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- What is the month-over-month rate of inflation in May? If applicable, April is the reference period, round to two decimal places, and omit dollar or percentage signs from your answer. Month QA PA QB PB Qc Pc April 4 $0.63 May 4 $0.58 June 4 $0.64 444 $0.55 10 $0.62 $0.74 10 $0.72 4 $0.67 10 $0.78pls ans as soon as possible The average rate of inflation since 1970 until 2018 is 3.87%. In 1970, a gallon of gas could be bought for $0.25. Today a gallon of gas can be bought for $2.21. Has the cost of gas risen faster or slower than the rate of inflation?No written by hand solution If the consumer price index was 100 in the base year and 103 in the following year, then the inflation rate was a. 3 percent b.1.03 percent c.-3 percent d. 0.3 percent
- The overall CPI in 2019 and 2020 are 120.2 and 123.3 respectively. What was the annual inflation rate from 2019-2020? a. 1.5% b. 2.6% c. 1.02% d. 2.0%Price per Unit in Units Purchased 2008 2009 2010 Good A 5 $1.00 $1.50 $1.50 Good B 10 S2.00 $2.50 $3.00 Good C $4.00 $4.50 $5.00 If 2009 is the base year, the inflation rate between 2009 and 2010 is Select one. Oa. 9.4% Ob. 12.2% O c. 7.0% 13,9%Price per Unit in Units Purchased 2008 5. Good A Good B 10 $2.50 $3.00 Good C 4 S4.50 $5.00 If 2009 is the base year, the inflation rate between 2009 and 20 Select one: Oa. 9.4% Ob. 12.29% 7.0% 13.9% 2. e to search
- Suppose the economy operates and is in equilibrium as below. INFLATION RATE (по INFLATION RATE an LRAS X ELATION ww The following graphs represent the shocks in the economy: Panel 1 Panel 3. LRAS ж 1ELRAS AD SRAS (En-10) SRAS (En-10%) RIAL GO GROWTH RATE AD M + V = 13x) REAL GDP GROWTH RATE SPAS E-100 NAP M - V = 13:1). KA INPLATION RATE Panel2 LRAS Ж Panel 4 SRAS (En-10%) AV-13 REAL GOT GROWTH RATEAn economist predicts that the annual inflation rate will be 6% for 4 years and 8% for the next 6 years. Accordingly, what is the average annual price change forecast for the ten-year period? Lütfen birini seçin: a.2.003392 b.2.041727 c.2.080069 d.1.859389 e.1.894637Question 8 Given the following numbers for this economy, what is the inflation rate between year 4 and year 5 as per the CPI method? Base year Year + 4 Year + 5 Basket Quantities Price Price Price Product A 220 250 290 Product B 70 75 85 Product C 20 15 15 14 Product D 20 30 31 33 Product E 100 5.2 5.3 A -4.34% В 18.44% C) 9.17% D none E 4.53%
- If the CPI in period 1 is 125 and the CPI in period 2 is 150, then the rate of inflationbetween period 1 and period 2 isA) 20%.B) 25%.C) 30%.D) 50%The table below belongs to an economy in which the typical consumer's basket consists of 5 books and 10 calculators. Year Price of aPrice of a Вook 2006$24 2007$30 2008$32 If 2007 is the base year, then calculate the inflation rate between 2007 and 2008 a.15.8% b.14.8% c. 10% d.8.9% Calculator $8 $12 $155. Assume that relative purchasing power holds and that the inflation rate between year 1 and year 2 is 4% in the U.S. and 2% in Europe. Fill in the remaining spaces in the table. Year 1 2 (1) PUS ($) 1.5 (2) Es/e 1.2 (3) PEur(e) 1.25 (4) PEUR($) (5) qUS/EUR