Answer:
c.represents what a share of stock is worth
Explanation:
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Answer:
The answers are:
- The CPI for 2009 is 100 (since it is the base year)
- The CPI for 2010 is 129.17
- The inflation rate for 2010 is 29.17%
Explanation:
<u>CPI basket for 2009</u>
- 6 razors x $20 per razor = $120
- 4 bottles of cologne x $30 per bottle = $120
The total value of the CPI basket for 2009 is $240
<u>CPI basket for 2010</u>
- 6 razors x $25 per razor = $150
- 4 bottles of cologne x $40 per bottle = $160
The total value of the CPI basket for 2010 is $310
- The CPI for 2009 is 100, since it is the base year
- The CPI for 2010 = (CPI basket 2010 / CPI basket 2009) x 100 = ($310 / $240) x 100 = 129.17
- The inflation rate for 2010 = [(CPI basket 2010 / CPI basket 2009) - 1] x 100 = (1.2917 - 1) x 100% = 29.17%
Tt’s $25.23 because if you compare the price to money in USA, it will come up to that amount.
<h3>What is money?</h3>
Money is a good that is frequently used as a medium of economic exchange. It acts as the primary determinant of wealth and the means of expressing prices and values. By anonymously traveling from one person to another and from one nation to another, it allows trade as a kind of exchange.
Money is something that is frequently utilized in a specific nation or socioeconomic setting to buy goods and services and pay off debts. As a unit of account, a medium of exchange, and periodically as a baseline for postponed payments, money serves four main purposes.
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Answer:
Explanation:
There are a wide range of different types of investments that can be made. One of which are Dividend-paying Stocks. These are individual company stocks that payout dividend payments to the holders of their stocks. Usually, these payments are made quarterly throughout the year but is a steady way of making extra regular passive income, without the maintenance work. Even though the income is usually steady the price of the stock can fluctuate and either increase or decrease in price depending on many different factors.
Another investment idea would be to create a digital course. If you invest time and a little money into creating a video course with information that is valuable to individuals around the world. Then that course can generate passive income for years to come. There is always something that someone around the world wants to learn which makes these courses valuable and people are willing to pay for that. The pros to this are that it can generate income steadily and for a very long time with little to no maintenance, while the cons are that it does take time to create and even more time if you do not yet possess the required knowledge in that topic.
Answer:
doctor visit
Explanation:
it is a service cuz ot is something that is being bought in exchange for an event?