The total price of purchasing a basket of goods in the United Kingdom over four years is Year 1 = 940, Year 2 = 970, Year 3 = 1000, and Year 4 = 1070. Calculate two price indices, one using Year 1 as the base year (set equal to 100) and the other using Year 4 as the base year (set equal to 100). Then, calculate the inflation rate based on the first price index. If you had used the other price index, would you get a different inflation rate?

Answers

Answer 1

Using Year 1 as the base year, the price index for Year 2 is 103.19, for Year 3 is 106.38, and for Year 4 is 113.83. The inflation rate based on this price index is approximately 3.19%. If Year 4 were used as the base year, the inflation rate would be different.

To calculate the price indices, we will use the formula: Price Index = (Price in Given Year / Price in Base Year) * 100.

Using Year 1 as the base year:

- Price Index for Year 1 = (940 / 940) * 100 = 100

- Price Index for Year 2 = (970 / 940) * 100 = 103.19

- Price Index for Year 3 = (1000 / 940) * 100 = 106.38

- Price Index for Year 4 = (1070 / 940) * 100 = 113.83

Using Year 4 as the base year:

- Price Index for Year 1 = (940 / 1070) * 100 = 87.85

- Price Index for Year 2 = (970 / 1070) * 100 = 90.65

- Price Index for Year 3 = (1000 / 1070) * 100 = 93.46

- Price Index for Year 4 = (1070 / 1070) * 100 = 100

To calculate the inflation rate based on the first price index, we will use the formula: Inflation Rate = ((Price Index Current Year - Price Index Previous Year) / Price Index Previous Year) * 100.

- Inflation Rate = ((103.19 - 100) / 100) * 100 = 3.19%

If we had used the other price index (Year 4 as the base year), we would get a different inflation rate because the reference point for comparison would change. The inflation rate would be calculated based on the percentage change between the price indices using Year 4 as the base year.

To learn more about Inflation Rate click here: brainly.com/question/31578379

#SPJ11


Related Questions

Net income divided by net sales is the: Multiple Choice Current ratio. Profit margin ratio. Total asset turnover ratio. Days' sales in inventory ratio. Return on total assets ratio.

Answers

Net income divided by net sales is the Profit margin ratio.

Profit margin, which is calculated by dividing income by revenues, effectively measures how profitable a firm or commercial activity is.

Profit margin, expressed as a percentage, shows how many cents of profit were made for every dollar of sales.

Although there are other kinds of profit margins, the net profit margin is the most important and widely used one.

This is the company's bottom line after all other costs, such as taxes and one-time expenses, have been subtracted from revenue.

Creditors, investors, and businesses themselves utilize profit margins as gauges of a company's financial stability, management aptitude, and potential for expansion.

When comparing the numbers for various businesses, care should be given because normal profit margins vary by industry area.

Hence, Net income divided by net sales is the Profit margin ratio.

Learn more about ratios:

https://brainly.com/question/14010408

#SPJ1

________ is the public relations function which involves reacting to negative events.

Answers

The answer is damage control.

The public relations officer's job is not to enlighten the public about the employer, but to feed the public information that will positively impact the public in favor of the business. They   twists and manipulates the material to give a favorable impression. When a public relations officer shows the public a half glass, the is task is to persuade them that the glass is half-full, not half-empty. When the general public loves, respects, and trusts an individual or corporation, it is simpler for them to acquire what they desire.

One of the responsibilities of a public relations department is damage control, which is reducing the negative impact of an incident or set of events.

Therefore, the answer is damage control.

To know more about  public relation click here:

https://brainly.com/question/20313749

#SPJ4

What steps can you use to protect a form so users can only enter information in the fields without changing other
information?
1. Click the
2. Click
3. In the Re Review
in the doc
4. On the EView
5. Click Yes
Insert
Developer
tab on the ribbon.
pane, under Editing restrictions, add a check mark next to Allow only this type of editing
ons drop-down menu, click
ing Protection, and create a

Answers

Steps to protect a form so users can only enter information without changing other information are,

1. Click the Developer tab on the ribbon

2. Click Restrict Editing.

3. In the Restrict Editing pane, under Editing restrictions, add a check mark next to Allow only this type of editing in the document.

