Kyle is considering the costs to clean up the local beach after an oil spill.
Which of the following statements is true about the budgeting process for the beach cleanup project?
The scope document is not referred to during the budgeting process.
Budgeting for effort includes the cost for all cleanup equipment.
All cleanup tools will be paid for directly by the budget.
Vendor expenses for removing the waste must be in the budget.
Answers
The budgeting process is an essential aspect of project management, and it involves estimating the total costs of the project and allocating resources accordingly. In the case of the beach cleanup project, it is crucial to include the expenses associated with vendor services for waste removal in the budget.
The scope document is an essential component of the project management process, as it outlines the objectives, deliverables, and requirements of the project. During the budgeting process, the scope document serves as a reference point to ensure that all project costs are accounted for, and the project team has a clear understanding of what is required to complete the project successfully.
Budgeting for effort includes estimating the cost of all resources required to complete the project, including labor, equipment, and materials. In the case of the beach cleanup project, it is essential to include the cost of cleanup equipment in the budget, as it is a critical component of the project. However, it is not accurate to say that all cleanup tools will be paid for directly by the budget, as the project team may choose to rent or borrow equipment instead of purchasing it outright.
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Related Questions
Give your opinion based upon the numbers as to whether production seems to be budgeted properly, and whether the corporation can make an adequate profit above breakeven levels
Answers
Answer:
The production level needs to be budgeted accurately as this is the main strategy which is essential for the success of the business. The corporation cannot make adequate on the breakeven level as this is no profit, no loss situation.
Explanation:
The production level is the basis for sales. If the production level is not accurately estimated then there will be over of under production problems to the business. The over production will result in excess cost to the company and under production will result in lesser profit and sales. The breakeven level is the no profit no loss situation. This is the situation where company earns money equal to its cost and expenses and nothing is saved by the company as profit.
a partner has express authority to do whatever he or she is authorized to do by the articles of partnership
Answers
True. In a partnership, the partners' authority to act on behalf of the partnership is typically defined in the articles of partnership or partnership agreement.
Express authority refers to the specific powers and responsibilities granted to a partner as outlined in these governing documents. If the articles of partnership explicitly authorize a partner to perform certain actions or make decisions, then that partner has the express authority to do so. This means they have the power and authorization to act on behalf of the partnership within the scope of their designated responsibilities.
However, it's important to note that express authority can vary depending on the specific provisions outlined in the articles of partnership. It is crucial for partners to review and understand these provisions to ensure they are acting within the boundaries of their authorized powers and responsibilities.
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Plz help
Which investment strategy would work best if you wanted to make a lot of
money quickly?
A. Low risk, high return
B. High risk, low return
C. High risk, high return
D. Low risk, low return
Answers
Answer:
a. because if your risking small your return is still higher it doesn't matter if you risk acouple time and lose some because when your getting your return it's more then what you risked (I think)
Answer:
high risk high return.
Explanation:
Riskier investments can yield higher returns:
A) but, are generally less expensive
B)but, generally experience steeper downturns
C) so, you should invest all your money in high risk stocks
D) none of the above
Answers
The Riskier investments can yield higher returns, Because They put your money at higher risk. This means that if things go well, high-risk investments can produce high returns.
What is the investment?Investment is the ceremonial of money to purchase an asset to attain an increase in value over a time period of time. Investment requires a sacrifice of some present quality, such as time, medium of exchange, or effort. In finance, the purpose of investing is to generate a return from the invested asset.
The risk investment may offer the chance of higher returns than other investments might produce, but they put your money at higher risk. This means that if things go well, high-risk investments can produce high returns. But if things go badly, you could lose all of the money you invested.
Therefore, Thus option (D) is correct.
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to my brother jayjay
Answers
hahahahahhaha
that is very funny i am laughing so hard i am crying
What is moral muteness? Why do you think an advertising professional might experience this phenomenon?
Answers
Answer: See explanation
Explanation:
Moral muteness occurs when as individuals in the society, we choose not to speak up when we witness an unethical behavior by someone. Even though such issues don't go along with the moral beliefs of the person who witnessed it, he or she decides not to speak against it.
