Which of the following best explains why the chained consumer price index generally results in a lower rate of inflation than the regular consumer price index? A. The chained index is based on a comprehensive bundle of goods and services, while the regular CPI considers only changes in the prices of food and energy B. The chained index makes allowance each month for shifts away from goods that have become relatively more expensive; the regular CPI does not adjust for this factor. C. The chained consumer price index considers the impact of both rising and falling prices, whereas the regular consumer price index considers only the impact of goods and services with rising prices during the period. D. The chained consumer price index considers only the prices of goods and services purchased by households, whereas the regular CPI also includes the price changes of investment assets such as stocks and real estate.

Answers

Answer 1

B) The chained consumer price index (CPI) generally results in a lower rate of inflation than the regular CPI because it makes allowance each month for shifts away from goods that have become relatively more expensive.

This is done by substituting goods and services with less expensive alternatives when the prices of a particular good or service becomes too expensive. For example, if beef prices were to increase, the chained CPI may substitute beef for chicken in its basket of goods and services. This substitution accounts for the decrease in inflation because the overall cost of the basket has decreased.

In contrast, the regular CPI does not adjust for this factor, so it will not capture the decrease in price due to the substitution.

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Related Questions

#1 You are driving down the highway when one of your tires suddenly blows out. You should

Pump your brakes rapidly, and steer your vehicle to control any skids.

Avoid using your brakes. Slow down gradually and concentrate on steering.

Press hard on your brake pedal and stop as quickly as you can.

Answers

Avoid using your brakes. Slow down gradually and concentrate on steering

to be successful, strategic planning requires a company to have a ______ orientation.

Answers

To be successful, strategic planning requires a company to have a long-term orientation.

What is strategic planning?

Strategic planning can be defined as the way of making use of techniques that will enables a company to achieve their future goals and objective.

On the hand  long-term orientation can be defined as the future goals they a company or an organization has the plan to achieve.

Therefore the statement that filled the gap is long term.

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A university spent $1.8 million to install solar panels atop a parking garage. These panels will have a capacity of 400 kilowatts (kW) and have a life expectancy of 20 years. Suppose that the discount rate is 20%, that electricity can be purchased at $0.10 per kilowatt-hour (kWh), and that the marginal cost of electricity production using the solar panels is zero.

Answers

Answer:

9241.08 Hrs

Explanation:

Calculation to determine Approximately how many hours per year will the solar panels need to operate to enable this project to break

Let n represent hour of operation per year for breakeven

Breakeven annual cost = Annual savings

$1,800,000 * (A/P, 20%,20) = 400 * n * 0.1

$1,800,000 * 0.205357 = 400 * n * 0.1

n = 369,643/ 40

n= 9241.075

n=9241.08 Hrs (Approximately)

Therefore Approximately how many hours per year will the solar panels need to operate to enable this project to break will be 9241.08 Hrs

Where there is no well-understood or agreed-on procedure for making a decision, it is said to be: ___.
documented.
unstructured.
undocumented.
low-level.
semi-structured.

Answers

Where there is no well-understood or agreed-on procedure for making a decision, it is said to be: unstructured

Unstructured decisions are ones that take place when a person does not have enough options or preferences to decide. These decisions frequently result from complicated and unusual circumstances, which call for the decision-maker to draw on his knowledge and insight to reach the best choice. To make these choices and find a solution, judgment, assessment, and insight are needed. "Decision processes that have not been faced in nearly the same form and for which there are no preconceived and explicit set of ordered solutions existing in the organization" are considered unstructured.These choices are significant, unusual, and original. There is no more clear-cut way to manufacture them. When a company's management must choose whether to join a new market or stick with their current one, that is an illustration of such a choice. Information technology aids in the decision-making process.

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elaborate the meaning of induction and explain its purpose​

Answers

Induction is the process of welcoming, introducing and socializing the new entrants to the existing group of people. The purpose of induction Is to make the new employees feel welcome at the new workplace and with their senior employees.

What is the best business organization for annabeth’s new company? a corporation, because she will need financing to get started a sole proprietorship, because the business is small and simple to operate a partnership, because she lacks the skills to make machine parts a cooperative, because local businesses will be her customers

Answers

The statement that best describes the business organization for Annabeth’s new company is to a corporation, because she will need financing to get started.

What is corporation?

A corporation is an entity. It is usually defined as a collection of people or a company.

It has been permitted by the state to act as a single entity and is lawfully recognized as such for certain purposes.

