Spenser's income was $50,000 and his wife's income was $35,000 in the year 2017. Also, the CPI in year 2017 was 212.5. In 2018, the CPI went up to 272.2 and the income did not change for the couple. What is the equivalent income amount for Spenser and his wife in 2018

Which change is illustrated by the shift taking place on this graph? a decrease in supply an increase in supply o an increase in demand o a decrease in demand

Margaret company reported the following information for the current year: net sales $3,000,000 purchases $1,957,000 beginning inventory $245,000 ending inventory $115,000 cost of goods sold 65% of sales industry averages available are: inventory turnover 5.29 gross profit percentage 28% how do the inventory turnover and gross profit percentage for margaret company compare to the industry averages for the same ratios? (round inventory turnover to two decimal places. round gross profit percentage to the nearest percent.)

Explain the relationship between consumers and producers in economic growth and activity