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malfutka [58]
3 years ago
8

When we want to measure wage inflation in the labor market, we use the: Consumer Price Index Product Price Index Employment Cost

Index Employment Price Index
Business
2 answers:
dusya [7]3 years ago
5 0

Based on economic indices, when we want to measure wage inflation in the labor market, we use the "<u>Consumer Price Index."</u>

The consumer price index, often referred to as CPI, is conducted by the <u>Bureau of Labor Statistics. </u>

CPI is carefully made to measure the price changes encountered by urban consumers.

It is believed that the urban dwellers formed about 93 percent of the United States population.

Consumer Price Index is used to measure the relationship between wage and inflation.

Hence, in this case, it is concluded that the correct answer is "Consumer Price Index."

Learn more here: brainly.com/question/8416975

Lana71 [14]3 years ago
5 0

When we want to measure wage inflation in the labor market, we use the Employment Cost Index.

The employment cost index reflects the change in labor costs in a given country, that is, the value that each salary has for the employer (adding salaries actually paid to the worker, plus labor costs, contributions, etc.).

This index is an indicator that allows anticipating inflationary values in an economy, as it allows observing the growth in labor costs that will subsequently impact an increase in the products that are marketed.

Learn more in brainly.com/question/14136286

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Answer:

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Explanation:

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Answer and Explanation:

The journal entries are shown below:

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(Being the goods are sold on credit)

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Answer:

<em>A veterinarian is a medical professional who protects the health and well-being of both animals and people. They diagnose and control animal diseases and treat sick and injured animals. They also advise owners on proper care of their pets and livestock.</em>

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Explanation:

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Answer:

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