Question: 29.Using 1989 as a base, the price index for computers is now 175. What does this index number mean? The price of computers has decreased

29.Using 1989 as a base, the price index for computers is now 175. What does this index number mean?

The price of computers has decreased 75% since 1989

The price of computers has increased 75% since 1989

The price of computers has increased 175% since 1989

The price of computers has increased 100% since 1989

The price of computers is now $175more than in 1989

30.A _____________ economic indicator is one in which the highs, lows, and changes tend to come after or following changes in the economy.

leading

receding

preceding

lagging

sluggish

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

Q:

Using 1989 as a base, the price index for computers is now 185. What does this index number mean? The price of computers has decreased 85% since 1989 The price of computers has increased 85% since...

Q:

Q 1 2 : Using the 1 9 8 9 base as a base, the price index for computers is now 1 2 5 . What does this index number mean? A . price of computers has decreased 2 5 % since 1 9 8 9 B . price of...

Q:

instructions: (There are 20 questions to be answered for Module 8 The following 4 gquestions (Q1 to Q4) are based on the following information: You and your friends have decided to go to The Kentucky...

Q:

Please help with questions 12-20! Thank u! Q12: Using the 1989 base as a base, the price index for computers is now 125. What does this index number mean? A. price of computers has decreased 25%...

Q:

please can you please help me with this case in order for me to get prepared for my midterm. this is not a homework, its a case given by the professor for us to get ready for the upcoming exam...

Q:

please can you please help me with this case in order for me to get prepared for my midterm. this is not a homework, its a case given by the professor for us to get ready for the upcoming exam...

Q:

Hello can you please help with this case study, that's an exercice given by the teacher in order for us to get ready for the mid-term, he said he is going to give something like that, so we should...

Q:

Consumer Price Index Summary Transmission of material in this release is embargoed until 8:30 a.m. (ET) Wednesday, April 1@, 2824 USDL-24-8653 Technical information: (282) 691-78@0 * cpi...

Q:

echr Section C Question 5 Production Function Estimation. Suppose that you have a random cross section of firm- level data, with information on output, labor and capital. In logs, (uni, hi, k : i =...

Q:

Prepare Pro Forma 1996 and 1997 Financial Statements and conduct breakeven analysis to assess (1) breakeven $ sales, (2) whether CL could breakeven in 1996 or 1997 . 47 Exhibit 1 SELECTED MARKET...

Q:

A movie theatre charges Sh. 80 for each adult admission and Sh. 50 for each child. One Saturday, 525 tickets were sold, bringing in a total of 32,550. How many of each type of ticket were sold?

Q:

What happens when 3-pentanone reacts with CrO3, HO? a) a carboxylic acid forms b) an alcohol forms c) a polymer forms d) there is no reaction

Q:

6. Enlarge the following triangles with the centre of enlargement E and scale factor k as given. (a) A(1, 3), B(2, 5) and C(6, 1); E(0, 0); k = 2 (b) P(1, 4), Q(4, 1) and R(5, 6); E(1, 2); k = -2 (c)...

Q:

A company is preparing completing their Cash Budget. The following data has been prepared for cash receipts and payments. January February March Cash receipts $1,061,200 $1,182,400 $1,091,700 Cash...