4. On the Editing restrictions drop-down menu, click Filing in Form.

5. Click Yes, Start Enforcing Protection, and create a template Password.

What steps can use to protect a form so users can only enter information without changing other information?

1. Click the Developer tab on the ribbon

2. Click Restrict Editing.

3. In the Restrict Editing pane, under Editing restrictions, add a check mark next to Allow only this type of editing in the document.

4. On the Editing restrictions drop-down menu, click Filing in Form.

5. Click Yes, Start Enforcing Protection, and create a template Password.

The Developer tab exists as a feature comprised in Microsoft Excel, and it is usually hidden by default. The tab permits users to form VBA applications, design forms, complete macros, import and export XML data, etc.Restrict Editing locks specific sequences or sentences in the document, which could be important or susceptible, and thus, cannot be edited by anyone.In the Restrict Editing pane, In the Restrict Editing pane, uncheck Limit arrangement to a preference of styles and Permit only this type of editing in the document. Limit arrangement to a preference of styles and Permit only this type of editing in the document.

To learn more about Steps to protect a information refer to:

https://brainly.com/question/26493645

#SPJ9

Answer:

Click the

✔ Developer

tab on the ribbon.

Click

✔ Restrict Editing

.

In the Restrict Editing pane, under Editing restrictions, add a check mark next to Allow only this type of editing in the document.

On the Editing restrictions drop-down menu, click

✔ Filling in Form

.

Click Yes, Start Enforcing Protection, and create a

✔ password

.

Explanation:

________ are the most important monetary policy tool because they are the primary determinant of changes in the ______, the main source of fluctuations in the money supply.

Answers

Open market operations are the most important monetary policy tool because they are the primary determinant of changes in the monetary base, the main source of fluctuations in the money supply. Open market operations are the purchase and sale of securities in the open market by a central bank--are a key tool used by the Federal Reserve in the implementation of monetary policy.

What is a monetary base?

In economics, the monetary base in a country is the total amount of money created by the central bank. This includes: the total currency circulating in the public, plus the currency that is physically held in the vaults of commercial banks, plus the commercial banks' reserves held in the central bank.

Therefore, the correct answer is as given above

learn more about monetary base: https://brainly.com/question/13131929

#SPJ1

A ______ typically provides information so that an organization can make a decision about a product, procedure, or policy.

Answers

A proposal typically provides information so that an organization can make a decision about a product, procedure, or policy.

A project proposal is that written document which outlines everything  that the stakeholders must know about a project, which includes its timeline, objectives, budget and goals. Project proposal summarizes the project details and sell  idea of project so that stakeholders feel inclined to get involved in the initiative.

The project proposal works as the working document between the agency and the client before the starting of the project. Thus, the project proposal defines the objectives and the requirements of a project for the third party. For the internal party, it is that method which analyzes the feasibility and profitability of the project.

To know more about proposal here:

https://brainly.com/question/15011405

#SPJ4

After an investigation by the DBPR, if the complaint is not dismissed and no ESO is issued, what happens next

Answers

After an investigation by the DBPR, if the complaint is not dismissed and no ESO is issued, a hearing is held. This is further explained below.

What is the investigation?

Generally, investigate formally or systematically examine or study something or someone.

In conclusion, An ESO hearing is conducted after an inquiry by the DBPR if no ESO is granted.

Read more about investigation

https://brainly.com/question/1191670

#SPJ1

Assume the nominal rate was 11.50% and the inflation rate was 3%. Using the Fisher Effect, what was the real rate

Answers

The real rate was 8.25%.