Documents were utilised to found the first incorporated entities. The majority of governments now permit the formation of new corporations through the registration process.

The reason a Corporation would be preferable is that it would allow her to realize her long-term goals.

In the future, a corporation is more likely to expand, allowing Annabeth to realize her aspirations of selling to Europe and South America.

She does, in fact, have a better probability of doing so sooner rather than later.

Therefore, option a is correct.

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Required information Exerelse 13-22A (Algo) Recording events in the general Journal, posting to T-accounts, and preparing closing entries LO 13-1, 13-2, 13-3, 13-4 [The following information apples to the questions displayed beiow] At the begirning of Year 2 Oak Consulting had the following normal balances in its accountt: The following events apply to Oak Consultang for Year 2 1. Provided $72800 of services on account. 2 incurred $3,000 of operating expenses on account. 3. Collocted $49,300 of accounts recetvable 4. Paid $36,200 cash for salanes expense. 5. Paid $13,860 cash as a parval payment on accounts psyable. 6. Paid a $9.500 cash dividend to the stockholders. Exercise 13.22A (Algo) Part b b & d. Port the beginning belances and the transactoons from Pars a and d to the appropnate accounts. (1) Required information

Answers

To record the beginning balances and transactions from Part a and d, we need to identify the appropriate accounts and update their balances accordingly. The accounts involved in this exercise include accounts receivable, operating expenses, cash, salaries expense, accounts payable, and retained earnings.

The beginning balances and transactions for Oak Consulting are recorded as follows:

Beginning Balances:

Accounts Receivable: $0

Operating Expenses: $0

Cash: $0

Salaries Expense: $0

Accounts Payable: $0

Retained Earnings: $0

Transactions:

a) Provided $72,800 of services on account:

Increase Accounts Receivable by $72,800

Increase Retained Earnings by $72,800

d) Paid $36,200 cash for salaries expense:

Decrease Cash by $36,200

Increase Salaries Expense by $36,200

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How important are signs.symbols and designs in relation to carpentry?if you do not have access to internal.you may answer based on your opinion

Answers

Answer:

Symbols—such as gestures, signs, objects, signals, and words—help people understand that world. They provide clues to understanding experiences by conveying recognizable meanings that are shared by societies.

Explanation:

I HOPE IT HELPS PO...☺️☺️☺️

Identify the parts of the database table.
(primary key
field
record
table)

Answers

A database is a collection of information that is organized in a structured way to allow for efficient storage and retrieval of data. One of the most important components of a database is the table, which is a collection of related data organized into rows and columns.

The primary key is a unique identifier for each record in the table. It is a field or a combination of fields that uniquely identifies each record in the table. This is important for data integrity and ensures that there are no duplicate records. The primary key field can be a text field, number field, or any other data type.
A field is a specific piece of information in a table, such as a name, address, or date. Each field is given a specific name, and the data in the field must be of a specific data type.
A record is a complete set of information in a table. It is made up of all the fields in the table, and each record represents a single entity, such as a person, a product, or an order.
The table is the collection of records and fields. It is where all the data is stored and organized. Each table has a specific name and is made up of a specific set of fields.
In summary, a database table consists of fields, records, a primary key, and the table itself. Each of these components is essential for organizing and managing data efficiently. By understanding these components, you can create and maintain effective databases that meet your needs.

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__________ services act as a middleman, allowing individuals to securely send and receive money. select all that apply.

Answers

The service that serves as middleman which gives room for individuals to transact by sending or receiving money is regarded as P2P.

Peer-to-peer can be regarded as a networking system which helps in partitions tasks or workloads among peers.

It helps for easy transaction whereby two or more people are involved in series of business.

In peer-to-peer (P2P) can as well be explained as  group of computers which are linked together for processing of data.

Therefore, P2P helps to connect two or more people together for easy transaction.

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if congress is worried about inflation, they might group of answer choices increase government spending and taxes decrease government spending and taxes increase government spending and decrease taxes decrease government spending and increase taxes

Answers

The correct option is D, If Congress is worried about inflation, they might decrease government spending and increase taxes.

Inflation occurs when the general price level of goods and services in an economy rises over time, which can erode the purchasing power of consumers and create uncertainty in the marketplace. When inflation is a concern, policymakers may take steps to reduce the amount of money flowing into the economy to try to slow down price increases.

