Discuss two criticisms of the consumer price index (CPI)
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Discuss two criticisms of the consumer price index (CPI)
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- The Oxford Dictionary defines the word nominal asa value that is “stated or expressed but notnecessarily corresponding exactly to the real value.[18]Develop a reasonable argument for why the termnominal rate is used to describe the annual percentagerate of an investment account that compoundsinterest.2. Discuss the Price Index most commonly used in your country. How is it calculated?Discuss the relationship between advertising expenditure and sales revenue.
- Define index number and mention the uses of index numbers. What is the difference between wholesale price index and consumer price index?Samurai Inc is a popular travel option for travelers between Japan and mainland Asia especially South Korea. However, due to the South Korea’s Discord with its neighbour and the following uncertainty regarding peace negotiation in the Korean Peninsula, the number of ground travel continues to fluctuate. Table 1 shows the number of car travel (y) per quarter between Japan and South Korea between 2013 and 2019. Table Attached Question: Calculate the Adjusted Seasonal Index for Q1, Q2, Q3, and Q4.Discuss two limitations of relying on a margin of safety when predicting future sales. Would you rely on it? Why or why not? Provide support for your rationale.
- What are the characteristics of capital expenditures, and how do they vary from operating expenditures?What is an economic model? Discuss the relevance of models to economic analysisIs the geometric mean the measure of central tendency which can be used to compute the average rate of growth? True or false