Using the data in the table below, calculate the CPI and the inflation rate in each year, using 2013 as a base yea. Instructions: Round your answers to one decimal place. Year Cost of Basket ($) CPI Inflation Rate 2013 20,000 2014 21,400 2015 22,800 2016 26,150 2017 28,840 2010

Q: how Business Analytics is used in the Economics?

A: The term business analytics is a broad term that can refer to a number of things, such as how…

Q: Do you have any references or sources for this information

A: In an error correction model (ECM) expectations about future economic conditions can influence the…

Q: The financial costs can run into of dollars for each day that the Internet is blocked. thousands…

A: The advancements in technology have led to a digital era around the globe. Internet as a by-product…

Q: art-of-the-start-guy-kawasaki.pdf (wordpress.com)

A: Kawasaki argues that it is better to start with a small, focused product or service that you can…

Q: Big Pharmacy buys 50ml hand sanitizer for $250 per box which contains 50 bottles. Find the selling…

A: the selling price means that which is to be sold.

Q: The fact that your resume is attached/enclosed O Middle O Closing Beginning

A: The resume is the representation of a person's professional and personal details. It is basically a…

Q: The South Korean Government in the 1970s decided to follow a strategy of increased investment in…

A: Scarcity refers to the limited availability of resources, that are used to produce goods and…

Q: Which methods would you use to attract applicants to the international call centre in the United…

A: There are various methods used to attract the applicants to the international call center in the…

Q: Summarize methods commonly used for measuring and managing product quality.

A: The term “product quality” is defined as the degree perception to which the service or a product…

Q: Administrative Office Management is used in Economics?

A: Office management is the strategy of arranging, putting together, planning and controlling office…

Q: Your Aunt Debby has come to you offering to pay you if you make large signs to advertise her…

A: A supply schedule is a table showing the quantity supplied of a commodity at each price for a given…

Q: You are the product development manager of a company that is going to launch a new detergent against…

A: Dbgp Product segmentation means having variety of products and different brand names to increase the…

Q: I need to know where to start in Excel

A: Here is the process of setting up the Excel spreadsheet and creating the necessary charts with a…

Q: How Supplier relationship will affect the hospitality industry?

A: It is crucial to realize that the hotel business runs on a very distinct set of principles than…

Q: What do sales managers need to do to manage theirsales force successfully?

A: The sales force refers to the team of workers who are responsible for the selling of goods, and…

Q: You have been working as a manager of fashion store. During your work you have saved $50,000. You…

A: Explicit cost = utility + salary of clerk + material = 8000 + 20000 + 50000 = 78000 implicit cost =…

Q: Choose a current news item about a company enduring a difficult situation such as layoffs,…

A: Two incredible powers are transforming the very nature of work: robotization and ever fiercer…

Q: What are the different types of costs?

A: Cost is the amount that has to spend for obtaining something. There are different types of costs;…

Q: What are the primary business benefits of an ERP system?

A: A robust ERP system has the subsequent primary benefits for your business: Streamlined business…

Q: Intertemporal Substitution Hypothesis

A: The measure which measures the consumer's willingness to substitute between two types of consumption…

Q: agency relationship created?

A: An agency relationship are formed between two parties when one party agrees to represent the other…

Q: how is the graph numbered? from what number to what number ?

A: The lowest production frontier is war-hit frontier. That reduces production of both sectors.The…

Q: QUESTION 10 DeShawn's Detailing is a service that details cars at the customers' homes or places of…

A: DeShawn's Detailing is a service that details cars at the customers' homes or places of work.…

Q: Apply your understanding in the evolution of the market in the computer industry

A: The computer industry is counted among one of the growing industries whose demand is increasing day…

Q: What advantages does the Cotton Gin have over previous technologies?

A: A cotton gin is a machine that separates cotton fibers from their seeds fast and efficiently,…

Q: Should consumers be concerned with what information is being used?

A: The source from which businesses collect data from consumers is Internet cookies which are text…

Q: Explain the estimated and economic impacts that labelling country of origin products has on…

A: As per customer labelling theory and applications, compulsory packaged food labelling is suitable…

Q: Outline and explain the guidelines for ensuring e-invitations are successful.

A: E-invitation, often known as an electronic invitation, is a type of invitation that is sent online…

Q: What sort of people are likely to have limited computer and Internet access?

A: Internet has been a common phenomena in today's world but it hasn't been that common for everyone.…

Q: How would present a loss and or an expense or damage claim?

A: Development contracts will by and large accommodate the contractor to guarantee direct loss and…

Q: What are some of the benefits of segmentation within a company?

A: Company segmentation is the process where a company divides their current market into quadrants,…

Q: A change in technology that makes it more costly to produce tort

A: Technological change is important for industrial development. However, often there are situations…

Q: What are the various types of manufacturing costs?

A: There are 4 types of manufacturing cost : 1. Direct Material Cost  Direct Material Cost is a cost of…

Q: Why do transaction fees occur?

A: In a market, transaction cost refers to the additional cost that is bear by the firm or the…

Q: Why would a company ever want to sell its goodsor services for less than they cost to produce?

A: Business is important all around the world. For the functioning of business, four factors of…