The Table Below Shows the Sales for a Plastics Manufacturer

question 27

Multiple Choice

The table below shows the sales for a plastics manufacturer recorded over the past year. The
Seasonal indexes for each quarter are also provided. To track the trend for these four quarters, use
The indexes to deseasonalize the sales data.
What are deseasonalized sales for quarter 1?

• A) 553.5
• B) 984.0
• C) 1291.5
• D) 184.5
• E) 922.5

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Definitions:

Money Supply Growth Rate

The rate at which the total amount of money in circulation or in existence in a country grows.

Short-Run Phillips Curve

A graphical representation showing the inverse relationship between inflation and unemployment rates in the short term.

Shift Right

In economics, this refers to an increase in supply or demand in a market model, leading to a new equilibrium.

U.S. Net Exports

The difference between the value of goods and services the United States exports to other countries and the value of goods and services it imports from other countries.