Real rate  = 8.25%

Dear Student

Thank you for  using Chegg

Please find below the answer

Statement showing Computations

Particulars

 Fisher formula is (1 + nominal rate) = (1 + real rate) x (1 + inflation rate),

(1+.115) = (1 + realrate) *(1+.03)

(1.115) = (1 + realrate) *(1.03)

1.0825 = 1 + real rate

Real rate  = 8.25%.

The nominal interest rate (or interest rate) is the rate of increase in money you pay lenders using borrowed money. Nominal interest rates are often used by banks to represent interest rates on various loans and investments. For example, if your loan has a nominal interest rate of 5%, you can expect to pay $50 in interest for every $1,000 you borrow. At the end of the year he will pay $1,050.

The real interest rate is the interest rate that takes inflation into account. This means it is adjusted for inflation and reflects the real interest rate of a bond or loan. Simply put, this rate reflects the rate of return after taking inflation into account.

Learn more about the inflation rate here: https://brainly.com/question/777738

#SPJ4

When a manufacturing company has a highly automated manufacturing plant producing many different products, what is probably the most appropriate basis of applying overhead costs to work-in-process

Answers

Answer: Machine Hours

Explanation:

In which form of price determination does the real estate professional often just drive by the property and take photos, then complete paperwork for the lender?

Answers

In broker's price opinion, the real estate professional often just drive  price determination by the property and take photos, then complete paperwork for the lender. A broker price opinion, or BPO, is a real estate professional's assessment of the worth of a property.

Internal and external broker's price opinion's are two basic categories. A broker will spend time inside home during an interior BPO to assess property's condition, take measurements, and take pictures. A broker may only be able to evaluate the outside of the property with an external BPO, also known as a drive-by BPO, before assigning it a sticker price.

To learn more about broker's price opinion, click here

https://brainly.com/question/14696405

#SPJ1

Amplify, Inc. was sued by Sound City for $50,000. Sound City feels very confident that it will win the case and will be awarded the full amount. Amplify, Inc. feels it is probable that it will lose the case and pay Sound City the full amount. Which of the following is correct

Answers

The correct option is (D) Amplify, Inc. would record a loss and contingent liability for $50,000, and Sound city would record nothing.

What is Sue?To take legal action against a person or organization, particularly by filing a legal claim for monetary damages as a result of some injury they have caused you.Example: He was so enraged by the letter's charges that he threatened to sue.

Option A is correct, but not when compared to option D.

Option D appears to be the best solution.

Therefore, the correct option is (D) Amplify, Inc. would record a loss and contingent liability for $50,000, and Sound city would record nothing.

Know more about legal claims here:

https://brainly.com/question/22499117

#SPJ4

Correct answer:

Amplify, Inc. was sued by Sound City for $50,000. Sound City feels very confident that it will win the case and will be awarded the full amount. Amplify, Inc. feels it is probable that it will lose the case and pay Sound City the full amount. Which of the following is correct?

(A) Amplify, Inc. would record a loss and contingent liability for $50,000.

(B) Sound city would record a gain a lawsuit receivable for $50,000.

(C) Sound city would record nothing.
(D) Amplify, Inc. would record a loss and contingent liability for $50,000, Sound city would record nothing.

Column A
1. Know, Plan, Read,
Save
2. comparison shop-
ping
3. U.S. Department of
Agriculture
4. Prime
5. unit pricing
6. prescription drug
7. brand name
8. generic name
9. impulse buying
10. U.S. Food and Drug
Administration
Column B
a. the government agency that sets food
standards
b. the highest-quality meat grade
c. purchasing goods without advance
planning
d. the government agency that tests and
approves drugs
e. wise buying practices to get the most for
our money
f.
checking prices for the same products at
two or more stores
g. the chemical name of a drug
h. stating a product's price by its weight or
volume
i.
j.
a drug dispensed only on a doctor's orders
the name given to a product by its
manufacturer

Answers

Answer:

Note that point i in Column B does not have an entry.

