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

Author Question: A price index for a given item which is computed by dividing a current unit price by a base-period ... (Read 154 times)

CBme

  • Hero Member
  • *****
  • Posts: 548
on: Jun 24, 2018
A price index for a given item which is computed by dividing a current unit price by a base-period unit price and multiplying the result by 100 is known as the
 a. Producer price index
  b. Consumer price index
  c. Paasche index
  d. Price relative

Question 2

Consumer Price Index is
 a. a weighted aggregate price index where the weight for each item is its current-period quantity.
  b. a weighted aggregate price index where the weight for each item is its last-period quantity.
  c. an index that is designed to measure changes in quantities over time.
  d. an index that is designed to measure changes in production levels over time.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

al

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

A


CBme

  • Member
  • Posts: 548
Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

mjenn52

  • Member
  • Posts: 351
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Index card tickler file. Index card tickler file.
Pi molecular orbital system of PLP-amino acid Schiff base Pi molecular orbital system of PLP-amino acid Schiff base
Embryonic Period Embryonic Period
Embryonic Period - 3rd week Embryonic Period - 3rd week
A current-carrying wire is placed in a uniform magnetic field, as shown below. A current-carrying wire is placed in a uniform magnetic field, as shown below.
The Heat Index. The Heat Index.
Video: Physiology of Asthma

For a complete list of videos, visit our video library