Business, 11.07.2021 01:40 zahradawkins2007

Henry Is an economist and wants to understand the relationship between inflation and consumer spending habits. For his research, he needs the Consumer Price Index for 2014 and the Inflation rate. Based on the prices of goods given, what will he find to be the CPI and Inflation rate for
2014? Assume that a consumer's basket for three consecutive years consists of the following:
Year
Price of an Apple
Number of Apples
Price of an Orange
Number of Oranges
Consumed
Consumed
2012
2
3
3
2013
2014
Consider 2012 to be the base year.
O A. 100 CPI, 49.56 percent Inflation
O B. 165 CPI, 45.40 percent Inflation
O C. 185 CPI, 55.35 percent inflation
O D. 175 CPI, 60.56 percent inflation
E. 125 CPI,
50.60 percent inflation

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 19:40

the question using the following data, which show all available techniques for producing 20 units of a particular commodityresource resource prices possible production techniques#1 #2 #3 #4 #5land $4 2 4 2 4 4labor 3 1 2 4 1 3capital 3 5 2 3 1 2entrepreneurial ability 2 3 1 1 4 1assuming that the firm is motivated by self-interest and that the 20 units that can be produced with each technique can be sold for $2 per unit, the firm will

Answers: 1

Answer

Business, 22.06.2019 04:00

The simple interest in a loan of $200 at 10 percent interest per year is

Answers: 2

Answer

Business, 22.06.2019 06:00

Select the correct answer a research organization conducts certain chemical tests on samples. they have data available on the standard results. some of the samples give results outside the boundary of the standard results. which data mining method follows a similar approach? o a. data cleansing ob. network intrusion o c. fraud detection od. customer classification o e. deviation detection

Answers: 1

Answer

Business, 22.06.2019 14:30

Turtle corporation produces and sells a single product. data concerning that product appear below: per unit percent of sales selling price $ 150 100 % variable expenses 75 50 % contribution margin $ 75 50 % the company is currently selling 5,600 units per month. fixed expenses are $194,000 per month. the marketing manager believes that a $5,300 increase in the monthly advertising budget would result in a 190 unit increase in monthly sales. what should be the overall effect on the company's monthly net operating income of this change?

Answers: 1

Answer

You know the right answer?

Henry Is an economist and wants to understand the relationship between inflation and consumer spendi...

Questions