Which of the following tracks the prices of goods that consumers purchase over time? a. GDP b.
Question:
Which of the following tracks the prices of goods that consumers purchase over time?
a. GDP
b. PPI
c. CPI
d. GNP
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (4 reviews)
The correct answer is c CPI Heres why the other options are not the best fit GDP Gross Domestic ...View the full answer
Answered By
Usman Nasir
I did Master of Commerce in year 2009 and completed ACCA (Association of Chartered Certified Accountants) in year 2013. I have 10 years of practical experience inclusive of teaching and industry. Currently i am working in a multinational company as finance manager and serving as part time teacher in a university. I have been doing tutoring via many sites. I am very strong at solving numerical / theoretical scenario-based questions.
4.60+
16+ Reviews
28+ Question Solved
Related Book For
Better Business
ISBN: 9780136679745
6th Edition
Authors: Michael R. Solomon, Mary Anne Poatsy, Kendall Martin
Question Posted:
Students also viewed these Business questions
-
1. Hannah is applying for a life policy on her girlfriend Sarahs life. The policy is $500,000 and carries a large premium. Hannah is the main earner, so she is concerned about not being able to pay...
-
MCQ questions: 1. An increase in oil prices, such as the oil shocks in the 70s, lead to _______ thereby causing ________ a movement along the AS curve; cost-push inflation a leftward shift in the AS...
-
KYC's stock price can go up by 15 percent every year, or down by 10 percent. Both outcomes are equally likely. The risk free rate is 5 percent, and the current stock price of KYC is 100. (a) Price a...
-
The owner of a moving company typically has his most experienced manager predict the total number of labor hours that will be required to complete an upcoming move. This approach has proved useful in...
-
Prepare a pie chart for the last tax year with complete data for the Federal Forms 1040. Indicate how many of each type of tax return was filed, as a percentage of the total. Send the graph to your...
-
RusTech Tooling is a large job shop operation that builds machine tools and dies to manufacture parts for specialized items. The company primarily bids on government-related contracts to produce...
-
Physical security is extremely important. List and describe the physical secu rity controls that should be used to protect the data center of a financial institution. Read the article 19 Ways to...
-
Murphy Delivery Service has completed closing entries and the accounting cycle for 2018. The business is now ready to record January 2019 transactions. Jan. 3 Collected $200 cash from customer on...
-
Compensating balance versus discount loan Weathers Catering Supply, Inc., needs to borrow $155,000 for 6 months. State Bank has offered to lend the funds at an annual rate of 8.8% subject to a 9.8%...
-
A person loses their job and then begins to drive for Lyft while looking for another permanent job.Which type of unemployment does this situation represent? a. Frictional b. Seasonal c. Cyclical d....
-
Which of the following is a determinant of supply? a. Changes in population b. Changes in income levels c. Changes in complementary goods d. Technology changes
-
During the process of ____________ ____________ the judge or the attorneys can ask potential jurors questions.
-
Analyze how two significant features of a specific mobile OS keep their devices secure.? Evaluates how features of a specific mobile OS keep their devices secure.?
-
The three recent articles below discuss " Why Do Prices Keep Going Up and What's the Cause of Inflation? a) What is meant by the term inflation? How is inflation measured in the U. S. economy? What...
-
Until the late 1990s, Costa Rica exported coffee and bananas to developed countries and imported cars and electronics, in return. Explain in Detail why this pattern of specialization came about,...
-
Consider a mixed-use property in Astoria, Queens with 18,500 square feet of rentable space. The annual rent in 2023 for similar properties is $46.69/sq ft. You expect that the vacancy rate in 2023...
-
Lefrejun Ltd was formed nine months ago when Lee, Fred and June had finished their Bachelor of Construction Management programme at Deakin University. They saw an opportunity to sell wearable sensors...
-
Discuss the advantages and disadvantages of golden-section search, quadratic interpolation, and Newtons method for locating an optimum value in one dimension.
-
Rosalie owns 50% of the outstanding stock of Salmon Corporation. In a qualifying stock redemption, Salmon distributes $80,000 to Rosalie in exchange for one-half of her shares, which have a basis of...
-
Journals that contradict the arguments on AI in Supply Chain, journals on the last 5 years.
-
DeFond and Zhang (2014) argue that the auditor's responsibility goes far beyond simply detecting 'black and white' GAAP violations, but also to providing assurance of the quality of financial...
-
What accounting principle applies when unrealized profit is deducted from closing inventory to bring it back to the original price paid to third parties? Income recognition. Historical cost....
Study smarter with the SolutionInn App