Five years ago, a company experienced some extremely unusual events, including a major strike and a widely publicized health concern about one of its products. Since the firm tended to hit bottom during the time, the year would be a good choice as a base period for an index reflecting production volume.
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- Five years ago, a company experienced some extremely unusual events, including a major strike and a widely publicized health concern about one of its products. Since the firm tended to hit bottom during the time, the year would be a good choice as a base period for an index reflecting production volume.
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- Between 2004 and 2005, the cost of a typical consumer’s market basket in Singsville increased from 33 to 33.5.Assuming 2004 is the base year, calculate the index number for this market basket in 2004.Between 2012 and 2013, the cost of a typical consumer’s market basket in Quarterville increased from 31 to 34. Assuming 2012 is the base year, calculate the index number for this market basket in 2012. Assuming the same base year, calculate the index number for this market basket in 2013.i need help with this macroecon question 14. i have gotten it wrong before, i don't understand.
- Find the calculations for 2018 and 2019, and enter the results in the following table.The following table represents the thallium production and apparent consumption in the United States for the years 2004 through 2010. Unit value is the value in actual dollars of one metric ton (t) of thallium apparent consumption. With 2004 as the base year, adjust the unit value in actual U.S. dollars to the unit value in constant 2004 U.S. dollars (2004$).Need help finding Gini index for Year 2010
- In the year 2000, the total amount of consumer loans in the United States topped $550 billion dollars. According to the Archival Federal Reserve Economic Data report, the total amount of consumer loans for the United States can be approximated by the function L(t) = 0.286t²-3.669t+24.475 where t is the number of years after 1950 and L(t) is given in billions of dollars. Evaluate and interpret the instantaneous rate of change in the total amount of consumer loans in the United States in 2020. O a. The total amount of consumer loans in the United States is expected to grow in 2020 at a rate of 11.69 billion dollars. Ob. The total amount of consumer loans in the United States is expected to grow in 2020 at a rate of 30.65 billion dollars. Oc. The total amount of consumer loans in the United States is expected to grow in 2020 at a rate of 34.32 billion dollars. Od. The total amount of consumer loans in the United States is expected to grow in 2020 at a rate of 36.37 billion dollars.Year 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 (in Billions of (Price Index, Dollars) (2012= 100) 9,817 78.1 10,128 79.8 10,469 81.1 10,960 82.6 11,685 84.8 12,422 87.4 13,178 90.1 13,808 92.5 14,291 94.3 13,939 95.0 14,524 96.1 15,518 98.1 16,163 100.0 16,768 101.8 17,393 103.6 18,037 104.6 18,954 105.7 19,543 107.7 20,612 110.3 21,433 112.3 Instructions: Round your responses to the nearest billion. If you are entering any negative numbers be sure to include a negative sign (-) in front of those numbers. a. Calculate real GDP for 2018 using 2008 prices. 15402 billion $ b. By how much did real GDP increase between 2008 and 2018? $ c. By how much did nominal GDP increase between 2008 and 2018? $ -3532 billion billionThe variable-based index values of wholesale bread prices for the years 1987-2003 are given below. Given the given, what is the fixed basis wholesale bread price index for 2001? year variable-based index values of wholesale bread prices 1987 97 1988 63 1999 74 2000 113 2001 94 2002 147 2003 78
- In a Passche index, prices are weighted according to the quantities of the various items in the base period. TRUE OR FALSEYou are given the actual sales volume for iPod, what used to be one of Apple’s popular electronic products. The data covers 12 years of sales data, from 2002 until 2014. Your task is to create a product life cycle graph for the iPod as shown on page 295 of the textbook. The product lifecycle is also available in the lecture slides for Chapter 9. Your life cycle graph should clearly identify the introduction, growth, maturity and declining stages for the iPod. You should show the unit sales in the vertical axis and the calendar years (i.e., time) in the horizontal axis. Once you create the product life cycle graph, answer the following questions: In which years did the maturity stage occurred for the iPod? Explain your reasons in one paragraph of three to five sentences long. In which years did the decline stage occurred for the iPod? Explain your reasons in one paragraph of three to five sentences long.You are given the actual sales volume for iPod, what used to be one of Apple’s popular electronic products. The data covers 12 years of sales data, from 2002 until 2014. Your task is to create a product life cycle graph for the iPod as shown on page 295 of the textbook. The product lifecycle is also available in the lecture slides for Chapter 9. Your life cycle graph should clearly identify the introduction, growth, maturity and declining stages for the iPod. You should show the unit sales in the vertical axis and the calendar years (i.e., time) in the horizontal axis. Once you create the product life cycle graph, answer the following questions: Finally, explain why the iPod declined. You can use online sources to answer this questions. Again your answer should not be more that one paragraph of three to five sentences.