u> 3.
Explanation:
($10,082 billion/177.1) x 100 = 5,692.83
Remember the real GDP takes into account the value of the total number of goods and services produced by a country in a given year, while taking the effect of inflation into account.
Because of inflation the consumer price index data is used in the calculation to find the change or deflation that has occurred.
