subject
Business, 21.06.2019 17:00 santos200154

The typical consumer's food basket in the base year 2015 is as follows: 30 chickens at $4 each 10 hams at $5 each 10 steaks at $8 each a chicken feed shortage causes the price of chickens to rise to $5.00 each in the year 2016. hams rise to $7.00 each, and the price of steaks is unchanged. a. calculate the change in the "cost-of-eating" index between 2015 and 2016. year cost of the basket 2015 $ 2016 $ instructions: enter your responses rounded to one decimal place. the official cost-of-eating index has by %. b. suppose that consumers are completely indifferent between two chickens and one ham. for this example, how large is the substitution bias in the official "cost-of-eating" index? the in the cost-of-eating index is %. the of inflation in the cost of eating reflects substitution bias.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 20:40
Which of the following most accurately describes the difference between a discount broker and a full-service broker? a. discount brokers can only buy and sell common stocks b. discount brokers don't give investment advice or do stock market analysis c. discount brokers pay taxes on a smaller percentage of their earnings d. discount brokers get reduced prices on shares for their larger customers 2b2t
Answers: 2
question
Business, 22.06.2019 06:20
John is trying to raise debt from a prospective venture investor, angel llc. angel indicated to john that the annual interest rate on risky venture loans is currently 15 percent. john is seeking a 4-year loan with annual payments. he is willing to pay back $100,000 at the end of 4 years. however, due to cash flow problems, he can only afford to pay interest at a 12 percent annual rate. calculate the dollar amount that angel venture investors would lend to john.
Answers: 1
question
Business, 22.06.2019 14:40
Nell and kirby are in the process of negotiating their divorce agreement. what should be the tax consequences to nell and kirby if the following, considered individually, became part of the agreement? a. in consideration for her one-half interest in their personal residence, kirby will transfer to nell stock with a value of $200,000 and $50,000 of cash. kirby's cost of the stock was $150,000, and the value of the personal residence is $500,000. they purchased the residence three years ago for $300,000.nell's basis for the stock is $ xkirby's basis in the house is $ xb. nell will receive $1,000 per month for 120 months. if she dies before receiving all 120 payments, the remaining payments will be made to her estate.the payments (qualify, do not qualify) as alimony and are (included in, excluded from) nell's gross income as they are received.c. nell is to have custody of their 12-year-old son, bobby. she is to receive $1,200 per month until bobby (1) dies or (2) attains age 21 (whichever occurs first). after either of these events occurs, nell will receive only $300 per month for the remainder of her life.$ x per month is alimony that is (included in, excluded from) nell's gross income, and the remaining $ x per month is considered ​(child support, property settlement) and is (nontaxable, taxable) to nell.
Answers: 3
question
Business, 22.06.2019 19:20
Why is following an unrelated diversification strategy especially advantageous in an emerging economy? a. it allows the conglomerate to overcome institutional weaknesses in emerging economies. b. it allows the conglomerate to form a monopoly in emerging economies. c. it allows the conglomerate to use well-defined legal systems in emerging economies. d. it allows the conglomerate to take advantage of strong capital markets in emerging economies.
Answers: 1
You know the right answer?
The typical consumer's food basket in the base year 2015 is as follows: 30 chickens at $4 each 10 h...
Questions
question
Mathematics, 17.05.2021 20:30
question
English, 17.05.2021 20:30
question
Chemistry, 17.05.2021 20:30
Questions on the website: 13561441