1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
malfutka [58]
2 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]2 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]2 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

You might be interested in
It is only necessary to underline vocabulary words identified in a test question. Please select the best answer from the choices
Rashid [163]

Answer:

The answer you are looking for is false

Explanation:

Got it right edge 2021

8 0
2 years ago
Read 2 more answers
Dana spends several hours researching prices and online reviews of t-shirts for a school
Sunny_sXe [5.5K]

Answer:

B. The time spent on the task

Explanation:

The time that Dana spends carrying out her task is a cost to her.  That cost can be calculated by ascertaining the gains or benefits she has missed due to the research.

If Dana were not doing the research, she would be engaged in other activities. Those activities could have been of benefit to her, be it financially or otherwise. The benefits foregone are the cost of Dana doing the research.

8 0
3 years ago
No formal steps are necessary to create a sole proprietorship. True or false?
larisa86 [58]

Answer:

True

Explanation:

5 0
3 years ago
There are many costs associated with owning a car. Which of these is not something you'll need to pay for?
kaheart [24]

The answer will be -B-

4 0
2 years ago
How do you increase the quality of your products, i. E. , reduce flaws in production? chegg.
djverab [1.8K]

Increasing the quality of your products can be achieved by doing the

following:

  • Using standard raw materials.
  • Adopting best work practices.

<h3>What is Quality?</h3>

This is the measurement of standard or excellence of an individual, goods

and services.

It is best for an organization to churn out quality products as it helps to

increase sales and profit. This can however be achieved by using standard

raw materials and practices during production.

Read more about Quality here brainly.com/question/15281075

6 0
2 years ago
Other questions:
  • Full-Sole Shoes concludes a counterpurchase agreement with Japan for which it receives some counterpurchase credits. Full-Sole S
    8·1 answer
  • Goals of the Firm. Fill in the blanks in the following passage by choosing the most appropriate term from the following list (so
    9·1 answer
  • In an emergency situation, why is a drug most commonly delivered via injection versus an oral route?
    14·1 answer
  • An employee of JHT Holdings, Inc., a private trucking company, was responsible for resolving roadway accident claims under $25,0
    14·1 answer
  • The 2017 balance sheet of Kerber’s Tennis Shop, Inc., showed long-term debt of $1.87 million, and the 2018 balance sheet showed
    7·1 answer
  • On December​ 31, Year​ 10, Brown Company changed its inventory valuation method from the​ weighted-average method to FIFO for fi
    9·1 answer
  • The purchase of established firms abroad with the goal of using the existing production, marketing, and distribution networks an
    15·1 answer
  • What is considered a liability in finance and why is it being used?
    10·2 answers
  • _____is traditionally defined as the systematic gathering, recording, and analyzing of data to provide information useful to mar
    6·1 answer
  • On January 1, Wei company begins the accounting period with a $43,000 credit balance in Allowance for Doubtful Accounts. On Febr
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!