1. Assume that there are only two goods: A and B In the base year, Quantity Price A 10 $1 B 10 $4 In the current year, Quantity Price A 20 $ 5 B 25 $20 The Consumer Price Index (CPI) for the current year is: a. 50 b. 100 c. 200 d. 500 e. 60

Question

1. Assume that there are only two goods: A and B In the base year, Quantity Price A 10 $1 B 10 $4 In the current year, Quantity Price A 20 $ 5 B 25 $20 The Consumer Price Index (CPI) for the current year is: a. 50 b. 100 c. 200 d. 500 e. 60

1. Assume that there are only two goods: A and B
In the base year, Quantity Price
A 10 $1
B 10 $4
In the current year, Quantity Price
A 20 $ 5
B 25 $20
The Consumer Price Index (CPI) for the current year is:
a. 50
b. 100
c. 200
d. 500
e. 60

asked Oct 14, 2021 by nishant sawant

1 Answer

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Description : 5. Assume that there are two goods, A and B. In 1996, Americans produced 10 units of A at a price of $10 and 20 units of B at a price of $20. In 2002, Americans produced 20 units of A at a price of $20 ... at a price of $30. The Nominal GDP for 2002 is: a. $100 b. $400 c. $500 d. $900 e. $1300

Last Answer : e. $1300

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Last Answer : c. budget surplus of $1000

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Description : Baden Shoe Store has a beginning merchandise inventory of $30,000. During the period, purchases were $140,000; purchase returns, $4,000; and freight-in $10,000. A physical count of inventory at the end of the period revealed ... for sale was a. $164,000. b. $156,000. c. $176,000. d. $184,000.

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Description : How come the CPI (consumer price index), does not include food and energy costs?

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Description : from 1980 to 1990, the consumer price index (cpi) increased from 82.4 to 130.7 if a gallon of apple juice cost $0.95 in 1980 and the price of apple juice increased at the same rate as the cpi from 1980 to 1990 approximately how much did a gallon of apple?

Last Answer : 1.51

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State which of the following is correct? The Consumer Price Index reflects - (1) the standard of living (2) the extent of inflation in the prices of consumer goods (3) the increasing per capita income (4) the growth of the economy

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Last Answer : d. $5.

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Last Answer : d. $1,176

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Last Answer : e) All the above

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Last Answer : E. All the above

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Last Answer : The tax represents a larger proportion of Joshâ€™s income.

A shopkeeper bought 30 kg of wheat at the rate of Rs 45 per Kg. He sold 40% of the total quantity at the rate of Rs 50 per Kg. Approximately, at what price per Kg should he sell the remaining quantity to make 25 per cent overall profit? 1. Rs 54 2. Rs 52 3. Rs 50 4. Rs 60

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Last Answer : 4. Rs 60

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Description : The size of a single plant cell is usually within the range of A.10-20μm in diameter and 25-100μm long B.20-40μm in diameter and 100-200μm long C.40-60μm in diameter and 200-300μm long D.60-80μm in diameter and 300-400μm long

Last Answer : B.20-40μm in diameter and 100-200μm long

The size of a single plant cell is usually within the range of A.10-20μm in diameter and 25-100μm long B.20-40μm in diameter and 100-200μm long C.40-60μm in diameter and 200-300μm long D.60-80μm in diameter and 300-400μm long

Description : The size of a single plant cell is usually within the range of A.10-20μm in diameter and 25-100μm long B.20-40μm in diameter and 100-200μm long C.40-60μm in diameter and 200-300μm long D.60-80μm in diameter and 300-400μm long

Last Answer : B.20-40μm in diameter and 100-200μm long

Consider an array A[20, 10], assume 4 words per memory cell and the base address of array A is 100. What is the address of A[11, 5] ? Assume row major storage. (A) 560 (B) 565 (C) 570 (D) 575

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Last Answer : (A) 560

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Description : 8. If the monetary base is increased by $1,000 and the reserve requirement is 10% (1/10), by how much will the money supply be increased? a. $100 b. $1,000 c. $5,000 d. $10,000

Last Answer : d. $10,000

The best case margin potential for a product with a top price of $30 and a minimum cost of goods sold of $15 is: a. $45. b. $2. c. $450. d. $.50. e. none of the above.

Description : The best case margin potential for a product with a top price of $30 and a minimum cost of goods sold of $15 is: a. $45. b. $2. c. $450. d. $.50. e. none of the above.

Last Answer : e. none of the above.

The price of dhal is increased from $ 30 to $ 37.5 per kg. Find the percentage increase in price. a) 25 b) 60 c) 45 d) None e) 98

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Last Answer : Answer: A Price of dhal before = $30 Price of dhal now = $ 37.5 Increase in dhal = current price - original price = $37.5 - $ 30 = $ 7.5 Therefore, percentage increase in price = Increase in price/ ... = 7.5 / 30 100 = 750/100 = 25 % Thus, increase in price= 25 %

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Last Answer : C. 0, 1,10,11, 50, 51, 75, 76,100,101

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Last Answer : a rise in the price of the commodity

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Description : Extension or contraction of quantity demanded of a commodity is a result of a change in the (1) unit price of the commodity (2) income of the consumer (3) tastes of the consumer (4) climate of the region

Last Answer : unit price of the commodity

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Description : Elasticity of demand measures the responsiveness of the quantity demanded of a goods to a (1) change in the price of the goods (2) change in the price of substitutes (3) change in the price of the complements (4) change in the price of joint products

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Last Answer : (d) all of the above

Elasticity of demand measures the responsiveness of the quantity demanded of a goods to a (1) change in the price of the goods (2) change in the price of substitutes (3) change in the price of the complements (4) change in the price of joint products

Description : Elasticity of demand measures the responsiveness of the quantity demanded of a goods to a (1) change in the price of the goods (2) change in the price of substitutes (3) change in the price of the complements (4) change in the price of joint products

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Description : An IP datagram of size 1000 bytes arrives at a router. The router has to forward this packet on a link whose MTU (maximum transmission unit) is 100 bytes. Assume that the size of the IP header is 20 bytes ... the IP datagram will be divided into for transmission is : a. 10 b. 50 c. 12 d. 13

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An LED is operated on a 12 volt automobile circuit. The voltage drop across the LED is 2 volts and the current must be limited to 50 milliamps to prevent its overheating and destruction. What size resistor must be used? w) 60 ohms x) 100 ohms y) 120 ohms z) 200 ohms

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Last Answer : ANSWER: Z -- 200 OHMS

nishant sawant · Answer 1 · 2021-10-14T19:19:45+0000

Answer :

d. 500

answered Oct 14, 2021 by nishant sawant

1. Assume that there are only two goods: A and B In the base year, Quantity Price A 10 $1 B 10 $4 In the current year, Quantity Price A 20 $ 5 B 25 $20 The Consumer Price Index (CPI) for the current year is: a. 50 b. 100 c. 200 d. 500 e. 60

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