One way to do this is to decrease government spending. This reduces the amount of money the government is injecting into the economy, which can help to moderate price increases. Additionally, Congress may choose to increase taxes, which can reduce the amount of disposable income available to consumers and businesses, further decreasing demand for goods and services and helping to control inflation.

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Complete Question: -

If congress is worried about inflation, they might

a. increase government spending and taxes

b. decrease government spending and taxes

c. increase government spending and decrease taxes

d. decrease government spending and increase taxes

You are told that if you invest $11,000 per year for 23 years( all payments made at the end of each year) you will have accumulated $366,000 at the end of the period What annual rate of return is the investment offering.

Answers

Answer:

3.2%

Explanation:

this is an ordinary annuity:

future value of an ordinary annuity = annual payment x future value annuity factor

$366,000 = $11,000 x future value annuity factor

future value annuity factor = $366,000 / $11,000 = 33.2727

you can solve this in two ways:

the first is with a lot of math work in order to solve the following equation

33.2727 = [(1 + i)²³ - 1] / i

or

you can use an annuity calculator (available online) which will yield 3.2%

The independently owned and operated cafeteria inside the local hospital uses inputs such as
money, groceries, and labor to transform food into hot meals. In this scenario, which of the following
is a transformation process?

Answers

Answer: The transformation process in this scenario involves using inputs such as money, food, and labor to turn the food into hot meals.

Explanation: In this scenario, an independent cafeteria operated out of a local hospital takes money, food, and labor and turns them into hot meals. This transformational process is an important part of cafeteria operations as it creates meals that can be served to hospital staff, patients, and visitors. By taking these inputs and turning them into an end product (hot meals), the cafeteria demonstrates the basic principles of the transformation process. Therefore, in this scenario, the transformation process refers to the process of converting the inputs (money, food, and labor) into a finished product (hot food).

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if policymakers impose import restrictions on clothing, the u.s. trade deficit will shrink. a. true b. false

Answers

True. When restrictions are imposed, the quantity of imports will decrease, resulting in a smaller trade deficit (the sum of the total value of imports and exports).

What is it called when import restrictions are imposed?

A tariff is a tax a nation imposes on goods and services imported from another nation in order to influence that nation, generate revenue, or safeguard its competitive advantages.

How do trade restrictions affect things?

Free trade can be hindered, rich nations favored, product choices restricted, prices increased, net income decreased, employment decreased, and economic output decreased as a result of trade barriers. Due to the government's strong influence over the law, it is often used as a trade barrier.

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What is one benefit of purchasing saving bonds saving bonds are purchased from the government and guaranteed to increase in value?

Answers

you can postpone paying federal taxes on the interest until you redeem the bond or it matures. savings bonds are utilized for qualified educational expenses, tax benefits are accessible to eligible taxpayers.

The amount of interest that is due each period and is expressed as a percentage of the amount lent, deposited, or borrowed is known as the interest rate. The total amount of interest charged on a sum lent or borrowed depends on the principal amount, interest rate, frequency of compounding, and length of the loan, deposit, or borrowing. The interest rate that is determined over a year is the annual interest rate. According to one definition, the interest rate "measures the preference for a dollar of present income over a dollar of future revenue." The loan recipient is ready to repay the debt.

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What happens when there is rapid economic growth?

Answers

Prices will rise swiftly and costs will increase if the economy expands more quickly than it can support. This occurs when demand exceeds what stores and companies can produce. Gross domestic product serves as a benchmark for measuring economic growth (GDP).

What does economic growth mean?

Economic growth is the rise or improvement in the market value of the commodities and services generated by an economy within a fiscal year, adjusted for inflation. Economic growth is a rise in the production of economic goods and services, compared from one period of time to another. Statisticians typically calculate such growth as the percent rate of increase in the real gross domestic product, or real GDP

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Machine has three speed settings, low medium fast the low setting produces 110 units with a 90% quality rating the medium setting produces 120 units with an 80% quality rating in the fast setting produces 140 units with a 70% quality rating if each unit sells for $20 what shutting makes the company the most money in sales win percentage not meeting quality standards cannot be sold

Answers

The low setting makes the company the most money in sales, with a total revenue of $1980

To determine which setting makes the company the most money, we need to calculate the total revenue generated by each setting while taking into account the quality rating. For the low setting, the company produces 110 units with a 90% quality rating, which means that 10% of the units are not sellable. So, the total number of sellable units is 110 x 0.9 = 99 units. The revenue generated from selling these units is 99 x $20 = $1980. For the medium setting, the company produces 120 units with an 80% quality rating, which means that 20% of the units are not sellable. So, the total number of sellable units is 120 x 0.8 = 96 units. The revenue generated from selling these units is 96 x $20 = $1920.

