In the last row of the table, calculate and enter the value of the CSPI for the remaining years. Between 2017 and 2018, the CSPI increased by   . Between 2018 and 2019, the CSPI increased by

In 1973, the price of a Big Mac was $0.50. Use the information in the table below to find the price of a Big Mac in 2006 dollars. Year 1973 2006 CPI 44.4 201.6 Source: Bureau of Labor Statistics. Base year 1962-84. The value of a 1973 Big Mac in 2006 dollars is $ The actual price of a Big Mac in 2006 was approximately $2.99. Thus the price of Big Macs has risen (Round your answer to two decimal places.) faster than the cost of living. at the same rate as slower than

I think my guess is right, but I’m not sure. Thank you!!

In the United States economy, there is a great deal of focus on technological advancements. These advances are said to increase worker productivity (like Zoom) or increase the productivity of capital (such as technology that makes the supply chain more efficient).What effect does advancement in technology have on the equilibrium real rental price and capital, assuming that the supply of capital is fixed? Explain, using the terms in the production function, how you know this to be true.

You are a financial analyst with a specialization in the motion pictureIndustry. You have been hired to analyze the prices of movie theater tickets. The following two events are occurring simultaneously in the Ghana:A new national chain opens new multi-screen movie theaters in most cities in Ghana.Movie theaters cut the price of popcorn and soft drinks in half.Draw a demand-and-supply graph showing equilibrium in the market for movie tickets hefore the above two events took place. Label the axes and curves. Label the initial equilibrium — before events (i) and (ii) - as P,and Q, on your graph.b.Now show on your graph how event (i) affects the demand or supply curves for tone teres, Brelly explain which of the demand or supply variables caused the eftect you are showing on your graph.Now slow on your graph how event (il) affects the demand or supply curves for ovis Lesets. Brielly explain which of the demand or supply variables caused the effe you are showing on your graph.Based on your…

According to economists, the satisfaction people get from their consumption activities is called:

Please answer everything in the photo.

Despite lower inflation figures posted by the Australian Bureau of Statistics in July, the price of some goods and services continue to increase. To answer the following questions, you will need to refer to the ABC News article by Morris (2023) which reports on the increase in chocolate prices, as well as undertake your own additional research. 1. Assuming that the domestic market for chocolate is perfectly competitive, use a generic market demand and supply diagram to: (a) Illustrate the domestic market for Chocolate in equilibrium, clearly label your diagram. (b) Explain, with the aid of a new diagram, the impact of the supply shock on the market for chocolate from part (a), assuming that consumer demand for chocolate was not affected. (c) Explain 3 reasons for the supply-side shock that were outlined in Morris (2023). Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure

The following graph shows the market for pizzas in New York City, where there are over a thousand pizza restaurants at any given moment. Suppose the price of grated cheese, a major ingredient in pizzas, suddenly increases.   Show the effect of this change on the market for pizzas by shifting one or both of the curves on the following graph, holding all else constant.

A typical consumer in Lykesville has a market basket consisting of 4 strawberries, 9 grapefruits, and 5 blueberries. The data table below provides information on Lykesville's prices of strawberries, grapefruits, and blueberries from 2008 through 2010. 2008 2009 2010 unit of strawberries $1.1 $1.5 $1.2 Price per unit of grapefruits $1 Price per unit of blueberries $0.9 $1.2 Price per $1.4 $1.4 $2 What was the cost of the market basket in 2009? What was the price index in 2009, assuming 2008 is the base year?