2. If the CPI is 100 in 2004 and 103 in 2005, then what is the inflation rate?

Answers

Answer 1

The inflation rate of the country given the CPI IN 2004 and 2005 is 3%.

What is the inflation rate?

Inflation rate is when there is a persistent rise in the general price levels of a country. The consumer price index is used to measure the price level of a basket of goods.

Inflation rate = (CPI in 2005 / CPI in 2004)

(103 / 100 )= 0.03 = 3%

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Related Questions

1. Consider the following information for a project to add a drive-thru window at Crestview
Bank.
Activity Activity Time (weeks) Immediate Predecessor(s)
A 5 -
B 2 -
C 6 -
D 2 A, B
E 7 B
F 3 D, C
G 9 E, C
H 11 F, G
a. Draw the network diagram for this project.
b. Specify the critical path.
c. Calculate the slack for activities A and D.

Answers

Based on the activity times, and the order of activities, the critical path is B ⇒ E ⇒ G ⇒ H.

The slack for Activity A is 8 weeks and the slack for Activity D is 8 weeks as well.

What is the critical path?

First find all the possible paths:

A ⇒ D ⇒ F ⇒ H - 21 weeksB ⇒ D ⇒ F ⇒ H: 18 weeksB ⇒ E ⇒ G ⇒ H: 29 weeksC ⇒ G ⇒ H: 26 weeksC ⇒ F ⇒ H: 20 weeks

The critical path takes the longest time so will be B ⇒ E ⇒ G ⇒ H: 29 weeks.

What is the slack for Activity A?

This can be found as:

= Latest finish for A - Earliest finish for A

Looking at the network, the earliest finish for A is 5 and the latest finish is 13.

Slack is:

= 13 - 5

= 8 weeks.

What is the slack for activity D?

Earliest finish for D is 7 and lastest finish is 15.

Slack is:

= 15 - 7

= 8 weeks.

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A physical count of merchandise inventory on November 30 reveals that there are 82 units on hand. Assuming that the specific identification method is used and that ending inventory consists of 25 units from each of the three purchases and 7 units from the November 1 inventory, cost of goods sold is

Answers

After computing the cost of inventory that was sold, The Cost of Goods sold is given as $1,334.30.

The calculations related to the exercise are as follows:

From the information provided (see full question attached),

Inventory at hand as at November 1:

there are 29 Units of Inventory at the cost of $5.90 dollars each.

Purchases:

118 units are purchased at $6.30 dollars each;59 units are purchased at $6.15 dollars each; and88 units are bought at $6.50 dollars each.

If at the end of the period there are 25 units each form the purchases above and 7 from the existing inventory as at Nov. 1st, then the cost of goods sold is:


((29-7) X 5.9) +((118-25) x 6.3) + ((59-25) x 6.15) + ((88-25) x 6.5))

= $1,334.30

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Identify the kind of sample that is described.

A restaurant manager asked every person in line at the restaurant about the new commercial jingle.

Answers

Answer:

9x-4=-18

Explanation:

do you know what this is because I have a state testa coming up and I been lacking in math class

To determine a product selling price based on the total cost method, management should include: Multiple Choice Total product and selling, general, and administrative costs plus a markup. Total selling, general, and administrative costs plus a markup. Total product costs plus a markup. Only a markup. Total product and selling, general, and administrative costs only.

Answers

If one wants to determine the selling price of a product using the total cost method, the management should use Total product costs plus a markup.

What is total cost method?

When using the total cost method, the company takes into account the full cost of producing the good in question. This includes total product cost only.

A markup is then added to the total cost to find a suitable selling price that allows for a projected level of profit.

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Jack Dossey wears socks of two colours - Yellow and Orange. He has altogether 20 yellow socks and 20 orange socks in a drawer. Supposing he has to take out the socks in the dark, how many must he take out to be sure that he has a matching pair? ​

Answers

The answer is 50/50.

Assume that Hartmann Company contributes 15% of employee monthly salaries to an employee 401k plan. Assuming $600,000 of monthly salaries, the journal entry to record the monthly contribution would include a __________ to __________ for $90,000.

a. debit; Pension Expense
b. debit; Cash
c. debit; Unfunded Pension Liability
d. credit; Unfunded Pension Liability

Answers

A. Debit; pension expense

how goal succession take place? explain the condition responsible for goal succession​

Answers

the new or modified goals are incorporated or substituted for the existing one in such a manner that they do not change the spirit of the existing goals

The new goals are such that individuals or the organisation are willing to state publicly.