Explanation:

See attachment

A CPA can accept a gift from a client as long as: Group of answer choices Adequate internal controls exist in the client entity to ensure gifts are made without any pre-conditions Adequate safeguards exist to prevent any threats to compliance with the Integrity and Objectivity rule The amount is below what is considered to be a material payment Audit services are not provided to the client

Answers

In order for a CPA to accept a gift from a client, Adequate safeguards exist to prevent any threats to compliance with the Integrity and Objectivity rule

When can a CPA take a gift from a client?

A Certified Public Accountant (CPA) is someone who has to abide by the highest ethics in the accounting profession so as to protect the integrity of financial statements and the accounting profession in general.

A CPA can therefore not be seen to be influenced by their client in a way that brings bias such that financial statements cannot be trusted. One way this can happen is if the CPA accepts a gift from the client.

To avoid this, the gift accepted must be in line with integrity and objectivity rules that  ensure that the independence of the Certified Public Accountant (CPA) is protected.

In conclusion, a Certified Public Accountant (CPA) can accept a gift if Adequate safeguards exist to prevent any threats to compliance with the Integrity and Objectivity rule

Find out more on Certified Public Accountants at https://brainly.com/question/26264560

#SPJ1

Marketing dashboards display information in numerical formats and offer subjective feedback about initiatives and results.

Answers

false, Marketing dashboards do not display information in numerical formats and offer subjective feedback about initiatives and results.

A marketing dashboard is a visual representation of the data that is most crucial for monitoring important marketing KPIs and achieving one or more marketing goals. Top level marketing reports are compiled and organised on one page so that the data can be viewed quickly.

It also serves as the building block on top of which more intricate marketing analytics are performed. The amount of data that marketers may now evaluate has multiplied as a result of the growing ubiquity of digital media. Sorting out valuable figures from useless ones and excellent data from bad data is more crucial than ever.

To learn more about marketing dashboards here,

https://brainly.com/question/17354284

#SPJ1

Clam Corp. issues 1,000 shares of $10 par value preferred stock and 3,000 shares of $1 par value common stock for $48,000

Answers

The Paid In Capital--Excess of Par, common stock is $25,800.

What is Paid-In Capital in Excess of Par Mean?

Paid in capital in excess of par is essentially the difference between the fair market value paid for the stock and the stock’s par value. In other words, it’s the premium paid for an appreciated stock. Paid in capital in excess of par is created when investors pay more for their shares of stock than the par value.

Solution-

The relative market value of the common stock is:

common stock  = 30,000/50,000 * $48,000 = $28,800

less the $3,000 par value of common stock

common stock = $28,800 - $3,000

common stock = $25,800

Therefore, we can conclude that the The Paid In Capital--Excess of Par, common stock is $25,800.

Your question is incomplete, but most probably your full question was:

Clam Corp. issues 1,000 shares of $10 par value preferred stock and 3,000 shares of $1 par value common stock for $48,000. The fair value of the preferred stock is $20 per share, and the fair value of the common shares is $10 per share. What is? the amount allocated to the Paid In Capital--Excess of Par, common stock

Learn more about Paid-In Capital in Excess of Par Mean on:

brainly.com/question/13372465

#SPJ4

2 Describe the education as the measure base of Occupation and clarify the relation between occupation and education.​

Answers

Answer:

Several studies have been carried out to examine the association between education and occupation. These studies were useful for the purpose of intervention and policy making. In this study we examined the relationship between education factor, which includes three indicators: the percentages of population who achieved (primary, secondary and tertiary) and occupation factor (CLASS1, CLASS2 and CLASS3) using fully and partially latent models. The data were collected from the information of 81 districts based on the census conducted in peninsular Malaysia in 1995. The goodness of fit indexes for assumed models were examined. We didn't find significant relationship between educational achievement and occupation factor.

__________________ is the technique where a manufacturer sends individual components (rather than assembled units) to a distributor.

Answers

Channel assembly is the technique where a manufacturer sends individual components (rather than assembled units) to a distributor.

What is Channel assembly?