An advertising professional might experience this phenomenon because of the fear of the fear of the fact that speaking up might affect his or her chance of selling the product to the person with the unethical behavior and also due to fear of losing ones job.
A business that accepts payments by credit and debit cards A. almost always pays a fee to the processor to cover the processing costs B. is usually unable to attract more customers C. generally receives proceeds from credit and debit card transactions 30-45 days after the sale D. must check each customer's credit rating
Answers
Answer:
HOPE THIS HELPS
Explanation:
A. it's almost always pays a fee to the processor to cover the processing costs.
a new use for a product is identified on social media, or those in a target market would like to shop online. what are these examples of?
Answers
A new use for a product is identified on social media, or those in a target market would like to shop online are examples of Identification of an opportunity.
Social media and online shopping can be a great way to uncover potential new uses for products and services. By targeting a specific market, you can gain invaluable insight into what potential customers are looking for and capitalize on opportunities you may have otherwise overlooked.
Social media can be a great resource to identify new uses for existing products or to provide an online shopping experience tailored to your target market.
With the right strategy, you can make the most of the opportunities available to you. Take advantage of the potential that exists with the right approach and you’ll be well on your way to success.
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What are the job roles on offer in the picture?
Will be grateful for any replies, thanks!
Answers
Answer:developer and a program assistant
Explanation:
In your own words, explain why we pay taxes.
Answers
Answer: To help support public schools and the economy.
Explanation:
what is financial modeling? what is meant by projection, forecast, pro forma, model, responsible party?
Answers
A company's operations in the past, present, and anticipated future are represented in numbers through finance modeling. A financial forecast based on pro-forma balance sheets is known as a pro forma forecast.
Finance is the study and practice of money, money-related instruments, and capital assets. The study of the creation, transfer, and consumption of money, assets, goods, and services is known as economics. The process of raising money or capital for any kind of expenditure is referred to as finance. It involves directing various finance resources—such as credit, loans, and invested capital—to the businesses that can use them most effectively or who are in the greatest need of them. Investing, borrowing, lending, budgeting, saving, and forecasting are all included in the definition of finance, which is the management of financial resources. Any person or organization should consider it to be important. It plays a crucial role in a company because all businesses need to turn a profit in order to stay in operation.
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Other things remaining the same, if the cost of goods sold decreases, then:_______.
a. Inventory turnover ratio and weeks of supply will both go up.
b. Inventory turnover ratio and weeks of supply will both go down.
c. Inventory turnover ratio will go down, but the weeks of supply will go up.
d. Inventory turnover ratio will go up, but weeks of supply will go down.
e. Inventory turnover ratio will stay the same, but weeks of supply will go down
Answers
Other things remaining the same, if the cost of goods sold decreases, then the correct answer is: d. Inventory turnover ratio will go up, but weeks of supply will go down.
Here's the step-by-step explanation:
1. The cost of goods sold (COGS) is the total cost of producing or acquiring goods sold during a specific period. It includes the cost of materials, labor, and overhead expenses.
2. The inventory turnover ratio measures how efficiently a company manages its inventory by dividing the cost of goods sold by the average inventory. It indicates how quickly a company sells its inventory and replenishes it.
3. When the cost of goods sold decreases, it means that the company is selling goods at a lower cost or reducing the quantity sold.
4. As a result, the inventory turnover ratio will increase. This is because the cost of goods sold is in the numerator, and a decrease in COGS will lead to a higher ratio.
5. On the other hand, the weeks of supply measure how long a company's inventory will last based on the current rate of sales. It is calculated by dividing the average inventory by the cost of goods sold per week.
6. When the cost of goods sold decreases, the denominator in the weeks of supply calculation decreases. As a result, the weeks of supply will go down.
In conclusion, when the cost of goods sold decreases, the inventory turnover ratio will go up because the company is selling goods more efficiently. However, the weeks of supply will go down because the inventory is being depleted at a faster rate.
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a realtor assists client barbara avon in selling her home - the sale is completed on september 15. on september 17, the billing specialist at a records the transaction, prepares the bill and mails it to barbara. on september 29, the payment is collected. the necessary journal entry on september 29 to record the collection would include a debit to
Answers
The necessary journal entry on September 29 to record the collection would include a debit to Cash and a credit to Accounts Receivable.
When the realtor assisted Barbara Avon in selling her home on September 15, a transaction occurred where Barbara owed the realtor a certain amount of money for the services rendered. At this point, no money has yet exchanged hands, and the transaction created an account receivable for the realtor.
On September 17, the billing specialist at the realtor's office prepared the bill and recorded it. This created a record of the amount owed by Barbara to the realtor. At this point, the realtor recorded a credit to Accounts Receivable, indicating that the realtor is owed money by Barbara.
On September 29, the payment for the services rendered was collected by the realtor. This means that the realtor received cash for the amount owed by Barbara. To record this transaction, the realtor would debit the Cash account for the amount received and credit the Accounts Receivable account to reduce the amount owed by Barbara.
The journal entry for this transaction would be,
Debit: Cash
Credit: Accounts Receivable
This journal entry reflects the fact that the realtor received cash and reduced the account receivable by the same amount.
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Which of the following is true if you are making all of your payments ON TIME? A. You will have many payments, and your credit score will drop. B. You will only have a few payments, and your credit score will remain the same. C. You will have many payments, and your credit score will rise. D. You will only have a few payments, and your credit score will drop.
Answers
Answer:
d. You will only have a few payments, and your credit score will drop.
Explanation:
The explains why individuals would prefer work to leisure time when wages rise. A. income effect B. substitution effect C.money effect OD. complement effect
Answers
Income effect: individuals would prefer work to leisure time when wages rise. Thus, option A is the correct option.
The income effect explains why individuals would prefer work to leisure time when wages rise. When wages increase, individuals have the opportunity to earn more income by working additional hours. As a result, the income effect suggests that individuals may choose to work more because the higher wages provide them with a greater financial incentive to do so. The income effect highlights the impact of changes in income on individuals' preferences and decisions regarding work and leisure time.
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how should the entries to a schedule of accounts payable be ordered
a. by date received
b. alphabetically by vendor name
c. by amount due from most to least
d. by date due
Answers
The entries in a schedule of accounts payable would be ordered alphabetically by vendors name.
What is the use of a schedule of accounts payable?A schedule of accounts payable is a list of all the vendors in the ledger of accounts payable to whom the business is currently indebted, together with the balances of their current accounts. In other words, the accounts payable schedule is a list of everyone to whom the company owes money in the accounts payable systems in alphabetical order.
There are two key benefits to using the accounts payable schedule. This schedule, first and foremost, enables managers as well as the accounts payable division to keep track of and arrange the vendor accounts that need to be paid. For instance, the majority of manufacturers and retailers purchase inventory and products from other companies.
Cash payments for these transactions are uncommon. Instead, the buying business merely places the acquisition on credit and pays the vendor within 30 days well after purchase. This technology accelerates corporate operations and makes it simpler for enterprises to purchase things.
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Answer: d. by date due
Explanation: I just took the test.
What is the journal entry for “bought good for cash from m/s rupa traders”
Answers
Answer:
see below
Explanation:
The action of buying goods from r/s rupa increase inventory/purchases ( asset account) and reduces cash( asset) in the business.
An increase in assets account is debited, while a decrease is credited. The journal entry will be
Purchases a/c Dr
Cash a/c Cr
QUESTION 12
Samuel works in the purchasing department of a major manufacturing company. When making purchasing decisions for
his company, Samuel:
a. will have a lot of flexibility in the criteria he uses to select the goods.
b. is likely to have a problem with cognitive dissonance.
c. is likely to apply rational criteria to the purchase decision.
d. will typically confront sellers unwilling to negotiate on prices or terms of sale.
Answers
Answer: C. Is likely to apply rational criteria to the purchase decision.
Explanation:
We should note that when making purchasing decisions for his company, Samuel is likely to apply rational criteria to the purchase decision.
Since he makes purchasing decisions, there'll be some times that he'll have to make logical decisions that he believes will be beneficial to the company.
Rational behavior has to do with the fact that individuals make decisions that results in the highest satisfaction or benefit.
Discussion Topic
In this unit, you learned about several documents that businesses commonly use. Why
are clarity and accuracy such important parts of writing reports, proposals, instructions,
policies, and contracts? What are some of the challenges of analyzing and interpreting
policies and contracts? Why?
Answers
Answer:
Clarity and accuracy are important parts of writing because it helps people understand what the writer is talking about. You don't want people to read your report or proposals and be confused.
Explanation:
Clarity and accuracy are important parts of writing because it helps people understand what the writer is talking about and makes for a more effective message. If the author didn’t use these things, clients and consumers could become confused about the message and meaning and the execution of whatever plan was intended. Some challenges of analyzing and interpreting policies and contracts are that everyone has their own way of looking at things and will place those opinions over whatever they are working through.
Ahmed wants to open a small business selling custom bikes, and is looking at ways of raising money. He owns his own house and is considering acquiring a second mortgage. He is also speaking to his bank about a loan and is looking at crowd-funding sites, as he thinks his product is innovative and could attract investors.
- Assess a mortgage, a loan and crowd-funding as sources of finance for Ahmed.
Answers
Explanation:
Mortgages (Pros & Cons)
Defintion-
These are long-term loans, normally around 25 years, that are secured against specific asset, for example a building
Interest will be payable on the mortgage
Pros-
Large amounts of finance can be raise and repaid over a prolonged period of time
Ownership or control is not lost
Cons-
Interest is charged on the amount borrowed
Interest rates can fluctuate
Often secured against an asset which can be seized if repayments are missed
Interest has to be paid regardless of whether a profit is being made
Not suitable for small amounts or as a short-term source of finance .
The price that a company charged for a computer accessory is given by the equation mc013-1. Jpg where x is the number of accessories that are produced, in millions. It costs the company $10 to make each accessory. The company currently produces 2 million accessories and makes a profit of 100 million dollars. What other number of accessories produced yields approximately the same profit?.
Answers
Using a trial and error method, the other number of accessories the company produced which yields approximately the same profit is A. 1.45 million.
Data and Calculations:
Price for the computer accessory = 100 - 10x^2)
Manufacturing cost = $10
Current production = 2 million
Profit generated based on 2 million accessories = $100 million dollars
= (100 - 10x^2)x - 10x
Where:
y = profit
x = number of accessories (in millions)
Using a trial and error method, replace x with 1.45 million and work out the answer. This option generates a profit of $100 million like 2 million accessories.
Question Completion:
The price that a company charged for a computer accessory is given by the equation 100-10x^2 where x is the number of accessories that are produced, in millions. It costs the company $10 to make each accessory. The company currently produces 2 million accessories and makes a profit of 100 million dollars. What other number of accessories produced yields approximately the same profit?
Answer Options:
A. 1.45 million
B. 3.45 million
C. 40 million
D. 48 million
Thus, the other number of accessories the company produced which yields approximately the same profit is A. 1.45 million.
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During the first quarter of the Super Bowl, Chris keeps track of actual game time vs. time devoted to commercials. Game time amounted to 35 minutes; commercials comprised 14 minutes. What fraction of the total time was the actual game shown? *
Answers
Answer:
=5/7
Explanation:
The total time for the first quarter will be
Game time 35mins and commercial 14 mins
=35 mins + 14 mins
=49 mins
Game time as a fraction of first quarter
=35/49
=5/7
which u.s. department of veterans affairs program allows a veteran to refinance a conventional loan to a va loan?
Answers
VA streamline is the program allows a veteran to refinance a conventional loan to a VA loan.
Conventional loan:
Conventional loan means any mortgage loan that is not insured or guaranteed by the government.
Given,
Here we need to find in which US department of veterans affairs program allows a veteran to refinance a conventional loan to a VA loan.
The process called VA streamline allows a qualified borrower to refinance to a lower interest rate at less cost and with less paperwork compared to what was originally required for the conventional loan.
So, the answer for this one is VA streamline.
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assume the production process is recalibrated weekly and a new sample of cylinders after recalibration reveals an x-bar of 7.600. determine the estimated loss for 100 parts. round your answer to the nearest dollar.
Answers
The estimated loss for 100 parts can be determined based on the recalibrated production process and the sample mean. Therefore, the estimated loss for 100 parts is 10. Rounded to the nearest dollar, the estimated loss would be $10.
To calculate the estimated loss for 100 parts, we first need to determine the deviation of the sample mean (7.600) from the target value. Let's assume the target value is 7.500. The deviation is calculated by subtracting the target value from the sample mean: 7.600 - 7.500 = 0.100.
This deviation represents the estimated loss per part. To calculate the estimated loss for 100 parts, we multiply the estimated loss per part (0.100) by the total number of parts (100): 0.100 * 100 = 10. Therefore, the estimated loss for 100 parts is 10. Rounded to the nearest dollar, the estimated loss would be $10.
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1. Name an automobile model that is positioned to satisfy customers' need for high quality
and status. Then name an automobile model that is positioned to satisfy a need for
inexpensive transportation. Describe the type of consumer who would buy each of the
brands you name. Explain how the automakers of the models you have chosen use
product features, branding, and positioning to make their products "stand out" from
others and differentiate them in the marketplace.
Answers
Answer:
1. An automobile model that is positioned to satisfy customers' need for high quality and status is the Mercedes-Benz S-Class.
2. An automobile model that is positioned to satisfy a need for inexpensive transportation is the Nissan Versa.
3. The consumer who would buy this brand is typically someone who is budget-conscious, looking for a reliable mode of transportation and prioritizes fuel efficiency.
4. Mercedes-Benz emphasizes the luxury and high-performance aspects of its vehicles, using sleek and stylish design, advanced technology features, and premium materials in its marketing campaigns. They position themselves as a symbol of status and luxury, appealing to those who want the best in terms of quality and performance.
Nissan, on the other hand, emphasizes the affordability and practicality of their vehicles, positioning themselves as a practical choice for those who are budget-conscious and value fuel efficiency. They use marketing campaigns that focus on the practical features of their vehicles, such as their low cost of ownership and fuel efficiency, as well as emphasizing their reliability and safety features.
Explanation:
Mercedes-Benz and Nissan use different product features, branding, and positioning strategies to appeal to different segments of the market. Mercedes-Benz appeals to those who value luxury and status, while Nissan appeals to those who value affordability and practicality. By using different strategies to differentiate themselves in the marketplace, they are able to capture the attention of different consumer segments and stand out in a crowded automotive market.
All of the following are problem-solving steps except:
A. doing the first solution that comes to mind
B. creating possible solutions
C. defining the problem
D. taking action
Answers
A is the answer because doing the first solution that comes to mind is not included in the process
if do the first which comes in the mind than what the benefit of creating possivle solutions
WILL GIVE BRAINLIEST, TRUE OR FALSE QUESTION
A cover letter is a summary of your skills, education, and work experience.
True
False
Answers
Answer:
false
Explanation:
hope this helps
An economy is described by the following equations:
C = 1,800 + 0.6 (Y – T)
I p = 900
G = 1,500
NX = 100
T = 1,500
Y* = 9,000
a. Complete the table shown below to find short-run equilibrium output. Consider possible values for short-run equilibrium output ranging from 8,000 to 9,000.
Instruction: If you are entering any negative numbers be sure to include a negative sign (-) in front of those numbers.
Output (Y) Planned aggregate expenditure
(PAE) Y – PAE Y = PAE?
8,000 (Click to select)YesNo
8,100 (Click to select)NoYes
8,200 (Click to select)NoYes
8,300 (Click to select)YesNo
8,400 (Click to select)NoYes
8,500 (Click to select)YesNo
8,600 (Click to select)NoYes
8,700 (Click to select)YesNo
8,800 (Click to select)NoYes
8,900 (Click to select)YesNo
9,000 (Click to select)NoYes
Short-run equilibrium output is .
b. Show the determination of short-run equilibrium output for this economy using the Keynesian cross diagram.
Instructions: On the graph below,1) use the line tool provided 'Exp.' to draw the Aggregate Expenditure line. Draw only the end points of this line between output levels of 8,000 and 9,000 (two points total). 2) Use the point tool provided 'Short-term eq' to identify the equilibrium level of income and expenditure.
c. What is the output gap for this economy? If the natural rate of unemployment is 4 percent, what is the actual unemployment rate for this economy (use Okun’s law given Y* = 9,000)?
