Answer:
C. a year chosen as a reference for prices in all other years.
Explanation:
Base year in the consumer price index (CPI) is a year chosen as a reference for prices in all other years.
Consumer Price Index (CPI) is a measure that is used to determine the weighted average of prices of a quantity of consumer goods and services.
Changes in the consumer price index helps to determine price changes associated with the cost of living. The consumer price index is one of the most frequently used statistics for identifying periods of inflation or deflation in an economy.
The formula used to calculate consumer price index for a product
= cost of purchasing the product in the given year ÷ cost of purchasing the product in the base year ×100
The base year or period refers to reference point in time iseda for comparison with other years or periods. It is used to measure financial and economic data.
period is a point in time used as a reference point for comparison with other periods. It is generally used as a benchmark for measuring financial or economic data.
Answer:
I think the answer is 3.
Explanation:
For a high economy, a nation must have wealth (well there are other factors too) and for wealth it must have a mechanism for attracting savings and channeling the for money and slowly slowly the economy will start growing.
Answer:
The correct answer is letter "E": Pay attention to interpersonal dynamics of the group.
Explanation:
Leaders can contribute to the progress of a meeting by keeping an agenda of the activities that should be covered. In such a way, there will be a direction of where the meeting should be led to. Though, for that scenario to arise, <em>leaders must be aware of how the team members interact with each other</em>. If there are attitudes that drag the team according to the path the meeting should follow, leaders must mitigate them and focus only on the behaviors and contributions that help the team to move forward.