Channel assembly serves as the means whereby the manufacture send his product in different entity to the other distributors, this is different from sending in bulks.

This medium uses smaller units , hence, Channel assembly is the technique where a manufacturer sends individual components (rather than assembled units) to a distributor.

Learn more about Channel assembly on:

https://brainly.com/question/24452126

#SPJ1

How much would you pay (today) for a $500,000 growing perpetuity that begins in 1 year. Assume the annual discount rate (I/Y) of 5.5% and a 1.00% annual growth in the perpetuity payment that you will receive.

Answers

The amount of cash payable for the growing perpetuity today is $11,111,111.11

What is a growing perpetuity?

A growing perpetuity is an investment opportunity that pays its holder cash flows on periodic basis, such that the subsequent cash flows grow at a constant rate forever.

The present value of the growing perpetuity means the amount that needs to be paid today in order to be entitled to the annual cash flows that grows at the constant rate forever.

The formula for the present value formula of a growing annuity is as below:

PV=D1/(r-g)

D1=first cash flow=$500,000

r=discount rate=5.5%

g=growth rate=1.00%

PV=$500,000/(5.5%-1.00%)

PV=$11,111,111.11

Find out more about growing perpetuity on:https://brainly.com/question/25545513

$SPJ1

What is the engagement of presenting in the form of financial statements information that is the representation of management without undertaking to express any assurance on the statements?

Answers

It gives users limited assurance on the accuracy or correctness of financial statements is the engagement of presenting in the form of financial statements information that is the representation of management without undertaking to express any assurance on the statements.

An audit engagement is a type of engagement that provides a limited level of assurance that a company's financial statements comply with applicable accounting standards. It gives the user a limited warranty as to the correctness or correctness of the financial statements.

As part of its compilation, management is responsible for the preparation and presentation of the annual financial statements. Auditors who provide preparation services must have sufficient industry experience and client knowledge to prepare financial statements.

Learn more about financial statements at

https://brainly.com/question/26240841

#SPJ4

This video describes how software products often interject pop-up warnings to help you make mindful decisions with your work. Which of the following attributes of experience design does this example best illustrate

Answers

The attribute of experience design which the given example illustrates is of friction and flow - sequence and structure.

What is designing?It is the procedure of conceptualizing and organizing the production of things, interactive systems, structures, vehicles, etc. Users are at the center of the design thinking process, making it user-centered. It involves developing solutions to meet needs or solve problems for individuals, tangible objects, or more abstract systems.What is Experience design?An approach called experience design can be used to design any experience, from creating inventive new goods to creating marketing messages or even workplace policies that improve employee encounters.The process of ideation, testing, and iteration to improve the experience begins with a thorough understanding of the individual or persons you are building an experience for. This serves as the "ground zero" for all decisions made.

In interface design, friction and flow are two ideas that help users complete tasks by either preventing errors or encouraging them to do so. It's crucial for designers to use both as needed throughout the user journey.

Know more about Design with the help of the given link:

https://brainly.com/question/14035075

#SPJ4

Firms that are able to effectively exploit their core competencies usually more easily achieve:

Answers

Firms that are able to effectively exploit their core competencies usually more easily achieve one of the main reasons why supply chain relationships are so important is the cost advantage or disadvantage that can be gained or lost within the supply chain, directly affecting a company's bottom line. i.e. their profit or loss.

A corporation is a community for short, a legal entity that is a collection of people with a specific purpose, natural, legal, or a mixture of both. Company members have common goals and work together to achieve specific goals.

A company is a legal entity formed by a group of individuals to conduct and operate a commercial or industrial business. A company may be organized in various ways for tax and financial liability purposes, depending on the corporate law of its jurisdiction.

Learn more about company here:https://brainly.com/question/24553900

#SPJ4

Why do you think organizations tend to focus on the creation of one type of value but not both?

Answers

Organizations tend to focus on the creation of one type of value but not both because organizations do  believe that the social value created by any organization has equal importance as their economic value. Due to this organizations believe that the creation of any value either the social value or economic value  is enough.

