What is meant by a market basket rate?
Question:
What is meant by a ‘‘market basket rate’’?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 0% (1 review)
A market basket rate refers to a method used to measure changes in the cost of living or inflation b...View the full answer
Answered By
Muhammad Salman Alvi
Well, I am a student of Electrical Engineeing from Information Technology University of Punjab. Just getting into my final year. I have always been good at doing Mathematics, Physics, hardware and technical subjects. Teaching profession requires a alot of responsibilities and challenges.
My teaching experience started as an home tutor a year ago. When I started teaching mathematics and physic subjects to an O Level student. He was about 14 years old. His name was Ibrahim and I used to teach him for about 2 hours daily. Teaching him required a lot of patience but I had to be polite with him. I used to give him a 5 min break after 1 hour session. He was quite weak in basic maths and calculation. He used to do quite a lot of mistakes in his homework which I gave him weekly. So I decided to teach him basics from scratch. He used to say that he got the concept even if he didn't. So I had to ask him again and again. I worked on his basics for a month and after that I started taking a weekly test sesions. After few months he started to improve gradually. Now after teaching him for about a year I can proudly say that he has improved alot. The most important thing was he managed to communicate all the difficullties he was facing. He was quite capable and patient. I had a sincere desire to help him reach to its full potential. So I managed to do that. We had a very good honest relationship of a student and a teacher. I loved teaching him as a tutor. Now having an experience of one year teaching I can read students quite well. I look forward to work as an online tutor who could help students in solving their all sort of difficulties, problems and queries.
4.90+
29+ Reviews
43+ Question Solved
Related Book For
Principles Of Engineering Economic Analysis
ISBN: 9781118163832
6th Edition
Authors: John A. White, Kenneth E. Case, David B. Pratt
Question Posted:
Students also viewed these Business questions
-
You have been provided with the description of a programming language, J, intended for scripting applications. Its syntax is similar to a cut-down version of Java in that it consists of function...
-
Q1. You have identified a market opportunity for home media players that would cater for older members of the population. Many older people have difficulty in understanding the operating principles...
-
The operating system typically provides each process with the illusion that it runs in a contiguous piece of memory. State the problem of external fragmentation in memory where processes have...
-
PepsiCo, Inc.s financial statements are presented in Appendix B. Financial statements of The Coca-Cola Company are presented in Appendix C. The complete annual reports of PepsiCo and Coca-Cola,...
-
You are the manager of a hospital emergency room. You are interested in analyzing the time patients wait to see a physician. For 25 samples of 5 patients each, the file P20_45.xlsx contains the time...
-
Calculate the change in structural efficiency for both bending stiffness and strength when a solid flat panel of unit area and thickness \(t\) is foamed to give a foam panel of unit area and...
-
What are the three ways managers override internal controls? How can a forensic accountant overcome managers overriding internal controls?
-
Mary Beth Marrs, the manager of an apartment complex, feels overwhelmed by the number of complaints she is receiving. Below is the check sheet she has kept for the past 12 week. Develop a Pareto...
-
Hello, I need help on the Balance Sheet please. Specifically, the red boxes. Thank you! Carla Vista Corporation's trial balance at December 31, 2020, is presented below. All 2020 transactions have...
-
True or False: If the real minimum attractive rate of return is 8%, inflation is 4%, and the tax rate is 40%, then money should not be borrowed if the interest rate on the loan is greater than 18%.
-
If the real discount rate is 7 percent and the inflation rate is 10 percent, which of the following interest rates will be used to find the present worth of a series of cash flows that are in...
-
Plot the graphs of the given functions. y = log 3 x
-
If you had to describe Newton's third law of "equal and opposite" to a friend that is not in a science class, how would you go about doing this? Have any good resources to help you explain it? (e.g.,...
-
Assume that you have a system with n = 2 processors. Answer the following questions given the following code: #pragma parallel for for (int i = 0; i
-
Please graph the following changes to the economy by including both the short-run and long-run shifts (label each curve carefully). Clearly show and state what happens to equilibrium output and the...
-
How might the observed magnetic field change if the direction of one of the fields was reversed (such as having the currents reversed)? (Hint: Recall the superposition principle)
-
What is the company's WACC? Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.
-
In Briggs Company, data concerning two products are contribution margin per unitProduct A $12, Product B $15; machine hours required for one unitProduct A 2, Product B 3. Compute the contribution...
-
The first law of thermodynamics is sometimes whimsically stated as, You cant get something for nothing, and the second law as, You cant even break even. Explain how these statements could be...
-
Using the balance sheet for STU Enterprises as of December 31, 2023, assess the companys financial leverage and stability. STU Enterprises Balance Sheet As of December 31, 2023 Assets Current Assets...
-
Jerry's survey asks the following question about income: What was your income in 2018 (in dollars)? 0-10,000 10,001-20,000 20,001-30,000 30,001-40,000 40,001-50,000 What is the level of measurement...
-
In chapter 19, what were the risks associated with the use of short-term forward contracts? Question 7 options: A) They would lock Kilgore into a more long-term price and could eliminate bigger...
Study smarter with the SolutionInn App