What operations management function is most important to complete prior to inventory​ management? Part 2

Answers

Answer:

Strategy. Planning, organizing, and strategizing the daily operations and routine is the primary function of operations management. A well-planned implemented strategy can help in meeting the deadlines and production goals of an organization

Explanation:

ur  welcome

Discuss the external factors that may affect law

Answers

Answer:

political - For example, new legislation.

economic - For example, inflation and unemployment.

social - Changes in taste and fashion or the increase in spending power of one group, for example, older people.

technological - For example, being able to sell goods online or using automation in factories.

Explanation:

All of the following would be considered examples of employer postretirement benefits EXCEPT

a. social security.
b. dental care.
c. tax services.
d. medical care.

Answers

A. Social Security

All of the following would be considered examples of employer post retirement benefits except Social Security

A strategic partnership with a supplier: _____________
a. Is a legal contract between a supplier and a buyer, binding them to certain financial obligations b. Is the ultimate object, or the end goal, that a company should have with every supplier c. Is a commitment over an extended period to work together to the mutual benefit of both parties
d. Is a significant benefit to the buyer, but may not be a significant benefit to the supplier

Answers

When suppliers are utilized more as “strategic partners” and simply suppliers of a product or service is for progressive purpose. Hence, it is the ultimate object, or the end goal, that a company should have with every supplier.

Strategic partnership with a supplier

A strategic partnership program is an initiative that aims to transform the relationships of your most strategic suppliers into true strategic partners.

The company activates all of the resources that a supplier may have, including historical knowledge, experience and even data.

Therefore, the correct answer is option B.

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What are the impact of SMEDAN on entrepreneurship

Answers

you can easily apply for loans and support funds both within and outside the country. It also grants you access to funding from the government and private sector.

how hospital capacity considerations differ from a factory.

Answers

Answer:

One of the differences between hospital and factory capacity is that a hospital can add capacity easily by adding more staff and beds. A factory is usually technologically limited and therefore must plan well in advance to add capacity.

Explanation:

How does the conceptual Framework explain the role of stewardship? ​

Answers

Answer:

The new Conceptual Framework emphasises that investors need information about both: • financial performance—income and expenses; and • financial position—assets, liabilities and equity. It also gives guidance on reporting financial performance.

Answer:

Providing information needed to assess management's stewardship is identified as an additional objective of financial reporting,

Explanation:

How does the Conceptual Framework explain the role of stewardship? A. Providing information needed to assess management's stewardship is identified as an additional objective of financial reporting, equal in prominence to providing financial information useful to users in making decisions relating to providing resources to the entity

                       

                        i hope this helped you! good luck on your quiz or lesson!

Define “supply” for commodity

Answers

Answer:

The supply of a commodity is the amount of the commodity which the sellers or producers are able and willing to offer for sale at a particular price, during a certain period of time.

Note: Hope it helped

The amount of a commodity that sellers or producers are able and willing to provide for sale at a specific price for a specific length of time is referred to as the supply of that commodity.

To put it another way, we may say that supply is a relative concept. It is always used in the context of a relationship between price and time. A statement of supply that makes no mention of price or time makes little sense from an economic standpoint. Consider the following: "The supply of milk is 1,000 litres." In economic analysis, this statement has no relevance whatsoever.

I hope this helps you
:)

PLEASE ANSWER QUICKLY
The operating system cannot communicate with a printer. What is a solution?


(A) - Run a antimalware program

(B) - Update the printer device driver

(C) - Run the task manager utility

(D) - Delete temporary files

Answers

Answer:

B: Update the printer device router

Explanation:

Contract buying a. A practice where big businesses would put a contract out on labor union leaders b. A practice where large businesses would buy out their smaller competitors c. A practice that exploited some white families' desires to buy homes in integrated neighborhoods d. A practice that exploited black families' inability to obtain regular home mortgages

Answers

It should be noyed that contract buying a practice where large businesses would buy out their smaller competitors.

What is Contract buying?

Contract buying can be regarded as a practice whereby people with big business put a huge amount on an asset and complete it installmentally.

It is a way big business buy out their smaller competitors.

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what tool is most appropriate for applying spread on the bread?​

Answers

Answer:

A butter knife

Explanation:

Traditionally, people spread the spread on bread with a butter knife.

You are headed off to college. Some close family members decide it would be a good idea to buy a house in the college town and then rent it out to students, with you also living there and actively managing it. Assuming you and your family buy it, what form of business would you select? and why?

Answers

The ideal type of business would be the sole proprietorship, as it is a structure that is easy to start and manage.

What is the sole proprietorship?

It is a simpler business structure, which is managed by an individual, who has the responsibilities for the business, that is, in this configuration there is no legal distinction between the company and the owner.