For the fast setting, the company produces 140 units with a 70% quality rating, which means that 30% of the units are not sellable. So, the total number of sellable units is 140 x 0.7 = 98 units. The revenue generated from selling these units is 98 x $20 = $1960.

Therefore, the low setting makes the company the most money in sales, with a total revenue of $1980

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Why is it common for producers of services to sell through short distribution channels directly to the end user

Answers

Answer: “The people providing the service often fo so by interacting directly with the user”

Explanation: just took the quiz

Answer: B. The people providing the service often fo so by interacting directly with the user

Explanation: I just took the quiz and the answer was correct

Jones Company's inventory cost is $100. The expected sales price is $110, estimated selling costs are $12. Consistent with the lower of cost and net realizable value approach, this inventory item should be valued at:__________
a) $110.
b) $88.
c) $98.
d) $100

Answers

Answer:

I think A but ion kno thats prolly wrong-

Explanation:

when we ask your most recent manager, how often will they say that you were able to persuade customers to do something they were reluctant to do?

Answers

When you ask my most recent manager how often they will say that you were able to persuade customers to do something they were reluctant -somewhat more often than others.

This is one of the usually asked question in an interview during the interview process. By this question the interviewer wants to see persuasion skills and how they are used.

Here you need to select a time when you have influenced people for a decision and the decision was right. And should keep in mind that you are flexible too in considering the views of other. Avoid anytime you are unsuccessful in influencing other.

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Explain how long-term profitability affects pricing.

Answers

Answer:

A price increase

Deals and promotions

Poor customer experiences

Innovation that delivers value

Explanation:

Communication training may encompass train-the-trainer initiatives. 01) True 2) False )

Answers

The statement' communication training may encompass train-the-trainer initiatives' is true.

In the field of business where communication is required, the people who are trained need to enhance their skills with time, based on the new clients or deals that are being made.

Hence, in communication training, the trainer might need to be trained in order to make a new style or strategy for new deals or clients. This, in communication training, the train-the-trainer initiatives can be observed as there are no higher levels any every worker needs training for the next level.

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If the Retained Earnings balance at the end of year three is $1,000, what was the total amount of dividends paid over these three years

Answers

Based on these scenarios, the total amount of dividends paid over the three years could be between $4,000 and $14,000. The exact amount will depend on the actual net income for each year.

The Retained Earnings balance at the end of year three is $1,000. We need to find out the total amount of dividends paid over these three years. In order to find the total amount of dividends paid over these three years, we will use the formula: Dividends Paid = Net Income - Retained Earnings

Since Retained Earnings at the end of year three is $1,000, we know that this amount comes from net income minus dividends paid over the three years.

Therefore, Dividends Paid = Net Income - Retained Earnings= Net Income - $1,000

Since we do not have any information about net income, we cannot calculate the exact amount of dividends paid. However, we can provide a possible range of values for dividends paid based on different net income scenarios.

Let's assume that the net income over the three years was $5,000, $10,000, and $15,000 respectively.

Then, using the formula above, we get:

Dividends Paid = Net Income - $1,000= $5,000 - $1,000 = $4,000 (minimum possible dividends paid)= $10,000 - $1,000 = $9,000 (medium range of dividends paid)= $15,000 - $1,000 = $14,000 (maximum possible dividends paid)

Based on these assumptions, the total amount of dividends paid over the next three years might range between $4,000 and $14,000. The precise amount will be determined by the actual net income for each year.

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I am MrBeast and if you can guess what number I am thinking of between 1 and 100 I will give $10,000. Comment or answer.

Answers

Answer:

58

ohhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

it's fake

This is fake!!! It's not even the real MrBeast!!

what are three typical types of organizational structures found in most corporations? explain the difference between them. (2 points)

Answers

The organizational structures utilized by the majority of businesses today can be categorized into three types: functional, departmental, and matrix. Before choosing which of these forms to use for their firm, owners must weigh the benefits and drawbacks of each.

What three different organizational structures are there?

Organizational Structure Types

Functional Organization. According to this organizational structure, workers are assigned to the same departments depending on how similar their skill sets, responsibilities, and duties are. ...

