Here are values of the CPI (multiplied by 100) for each year from 2000 to 2010. For each year beginning with 2001, calculate the rate of inflation from the previous year. Year CPI Inflation Rate (%) 2000 133.7 2001 139.2 2002 143.3 2003 147.5 2004 151.2 2005 155.4 2006 159.9 2007 163.5 2008 166 2009 169.6 2010 175.2
Here are values of the CPI (multiplied by 100) for each year from 2000 to 2010. For each year beginning with 2001, calculate the rate of inflation from the previous year. Year CPI Inflation Rate (%) 2000 133.7 2001 139.2 2002 143.3 2003 147.5 2004 151.2 2005 155.4 2006 159.9 2007 163.5 2008 166 2009 169.6 2010 175.2
Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter8: Economic Fluctuations, Unemployment, And Inflation
Section: Chapter Questions
Problem 12CQ
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Here are values of the CPI (multiplied by 100) for each year from 2000 to 2010. For each year beginning with 2001, calculate the rate of inflation from the previous year.
Year | CPI | Inflation Rate (%) |
2000 | 133.7 | |
2001 | 139.2 | |
2002 | 143.3 | |
2003 | 147.5 | |
2004 | 151.2 | |
2005 | 155.4 | |
2006 | 159.9 | |
2007 | 163.5 | |
2008 | 166 | |
2009 | 169.6 | |
2010 | 175.2 |
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