All categories

3 years ago

Price index rate definition

Business

1 answer:

marissa [1.9K]3 years ago

8 0

Answer:

the price of a weighted average market basket of consumer goods and services purchased by households

Explanation:

You might be interested in

Which of the following statements about credit sales are true? (You may select more than one answer. Single click the box with t

podryga [215]

Answer:

The correct statements about credit sales are:

Accounts receivable arise from credit sales

Accounts receivable should be reported at net realizable value.

Revenue is reported when the company fulfills its promise to transfer control of a good or service to a customer

5 0

4 years ago

Congratulations, you are a millionaire. No, the Delaware Lottery office did not call. However, an officer from Bank of America h

nevsk [136]

Part A

Answer:

$207,021

Explanation:

The balance on the account at the end of the year 2020 is $1,000,000

The question asks us to calculate the balance on the account at the end of the year 1970, which is exactly 50 years ago.

We would simply discount the $1,000,000 by using an interest rate of 3.2%

$PV_{1970}$ = $\frac{1000000}{(1 + 0.032)^{50} }$ = $207,021

Part B

Answer:

$17,892.88

Explanation:

We have the value at year 1970 which is $207,021

Now to calculate the annual payment (PMT) we would plug the following values in the financial calculator,

PV = 0

N = 10

FV =207021

I/Y = 3.2

PMT = ?

PMT = $17,892.88

https://www.calculator.net/finance-calculator.html?ctype=contributeamount&ctargetamountv=207021&cyearsv=10&cstartingprinciplev=0&cinterestratev=3.2&ccontributeamountv=1000&ciadditionat1=end&printit=0&x=102&y=11

4 0

3 years ago

Both the Onus ferry operator in the monopoly market and each of the Yuri ferry operators in the perfectly competitive market wil

defon

Answer:

The overview of the given statement is described in the explanation segment below.

Explanation:

Monopoly Market:

The demand curve or market price towards the firm was indeed sloping downhill. MR is also below P and AR.
Therefore, when earnings are maximized, whereby MR = MC has been used. Price is therefore above MR (Marginal Revenue).

Perfectly Competitive Market:

The price shall be calculated whenever market forces are equivalent.
The firm seems to be the fixed price and therefore the individual company market price becomes horizontal.

Thus,

⇒ $AR=P =MR$

Hence,

⇒ $P = MR$

6 0

3 years ago

A country reported nominal GDP of $200 billion in 2010 and $180 billion in 2009. It also reported a GDP deflator of 125 in 2010

QveST [7]

Answer:

19%

Explanation:

Given that,

Nominal GDP in 2010 = $200 billion

Nominal GDP in 2009 = $180 billion

GDP deflator in 2010 = 125

GDP deflator in 2009 = 105

Percentage change in prices:

= Percentage change in GDP deflator

= (Change in GDP deflator ÷ GDP deflator in 2009) × 100

= [(125 - 105) ÷ 105] × 100

= (20 ÷ 105) × 100

= 0.19 × 100

= 19%

Therefore, the prices increases by 19%.

6 0

4 years ago

For each 1% change in the market portfolio’s excess return, the investment’s excess return is expected to change by _______ due

dimulka [17.4K]

Options:

cannot say for sure

beta

alpha

zero

Answer:

B. Beta

Explanation:Excess returns is a term used in Financial accounting to describe how well an investment fund has either over-performed or under-performed against the standards through which the investment fund is compared,excess fund is also known as ALPHA.

Beta percent is a term used to describe how risky an investment portfolio is compared to other Investments, IT IS A VITAL TERM IN DETERMINING WHICH FUTURE DECISIONS WILL BE TAKEN.

8 0

3 years ago