Hybrid structure

divisional structure

matrix structure

A functional structure groups workers according to expertise, for as placing all accountants in the revenue or accounting department. Similar to having a marketing division for each distinct product, a divisional structure groups them across product or service lines.

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assume+a+bank+offers+an+effective+annual+rate+of+7.26%.+if+compounding+is+monthly+what+is+the+apr?

Answers

The APR (Annual Percentage Rate) can be calculated based on the given effective annual rate of 7.26% with monthly compounding. The APR is approximately 6.98%.

The APR represents the annualized interest rate charged by a financial institution. It is used to compare different loan or investment options. In this case, we are given the effective annual rate of 7.26%, which takes into account the compounding frequency of monthly. To calculate the APR, we need to find the nominal interest rate that would result in the same effective annual rate when compounded monthly. We can use the following formula APR = (1 + i)^n - 1 Where i is the nominal interest rate and n is the number of compounding periods in a year. By substituting the values into the formula, we can solve for i: (1 + i)^12 - 1 = 0.0726 Simplifying the equation: (1 + i)^12 = 1.0726 Taking the twelfth root of both sides: 1 + i = (1.0726)^(1/12) 1 + i = 1.005992 Subtracting 1 from both sides: i = 0.005992 Converting the decimal to a percentage, the APR is approximately 0.5992%, which is rounded to 6.98%.

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Question 1
A farmer has a 320 acre farm on which she plants two crops: corn and soybeans. For each acre of corn planted, her expenses are \( \$ 50 \) and for each acre of soybeans planted, her expenses are \( \$

Answers

The farmer's total expenses for planting corn on her 320-acre farm would be $16,000, and her total expenses for planting soybeans would be $48,000.

based on the given information, the farmer has a 320-acre farm on which she plants two crops: corn and soybeans. her expenses for each acre of corn planted are $50, and her expenses for each acre of soybeans planted are $150.

to calculate the total expenses for each crop, we can multiply the number of acres planted by the corresponding expense per acre.

total expenses for corn:

320 acres x $50/acre = $16,000

total expense for soybeans:

320 acres x $150/acre = $48,000 it's important to note that these calculations only consider the direct expenses associated with planting each crop per acre. other factors such as labor costs, equipment costs, and variable input costs may also need to be taken into account for a comprehensive analysis of the farmer's expenses and profitability.

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For this assignment, you will create a multimedia presentation on Marketing, Sales, and Service tasks and work environments to demonstrate understanding of these careers.

Answers

Marketing is process of identifying, anticipating, and satisfying customer needs and wants through the creation, promotion, and distribution of the products or services.

What is distribution?

In statistics, a distribution refers to the way in which a set of data is spread out or organized. It provides information about the possible values of a variable and how frequently those values occur. A distribution can be represented graphically using various types of charts such as histograms, box plots, and density plots. Common characteristics of a distribution include its central tendency (e.g., mean, median, mode), its spread or variability (e.g., range, standard deviation), and its shape (e.g., skewed, symmetrical). Understanding the distribution of a dataset is important in many fields, including finance, economics, and science, as it can provide insights into the underlying patterns and relationships in the data.

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5a) Change
the given angle
into
degress-
i) 10ʻl6' 15"​

Answers

Given :

An angle 10 16' 15".

To Find :

The given angle into degrees.

Solution :

We know, 1° = 60' and 1' = 60".

Now,

\(15" = (15\times \dfrac{1}{60})^{'}\\\\15"= \dfrac{1}{4}^{'}=0.25^{'}\)

Now,  total minutes are :

(16 + 0.25)' = 16.25'

Converting 16.25' to degrees.

\(16.25^{'} = 16.25\times \dfrac{1}{60} ^o\\\\16.25^{'} = 0.271^o\)

Therefore, angle in degree is ( 10+0.271 )° = 10.271° .

why do middle adults commonly experience financial concerat present, the average life expectancy is years, while the maximum life expectancy is estimated at years.ns?

Answers

While planning for retirement, they still need to take care of their daily financial obligations. Between the ages of 19 and 60, the mean pulse rate is 70 beats per minute.

Which factors contribute to a shorter life expectancy?

Gender, genetics, access to healthcare, hygiene, diet and nutrition, exercise, lifestyle, and crime rates are all important variables that affect life expectancy. Evidence-based research shows that genetics and lifestyle choices are the two main determinants of longevity.

Why does diabetes mellitus prevalence rise with age?

Due to the effects of aging-related pancreatic islet dysfunction and increased insulin resistance, older adults are at a high risk of developing type 2 diabetes.

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Other Questions
when creating a project culture, the project manager has the opportunity to create a project culture. check all that apply to project culture. group of answer choices project culture represents the shared norms, beliefs, values, and assumptions of the project team project culture develops during project start up project culture is tied to the project whereas organizational culture applies to the entire organization is is developed over time. project culture requires communication of project priorities, project status, and alignment of official and operational rules. true or false? one of the easiest ways to determine appropriate cardiorespiratory endurance exercise intensity involves measuring when you build an android app, you can use an android emulator to test your app ui and its work flow. however, you can not test this app on a real android device before publishing your app on the play store.a. true b. false If F1 =(3,0), F2 =(3,0) and P is any point on the curve 16x^2 + 25y^2 = 400, then PF1 + PF2 equals to:861012 Many high-end earners such as athletes, entertainers and surgeons have a maximum federal tax rate of up to 38.5% with the Medicare surtax, while entrepreneurs and business executives can often structure their compensation to get capital gains treatment and pay a maximum tax rate less than 2/3rds of that at 23.8%. Discuss the equity, risks and opportunities involved in tax planning executive compensation using some the the laws and tools you learned in chapters 5 & 6. Once again label and citations you use and clearly state opinions as such. fill in the blanks i need help The volume of a storage unit needs to be 400 cubic feet with a width of 10ft and a lengths of 8ft. What does the height of the unit needs to be? which of the following is not considered a misrepresentation as it pertains to unfair trade practices? which of the following tasks are part of configuring the user environment after you successfully install a windows system? (select two.) What secret fear does Bradbury convey in Fahrenheit 451? FILL IN THE BLANK. The population parameters that describe the y-intercept and slope of the line relating y and x, respectively, are _____. Group of answer choices B0 and B1 y and x a and b a and B For individuals who are not part of the majority culture, integrating an aspect of into their overall sense of personal identity is often an important task of late adolescence.ethnicidentityboth of all Henry is willing to pay 45 cents, and Janine is willing to pay 55 cents, for 1 pound of bananas. When the price of bananas falls from 50 cents a pound to 46 cents a pound, Henry experiences an increase in consumer surplus, but Janine does not.Janine experiences an increase in consumer surplus, but Henry does not.both Janine and Henry experience an increase in consumer surplus neitherJanine nor Henry experiences an increase in consumer surplus. The data below represent a demand schedule. Product Price Quantity Demanded$30 1025 2020 3015 4010 50Using the midpoint approach, determine the price elasticity of demand between each of the following prices:Instructions: Round your answers to two decimal places. Enter your answers as a positive value (absolute value). a. Between P1 = $30 and P2 = $25, Ed= b. Between P1 = $25 and P2 = $20, Ed=c. Between P1 = $20 and P2 = $15, Ed= d. Between P1 = $15 and P2 = $10, Ed= | Complete the sentences by dragging the correct organs or structures to the appropriate blanks. Answers may be used more than once. Not all answers will be used. Used bile salts are absorbed in the ____. This organ recycles the bile salts to used bile salts enter the make new II present in chyme, it can interfere with the recycling of used blle salts. As a result, the used bile salts are in _____ When there is a lack of recycled blle salts, the from the bloodstream to make new ___ uses -3+b> 7 OR b +9 to conduct a hypothesis test comparing variances of independent samples from two populations, the test statistic will have FILL IN THE BLANK the western media relates islamic fundamentalists with blank ________ , rather than with deeply held religious values. question if all other factors are held constant, which of the following results in an increase in the probability of a type ii error? responses the true parameter is farther from the value of the null hypothesis. the true parameter is farther from the value of the null hypothesis. the sample size is increased. the sample size is increased. the significance level is decreased. the significance level is decreased. the standard error is decreased. the standard error is decreased. the probability of a type ii error cannot be increased, only decreased. The following items appear on the balance sheet of a company with a two-month operating cycle. Identify the proper classification of each item as follows: Cif it is a current liability, Lif it is a long-term liability or Nif it is not a liability.1. Sales taxes payable.2. Notes payable (due in 6 to 12 months).3. FUTA taxes payable.4. Notes payable (due in 120 days).5. Accounts receivable.6. Current portion of long-term debt.7. Accrued payroll payable.8. Notes payable (mature in five years).9. Wages payable.10. Notes payable (due in 13 to 24 months)