Social value means the enhancement of the people and their lives by the combination of different resources.

Economic value means the creation of money or value in any economy by the organization.

To know more about social value here:

https://brainly.com/question/17176506

#SPJ4

List the six steps in the new product development process, starting with the first step at the top and ending with the last.

Answers

A structured six-step method for coming up with, choosing, developing. and commercializing  product ideas.

Idea generation (Ideation)Product definition.Prototyping.Initial design.Validation and testing.Commercialization.

Product development is a challenging yet interesting process. There is never a repeat process for a product introduction, from the first idea to the research and development. To assist you get started with the product development process, there is a common procedure.

The six steps that must be completed for a product to get from initial concept to final market launch are outlined in the product development process. Finding a market need, studying the competition, coming up with ideas for a solution, creating a product roadmap, and creating a minimal viable product are all part of this (MVP).

To learn more about product development, click here

https://brainly.com/question/13755110

#SPJ4

Describe the strategic management process and list the four components of he strategic management process

Answers

The strategic management process means illustrating the company's strategy which involves planning, setting and direction of goals in order to achieve goals within a given period of time to make a company more competitive.

The four components of the strategic management process:-

Collecting Information - It involves gathering of information of internal and external factors that can influence a company.Strategy Formulation - This step involves what action should be taken to achieve goals.Strategy Implementation - In this the actions which have decided are executed swiftly for achieving goals.Strategy Evaluation - After implementation of strategy, it should be monitor and corrective actions should be taken if there are issues.

Read more about Strategy Evaluation on brainly:-

https://brainly.com/question/24112782

#SPJ4

Martin puts his weekly paycheck into his checking account. in which column should he write the value of his paycheck?

Answers

The value of his paycheck is : Deposits.

What is Checking Account ?

A checking account is a deposit account held at a financial institution that allows withdrawals and deposits.

A checking account is a bank account where members can withdraw and deposit money with ease of access. It is mostly used for bill payments and for making personal financial transactions .A checking account allows for check deposits and debit card transactions.

Money can be deposited at banks and via automated teller machines (ATMs), through direct deposit or other electronic transfer. Account holders can withdraw funds via banks and ATMs, by writing checks, or by using electronic debit or credit cards paired with their accounts.

It’s important to keep track of checking account fees, which are assessed for overdrafts. Some banks also require you to keep the account balance above a required amount.

Therefore, we can conclude that the correct option is A.

Your question is incomplete, but most probably your full question was:

Martin puts his weekly paycheck into his checking account. In which column should he write the value of his paycheck?

a. Deposits

b. Balance

c. Debit

d. Check number

Learn more about Checking Account on:

brainly.com/question/26181559

#SPJ4

Answer:

A. Deposits

Explanation:

Did the test

E-d-gE

Because services are intangible and there may be few other available cues for the customer to judge, they frequently use ____ as an important indicator of a service's quality.

Answers

Because services are intangible and there may be few other available cues for customer to judge, they frequently use inseparability as an important indicator of  service's quality. In contrast to products, which we can physically touch or handle, services are the non-physical, intangible components of our economy.

Majority of economies of the wealthy countries  based on services like banking, education, healthcare etc. They also make up the majority of developing nations' economies. The help given to customer to make their interactions with you easy and enjoyable, before and after they use your products or services, is known as customer service.

To learn more about services, click here.

https://brainly.com/question/12096912

#SPJ1

Knowledge of the __________ act minimizes a business' liability exposure when making advertising decisions.

Answers

Knowledge of the Civil Rights act minimizes a business' liability exposure when making advertising decisions.

This is further explained below.

What are Civil Rights?

Generally, the rights of people to be free politically and socially and to be treated equally.

The right to vote, the right to an impartial trial, the right to use government services, the right to public education, and the right to make use of public facilities are all examples of civil rights.

In conclusion, Knowledge of the Civil Rights act decreases a firm' legal risk when making advertising selections.

Read more about Civil Rights

https://brainly.com/question/1142564

#SPJ1

CQ

Knowledge of the __________ Act minimizes a business' liability exposure when making advertising decisions.

a.) Civil Rights

b.) Sarbanes-Oxley

c.) Federal Trade Commission

d.) Truth in Lending

APV and WACC are similar in that they reflect the tax benefit of Blank______. Multiple choice question. leverage relocation equity waiting

Answers

APV and WACC are similar in that they reflect the tax benefit of leverage.

How to illustrate the information?

It should be noted that the adjusted present value (APV) is used to value a project.

The weighted cost of capital (WACC) implies the rate at which a company is expected to pay all its security holders in order to finance its assets.

In conclusion, APV and WACC are similar in that they reflect the tax benefit of leverage.

Complete question:

APV and WACC are similar in that they reflect the tax benefit of ...........

a. leverage

b. relocation

c. equity

d. waiting

Learn more about WACC on:

brainly.com/question/25566972

#SPJ1

The tool that lists ages, names, education, capabilities, training, specialized skills, and other relevant information about an organization's employees is called a?

Answers

The tool that lists ages, names, education, capabilities, training, specialized skills, and other relevant information about an organization's employees is called a Human resource inventory.

Human Resource Inventory is also known as the skills inventory which comprehensively lists down the basic information on all the employees working in an organization or a company.

This inventory has information on education, skills, experience, age, salary-related data, job preference, and special achievements of employees.

The information contained in the human resource inventory should also be used by recruiters to consider the individual for other job openings that might come up in the future.

Hence, the human resource inventory contains information of working employees.

To learn more about the Human resource inventory here:

https://brainly.com/question/15854313

#SPJ4

A business cycle is best defined as economic fluctuations around trend growth.
a. True b. False

Answers

A business cycle is best defined as economic fluctuations around trend growth. This statement is true.

Business cycles are a sort of variation that may be found in the overall economic activity of a country.

A business cycle is made up of expansions that occur roughly at the same time in many different economic activities, followed by contractions that are similarly widespread (recessions).

This series of modifications is periodic but not recurrent.

Business cycles are made up of coordinated cyclical upswings and downswings in output, employment, income, and sales, which are four broad indices of economic activity.

In the business cycle, expansions and contractions alternate (also called recessions).

Recessions frequently begin at the business cycle's high, when an expansion comes to an end, and finish at its trough, when the following expansion starts.

Hence, the statement "A business cycle is best defined as economic fluctuations around trend growth." is true.

Learn more about recession:

https://brainly.com/question/532515

#SPJ1

A business cycle is best defined as economic fluctuations around trend growth: True .

Reason: A business cycle is ups and downs of output around its trend.

A business cycle is a cycle of fluctuations in the Gross Domestic Product (GDP) around its long-term natural growth rate. Business cycles chart the ups and downs of an economy, and understanding them can lead to better financial decisions.

The four stages of the business cycle are expansion, peak, contraction, and trough. Factors such as GDP, interest rates, total employment, and consumer spending, can help determine the current stage of the economic cycle.

learn more about Business cycle here

https://brainly.com/question/26086110

#SPJ1

GOVERNOR REAGAN: Mr. Ellis, I think this idea that
has been spawned here in our country, that inflation
somehow came upon us like a plague and therefore it's
uncontrollable and no one can do anything about it, is
entirely spurious, and it's dangerous to say this to the
people. When Mr. Carter became President, inflation was
4.8 percent, as you said. It had been cut in two by
President Gerald Ford. It is now running at 12.7 percent.
President Carter also has spoken of the new jobs created.
.. But that can't hide the fact that there are 8 million men
and women out of work in America today, and 2 million
of those lost their jobs in just the last few months. Mr.
Carter had also promised that he would not use
unemployment as a tool to fight against inflation. And
yet, his 1980 economic message stated that we would
reduce productivity and gross national product and
increase unemployment in order to get a handle on
inflation, because in January, at the beginning of the
Intro]
Which claim of President Carter's does Reagan refute
in this excerpt?
President Carter's policies have led to an improved
economy.
O Rising oil prices worldwide can negatively affect
inflation rates in the United States.
Inflation rates have risen too high and are hurting
the American consumer.
There are policies that can be enacted by the
president to curb rising inflation.
Done

Answers

The claim of President Carter's that Reagan refute in this excerpt is D. There are policies that can be enacted by the president to curb rising inflation.