Therefore, the sole proprietorship is less bureaucratic, being able to close the business at any time, or change type as the business grows and requires greater responsibility.

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Devon is accused of robbing a jewelry store and is summarily thrown in jail. Which law or principle of law will help Devon in this situation?

Answers

Answer:

Procedural Due Process

Explanation:

Which of the following statements describes the most likely reason why
ethical employees are important for a company?
O A. It can show caring.
O B. It can show morality.
O C. It can feel good.
O D. It can save money

Answers

Answer:

D. they can save money this way.

As a team lead, Emilio has convened a group of five team members to solve an issue with the marketing campaign. This is an example of a(n)

Answers

Assuming  Emilio has convened a group of five team members to solve an issue with the marketing campaign. This is an example of a(n): Leaderless Group Discussion.

What is  Leaderless Group Discussion?

Leaderless Group Discussion can be defined as the way in which a group of people discuss and share opinion on important matters without a formal leadership.

Based on the given scenario Emilo is engaging in  Leaderless Group Discussion due to the absence of a leader.

Inconclusion this is an example of a(n): Leaderless Group Discussion.

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Employees and customers are treated like a family at Rahal Realty. Fadil and Inas Rahal, the owners, work to encourage unity to increase their employees' job satisfaction and commitment. At their realty, the Rahals have built a(n) ________ culture.

Answers

The type of culture that Rahals built was clan culture, when the owners, work to encourage unity to increase their employees' job satisfaction and commitment.

What is clan culture?

A clan culture can be regarded as a tribe-like type of corporate environment which believe in

commonality of goals and values.

Clan cultures usually appears as collaborative and the least competitive of the main corporate culture models.

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Which of the following education levels offer a shop class in industrial arts?

A: High school program
B: Associate program
C: Bachelor's program
D: Doctoral program

Answers

Answer:

B. Associate program

Explanation:

Correct me if I'm wrong

Associate program offers a shop class in industrial arts. Thus, option B is correct.

What is industrial Arts?

An educational program called industrial arts emphasizes the creation of wooden or metal things utilizing a variety of hand, power, and machine tools. Commonly referred to as technology education, industrial arts. Small engine repair and car maintenance are possible, and technical drawing is typically covered in all programs' curricula.

The phrase "industrial arts" was first used in education in 1904 by Charles R. Richards of Teachers College, Columbia University in New York, who proposed it as a replacement for physical labor. Industrial arts lessons, also referred to as "shop class" in the US, introduce kids to the fundamentals of house maintenance, physical labor, and machine safety. The majority of industrial arts programs were developed in general rather than specific trade schools.

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Which of the following does NOT influence the effectiveness of a chemical sanitizer solution?

Concentration
Temperature
Cost
Contact time

Answers

The cost of a solution does not influence the effectiveness of a chemical sanitizer solution.

What is the chemical sanitizer solution?

The effectiveness of the sanitizer means the ability of the solution to clean the surface applied to effectively.

Some factors that influence the effectiveness of a chemical sanitizer solution includes:

concentrationtemperaturecontact timewater hardnesspH etc.

Therefore, the Option C is correct.

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To pursuer a career in business information management you need a degree or certification in

Answers

Answer:

business administration or business information management

Explanation:

Supremewriters247.us is the only trusted American Writing Company when it comes to the writing of custom essays, dissertations, term papers, research papers, ...

Answers

etc

They answer is etc

Explain why it is important that prices are flexible. Analyze if you were a manager of a store and how would you deal with a surplus and a shortage. Explain how the law of demand relates to a recent purchase that you have had to make.

Answers

Answer:

Price Flexibility is one of the most important practices in our economy to maintain the law of demand and supply. It is also very helpful in the price.

Explanation:

John is a community association manager. which best describes his education

Answers

Answer:

Technician degree

Explanation:

To be a community association manager he has to have a technician degree.

hurry!!!! (economics) This graph shows changes in GDP and the unemployment rate in the United States in recent years.

A graph titled Annual Change in U S Unemployment and G D P from 2005 to 2012 has year on the x-axis and percent of change on the y-axis, from negative 4 to 4 in increments of 2. Between 2008 and 2009 the G D P decreased by about 3 percent. Between 2008 and 2009, the unemployment rate increased about 1.5 percent. When unemployment was at the highest point, G D P was at the lowest point.

Which statement most accurately describes the trends shown on this graph?

When GDP falls, unemployment rises.
GDP and unemployment have little to do with each other.
When GDP rises, unemployment rises as well.
GDP and unemployment rise at times of world crises.

Answers

Answer:

A. When GDP falls, unemployment rises.

Explanation:

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