The reasonable estimate of the current customer price index is 195. The option B is the correct option.
<h3>Customer price index</h3>
Customer price index is the price index which measures the weight average of price of basket of customers goods or services.
It can be given as,
Here 
is the cost of market basket in current period and 
is the cost of market basket in the base period.
Cost of market basket in current period is
Cost of market basket in 1983 is,
Substitute all the values in the formula
Thus the value of current CPI is 168.5 which is near about the 170.
Hence, the reasonable estimate of the current customer price index is 195. The option B is the correct option.
Learn more about the customer price index here;
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Answer:
That would be 2/7
Step-by-step explanation:
Using substitution. x^2 +x+1 at 1 is 7
sqrt4 is 2
2/7
Answer:
y = -0.8x - 5
Step-by-step explanation:
x1 = (XA + XB) / 2 = -5
y1 = (YA + YB) / 2 = -1
m = (XA - XB) / (YA - YB) = -0
__________________________________________
(y - -1) = -0.8(x - -5)
y - -1 = -0.8x - 4
y = -0.8x - 4 + -1
y = -0.8x - 5
Both 27 and 45 have the greatest common factor of 9, so divide the numerator and the denominator by 9 to get the simplest form.
27/45 = 3/5
3/5 is the simplest ratio
Answer:
170.84
Step-by-step explanation:
