What's the base year of the CCI.Does there appear to be any relationship between the CCI - 12815

Solution Detail
Price: $3.00
  • From: Business,
  • Posted on: Sat 21 Jul, 2012
  • Request id: None
  • Purchased: 0 time(s)
  • Average Rating: No rating
Request Description

There's one more index that is of some interest and it's known as Consumer Confidence Index (CCI). This index was started in 1967 and it's a measure of consumer's optimism about the state of the economy. You will be able to know more about it in your textbook (page-139). The University of Michigan's Consumer Sentiment Index is also very influential. Please read page 139 of your textbook (Quantitative Reasoning) and answer the following question:

 

1. What's the base year of the CCI?

2. Does there appear to be any relationship between the CCI and the CPI?

 

This is due Sunday. It only has to be 100-200 words. Reference would be nice if you can give one.

 

 

 

Solution Description

There's one more index that is of some interest and it's known as Consumer Confidence Index (CCI). This index was started in 1967 and it's a measure of consumer's optimism about the state of the economy. You will be able to know more about it in your textbook (page-139). The University of Michigan's Consumer Sentiment Index is also very influential. Please read page 139 of your textbook (Quantitative Reasoning) and answer the following question: