Select the correct answer.
a basket of goods and services is used to calculate cpi. assume that the basket contains 5 toothbrushes and 2 tubes of toothpaste. the prices
for those goods are shown in the table.
year toothbrush tube of toothpaste
year 1 $1.00 each $2.00 each
year 2 $1.25 each $2.10 each
what will the cpi for year 2 be?
ca 9.00
b. 10.45
c. 86.00
d. 116.11

The federal reserve controls certain interest rates in the united states. investors often try to speculate as to whether the federal reserve will raise or lower rates and by how much. suppose a company conducts extensive interviews with financial analysts, and as a result, predicts that "thefed" will increase rates by an average of 0.25 percentage points every six months for the forseeable future. which type of equation could be used to model the predicted interest rates over the next several years, assuming no other significant changes? a) a linear equation b) a quadratic equation c) a polynomial equation d) an exponential equation