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den301095 [7]
3 years ago
15

If the CPI is 123 in year 1 and 143 in year 2, what is the approximate percentage change in prices between the two years?

Business
1 answer:
padilas [110]3 years ago
3 0

Answer:

B. 16.3 percent

Explanation:

The consumer price index in year 1 = 123

The consumer price index in year 2  =143

Now we have given two years consumer price index and from this information, we are required to find the percentage change in the consumer price index. Below is the formula to find the percentage change.

Percentage change in CPI = (Year 2 CPI – Year 1 CPI) / Year 1 CPI

Percentage change in CPI = (143 – 123 ) / 123

Percentage change in CPI = 0.1626 or 16.3%

Thus, Option “b” 16.3 Percent is correct.

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Answer:

The correct option is B.

Explanation:

Emergency managers and planners are professionals, who are experts in the art of analyzing problems, making appropriate decisions and taking necessary actions that will solve the problems on ground.

The decision making process usually begin before the occurrence of emergency, this is called the planning stage.  At this stage, an organization usually make decisions about how it is going to react to certain emergency situations that might occur in the future.

An effective and deliberate planning prior to emergency will greatly enhance the ability of the organization to respond effectively during emergency situations.  The number and the size of decisions and problems that need to be addressed during an emergency situation depend largely on the quality of the decisions that were made (or were not made) during the planning process.

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3 years ago
George works in an office where smoking is allowed. George develops lung cancer and sues his company, Lennie L.L.C., for hazardo
IRINA_888 [86]
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5 0
3 years ago
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Apr. 2 Purchased merchandise from Lyon Company under the following terms: $4,600 price, invoice dated April 2, credit terms of 2
ehidna [41]

Answer:

April 2

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5 0
3 years ago
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Rom4ik [11]
Consumer demand, Opportunity cost
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2 years ago
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If a great many data values closer to the left of a data distribution which then tails off to the right the distribution is refe
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If one tail is longer than another, the distribution is skewed. These distributions are sometimes called asymmetric or asymmetrical distributions as they don’t show any kind of symmetry.

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3 years ago
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