Instructions: If you are entering any negative numbers be sure to include a negative sign (-) in front of those numbers. Percentage values should be rounded to one decimal place.
Output gap: (Y* = 9,000).
Actual unemployment rate: %.
Answers
a. Short-run equilibrium output = 8,200 c. actual unemployment rate is -12%.
a. The formula for planned aggregate expenditure is: PAE = C + Ip + G + NX
Substituting the values, PAE = (1,800 + 0.6(Y – 1,500)) + 900 + 1,500 + 100
PAE = (1,800 + 0.6Y – 900) + 2,500
PAE = 900 + 0.6Y
We can now complete the table as shown below:
Output (Y)Planned aggregate expenditure (PAE)Y – PAEY = PAE?
8000900 – 0.6(800) + 2,500-600No
8100950 – 0.6(810) + 2,500-260No
82001000 – 0.6(820) + 2,50020Yes
83001050 – 0.6(830) + 2,50050No
84001100 – 0.6(840) + 2,500100Yes
85001150 – 0.6(850) + 2,500150No
86001200 – 0.6(860) + 2,500200Yes
87001250 – 0.6(870) + 2,500250No
88001300 – 0.6(880) + 2,500300Yes
89001350 – 0.6(890) + 2,500350No
90001400 – 0.6(900) + 2,500400Yes
We can observe that the equilibrium output is 8,200.
Short-run equilibrium output = 8,200
b. The aggregate expenditure line can be drawn as follows:
We can see that the equilibrium output is Y = 8,200.c. The output gap is the difference between the actual output and the potential output, given by:
Output gap = Actual output - Potential output
Output gap = 8,200 - 9,000
Output gap = -800Since Y* = 9,000 and Y = 8,200, the output gap is -800.
c. Using Okun's law, the actual unemployment rate can be calculated as follows:
Output gap = (actual unemployment rate – natural unemployment rate) / 2Actual unemployment rate = natural unemployment rate + 2 × output gap / 100Actual unemployment rate = 4 + 2 × (-800) / 100
Actual unemployment rate = 4 - 16
Actual unemployment rate = -12%
Therefore, the actual unemployment rate is -12%.
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Is the presentation of raw numerical or verbal descriptions in a form that is useful for a specific purpose.
Answers
Information is the presentation of raw numerical or verbal descriptions in a form that is useful for a specific purpose.
What is the importance of information?It should be noted that information simply means the data that has been processed.
In this case, inormation is the presentation of raw numerical or verbal descriptions in a form that is useful for a specific purpose.
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What role does the price index play for understanding family budget expenditures ?
Answers
Answer:
Explanation:
Consumer Price Index (CPI) Explained: What It Is and How It's Used
8 minute and 31 second read time
By JASON FERNANDO Updated December 13, 2022
Reviewed by PETER WESTFALL
Fact checked by PETE RATHBURN
Consumer Price Index (CPI)
Investopedia / Katie Kerpel
What Is the Consumer Price Index (CPI)?
The Consumer Price Index (CPI) measures the monthly change in prices paid by U.S. consumers. The Bureau of Labor Statistics (BLS) calculates the CPI as a weighted average of prices for a basket of goods and services representative of aggregate U.S. consumer spending.
The CPI is one of the most popular measures of inflation and deflation. The CPI report uses a different survey methodology, price samples, and index weights than the producer price index (PPI), which measures changes in the prices received by U.S. producers of goods and services.
KEY TAKEAWAYS
The Consumer Price Index measures the overall change in consumer prices based on a representative basket of goods and services over time.
The CPI is the most widely used measure of inflation, closely followed by policymakers, financial markets, businesses, and consumers.
The widely quoted CPI is based on an index covering 93% of the U.S. population, while a related index covering wage earners and clerical workers is used for cost-of-living adjustments to federal benefits.
The CPI is based on about 94,000 price quotes collected monthly from some 23,000 retail and service establishments as well as 43,000 rental housing units.
Housing rents are used to estimate the change in shelter costs including owner-occupied housing that account for nearly a third of the CPI.