Because there isn't one single measure of inflation, the government and researchers use a variety of methods to get the most balanced picture of how prices fluctuate in the economy. two of the most commonly used price indexes are the consumer price index (cpi) and the gdp deflator. indicate whether each scenario will affect the gdp deflator or the cpi for the united states. a. an increase in the price of a treewood equipment feller buncher, which is a commercial forestry machine that cuts and stacks trees. b. a decrease in the price of a chinese-made car that is popular among u. s. consumers.

Jaynet spends $30,000 per year on painting supplies and storage space. she recently received two job offers from a famous marketing firm – one offer was for $85,000 per year, and the other was for $120,000. however, she turned both jobs down to continue a painting career. if jaynet sells 40 paintings per year at a price of $4,000 each:

Cynthia is a hospitality worker in the lodging industry who prefers to cater to small groups of people. she might want to open a

Jamie is saving for a trip to europe. she has an existing savings account that earns 3 percent annual interest and has a current balance of $4,200. jamie doesn’t want to use her current savings for vacation, so she decides to borrow the $1,600 she needs for travel expenses. she will repay the loan in exactly one year. the annual interest rate is 6 percent. a. if jamie were to withdraw the $1,600 from her savings account to finance the trip, how much interest would she forgo? .b. if jamie borrows the $1,600 how much will she pay in interest? c. how much does the trip cost her if she borrows rather than dip into her savings?