Exer 9A. In 2010, NEDA decided to add Service F in the basket of products for CPI computation Assume that % of Expense remains the same for 10 yrs. Weighted Consumer Expense Goods/ % of Mo. Exp. Base Year Base Year Current Prices 2011 2020 Current Prices 2011 2020 Service of Household 2010 2010 A 0.30 1400 1500 2000 B 0.30 1800 1900 2400 с 0.20 2200 2300 2700 D 0.10 180 180 180 0.05 280 290 300 0.05 400 410 440 1.00 6260.00 CP(Wtd.Consumer Price) 1452.00 n(No. of yrs) CPI (CPn/CPO) fainf-(CPn/CPO)1/-1 To Check:100*(1+f)^n 100.0 E F 105.6 131.9 Exer 98. Computing Real Prices using f Ave.annual fon yr.n, fn 0.056 Goods/ Service Base Year Current Prices 2010 2011 Real Prices(using same fn) 2011 2020 A B с D 1452.00 1452.00 1 200 100 E F G H 210 105 2020 Total n= 250 120 0.028 1452.00 10 Exer 9C. Given the ff. info, fill out the yellow cells. Ave annual inflation rate from 2010 to 2019 PHL population as of 2020 Exports of goods and services Government final consumption expenditure Gross capital formation Household final consumption expenditure Imports of goods and services Net primary income from the rest of the world Gross Domestic Product Gross National Income Per Capita GNI GNI (Real prices, 2010) Expense in PM 0.03 110,000,000 4518390 2740783 3118277 13478489 5917357 1381265
Exer 9A. In 2010, NEDA decided to add Service F in the basket of products for CPI computation Assume that % of Expense remains the same for 10 yrs. Weighted Consumer Expense Goods/ % of Mo. Exp. Base Year Base Year Current Prices 2011 2020 Current Prices 2011 2020 Service of Household 2010 2010 A 0.30 1400 1500 2000 B 0.30 1800 1900 2400 с 0.20 2200 2300 2700 D 0.10 180 180 180 0.05 280 290 300 0.05 400 410 440 1.00 6260.00 CP(Wtd.Consumer Price) 1452.00 n(No. of yrs) CPI (CPn/CPO) fainf-(CPn/CPO)1/-1 To Check:100*(1+f)^n 100.0 E F 105.6 131.9 Exer 98. Computing Real Prices using f Ave.annual fon yr.n, fn 0.056 Goods/ Service Base Year Current Prices 2010 2011 Real Prices(using same fn) 2011 2020 A B с D 1452.00 1452.00 1 200 100 E F G H 210 105 2020 Total n= 250 120 0.028 1452.00 10 Exer 9C. Given the ff. info, fill out the yellow cells. Ave annual inflation rate from 2010 to 2019 PHL population as of 2020 Exports of goods and services Government final consumption expenditure Gross capital formation Household final consumption expenditure Imports of goods and services Net primary income from the rest of the world Gross Domestic Product Gross National Income Per Capita GNI GNI (Real prices, 2010) Expense in PM 0.03 110,000,000 4518390 2740783 3118277 13478489 5917357 1381265
Macroeconomics: Principles and Policy (MindTap Course List)
13th Edition
ISBN:9781305280601
Author:William J. Baumol, Alan S. Blinder
Publisher:William J. Baumol, Alan S. Blinder
Chapter6: How Statisticians Measure Inflation
Section6.A: How Statisticians Measure Inflation
Problem 5TY
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Question
Fill in the missing cells. Kindly show complete solution.
Transcribed Image Text:Exer 9A. In 2010, NEDA decided to add Service F in the basket of products for CPI computation
Assume that % of Expense remains the same for 10 yrs.
Weighted Consumer Expense.
Goods/ % of Mo. Exp.
Base Year
Base Year
Current Prices
2020
Current Prices
2011
2020
Service
of Household
2010
2010
A
0.30
1400
1500
2000
B
0.30
1800
1900
2400
с
0.20
2200
2300
2700
D
0.10
180
180
180
E
0.05
280
290
300
F
0.05
400
410
440
1.00 6260.00 CP(Wtd.Consumer Price) 1452.00
n(No. of yrs)
CPI-(CPn/CPO)
f-inf (CPn/CPO)1/-1
To Check:100*(1+)^n
100.0
2011
105.6
131.9
Exer 9B. Computing Real Prices using f Ave.annual fon yr.n, fn
0.056
0.028
Goods/
Service
Base Year Current Prices
2010 2011
Real Prices(using same fn)
2011
2020
A
B
с
D
1452.00
1452.00
1
200
100
E
F
G
H
210
105
2020
Total=
n=
250
120
1452.00
10
Exer 9C. Given the ff. info, fill out the yellow cells.
Ave annual inflation rate from 2010 to 2019
PHL population as of 2020
Exports of goods and services
Government final consumption expenditure
Gross capital formation
Household final consumption expenditure
Imports of goods and services
Net primary income from the rest of the world
Gross Domestic Product
Gross National Income
Per Capita GNI
GNI (Real prices, 2010)
Expense in PM
0.03
110,000,000
4518390
2740783
3118277
13478489
5917357
1381265
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