Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Business Economics Expert

CPI, Inflation

Suppose the price index is 130 and a typical basket of goods and services cost 520. What would this typical basket have cost in the base year?If the CPI changes from 110 in 1993 to 120 in 1994, what is the rate of inflation?

 

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M926891

Have any Question? 


Related Questions in Business Economics

The patient protection and affordable care act limits the

The Patient Protection and Affordable Care Act limits the extent to which insurers may consider age in establishing rates. The results are higher premiums for the younger insured and lower premiums for the older insured. ...

Bob consumes only apples and bananas he always prefers more

Bob consumes only apples and bananas. He always prefers more apples to fewer, but he gets tired of bananas. If he consumes fewer than 29 bananas per week, he thinks that 1 banana is a perfect substitute for 1 apple. But ...

Assignment taskmergers and acquisitions cannot be allowed

Assignment Task Mergers and acquisitions cannot be allowed to take place in the business environment uncontrolled, as they pose serious threats to the economy and society at large. On the other hand, they cannot be stopp ...

Explain the importance of the backup table statement and

Explain the importance of the BACKUP TABLE statement and the RESTORE TABLE statement. When are they used?

Paper a application of a decision making framework to an

Paper A: Application of a decision making framework to an IT-related ethical issue. For this assignment, you are given an opportunity to explore and apply a decision making framework to an IT-related ethical issue. A fra ...

An investment has an expected return of 12 percent per year

An investment has an expected return of 12 percent per year with a standard deviation of 24 percent. Assuming that the returns on this investment are at least roughly normally distributed, how frequently do you expect to ...

What monetary police would you recommend to the open market

What monetary police would you recommend to the open market committee to deal with prolonged unemployment of the 8% over a two-year period with inflation rate of 3.5% and why? Construct a model of the Fed`s game plan inc ...

Which of the following does not represent a market failurea

Which of the following does NOT represent a market failure? a. Insufficient production of public goods, such as highways and national defense. b. Imperfect competition such as monopolies. c. Bankruptcies exist in the eco ...

1 identify two federal government programs that you would

1. Identify two federal government programs that you would definitely change. Explain why and how you would change them. What would be the marginal benefits and marginal costs of each changed policy TO YOU? What would be ...

Builtrite had sales of 4000000 in 2011 cost of goods sold

Builtrite had sales of $4,000,000 in 2011. Cost of goods sold were calculated at 70% of sales. Builtrite’s operating expenses were $700,000 which included depreciation expense. Bonds with a total par value of $2,000,000 ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate