This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is a major use of the Consumer Price Index? a. To evaluate and determine ... (Read 54 times)

genevieve1028

  • Hero Member
  • *****
  • Posts: 601
on: Jul 24, 2018
Which of the following is a major use of the Consumer Price Index?
 a. To evaluate and determine economic policy.
  b. To compare prices in different years.
  c. To determine salary and price adjustments.
  d. All of the above.

Question 2

If you bought a new pickup truck in 1995 for 15,000 (when the Consumer Price Index was 152.4), what would you have paid in 2000 for a similar quality pickup truck (when the Consumer Price Index was 172.2)?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Chocorrol77

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jul 24, 2018
Answer to Question 1

D

Answer to Question 2

16,949.

.


genevieve1028

  • Member
  • Posts: 601
Reply 2 on: Jul 24, 2018
Wow, this really help

carlsona147

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Major types of microbial cell aggregations found in phylum Cyanobacteria. Major types of microbial cell aggregations found in phylum Cyanobacteria.
Therapeutic index: (a) drug X has a therapeutic index of 4; (b) drug Z has a therapeutic index of 2 Therapeutic index: (a) drug X has a therapeutic index of 4; (b) drug Z has a therapeutic index of 2
Probability of Major Depression as a Function of 5-HTT Allele and Levels of Maltreatment ... Probability of Major Depression as a Function of 5-HTT Allele and Levels of Maltreatment ...
Major biosynthetic roles of some citric acid cycle intermediates Major biosynthetic roles of some citric acid cycle intermediates
The Amounts of the Different Minerals in Your Body The major minerals are present in larger amounts The Amounts of the Different Minerals in Your Body The major minerals are present in larger amounts
Major Elements of the Genitourinary System Major Elements of the Genitourinary System
Video: Carbohydrate digestion - mouth and stomach & pancreas and small intestine

For a complete list of videos, visit our video library