What is a claim?

It should be noted that a claim simply means the stance of an author or individual regarding a literary work.

Here, the man idea in the excerpt is simply about inflation and how it can be curbed.

Learn more about claim on:

brainly.com/question/2748145

#SPJ1

Answer: A.) Carter fails to provide evidence for how his new policies will decrease inflation.

Other Questions
Consider the structure of serine in its fully protonated state with a +1 charge. Give the pK, value for the amino group of serine. An answer within +0.5 is acceptable. | pK (-NH) = Give the pka, value for the carboxyl group of serine. An answer within +0.5 is acceptable. pka.(-COOH) = ___. Calculate the isoelectric point, or pl. of serine. Give your answer to two decimal places. pI=____ What is 4x+3 answer for math homework please answer or else Which type of cyclist ( track ""Velodrome"" cyclist or Tour de France cyclist) do you expect to have a higher power in which units? How might these cyclists differ in their anthropometrics? [ you may need to research cyclist who do each type of cycling event and compare their anthropometrics] Hhow are adoptions studies used to seperate the effects of genes and enironment in the study of human characteristics? 6. the plasma membrane of skeletal muscles, which can conduct electrical signals, is also known by what term? An object moves in a direction parallel to its length with a velocity that approaches the velocity of light. The width of this object, as measured by a stationary observer...approaches infinity.approaches zero.increases slightly.does not change.I know that the length, for the observer, is going to get smaller. But when they say "width" does that imply length? Or is the answer does not change because width is not the same as length? FILL IN THE BLANK. According to some reports, the proportion of American adults who drink coffee daily is 0.54. Given that parameter, if samples of 500 are randomly drawn from the population of American adults, the mean and standard deviation of the sample proportion are _____, respectively. 0.54 and 0.498 270 and 124.2 0.54 and 11.145 0.54 and 0.0223 a tow truck exerts a force of 3000 n on a car that accelerates at 2 m/s2. what is the mass of the car? 3000 kg 1500 kg 1000 kg 500 kg none of these Suppose you budgeted $1800 for fuel expenses for the year. How many miles could you The _____ is the longest segment of the small intestine. a. duodenum b. ileum c. ilium d. jejunum Evaluate the indefinite integral. (Use C for the constant of integration.)eu(7 eu)2duintegral.gif 2. Include important information about each water type Can someone help me find the degree in each lettered angle Select the orthorhombic unit cell illustratinga (1 2 1] direction. Note: all angles are 90 of sn2 ag and/or zn2 which could be reduced by cu calculate the ph of a 0.003-m solution of hcl. give the result in 2 sig. figs. how many different strings can be created by rearranging the letters in ""addressee""? simplify your answer to an integer. Blaise has just launched the website for their company that sells nutritional products online. Suppose X = the number of different pages that a customer hits during a visit to the website.a. Assuming that there are n different pages in total on her website, what are the possible values that this random variable may take on?b. Is the random variable discrete or continuous?2. Let Y = the total time (in minutes) that a customer spends during a visit to the website.a. What are the possible values of this random variable?b. Is the random variable discrete or continuous? pepsicos diversification strategyin 2018: will the companys newbusinesses restore its growth? Sharpe Products has one million outstanding shares and seven directors to be elected. Cumulonimbus Holdings owns 200,000 shares of Sharpe. How many directors can Cumulonimbus elect with cumulative voting? a) 0. b) 1. c) 2. d) 3.