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- Pls select correct option : In the most recent inflation report, the core rate of inflation was higher than the headline rate. 1.True 2.Falsemultiple choice questionsIf the expected inflation rate is 5% and negotiations agree that the real wages should be rise by 7%, the two sides will agree to an increase in the money wage of: a) 2%b)5%c)7% d)12%SA inflation eases slightly in January Inflation eased to 5.7% in January, down from 5.9% the month prior — which was a hair’s breadth away from the ceiling of the South African Reserve Bank’s target range of 3% to 6%, it was announced on Wednesday. According to Statistics South Africa, the main contributors to the 5.7% annual inflation rate were food and non-alcoholic beverages, housing and utilities, transport and miscellaneous goods and services. The 5.9% annual increase in December was the highest since March 2017, when the rate was 6.1%. The January slowdown in inflation was helped by lower fuel prices. South Africa’s inflation numbers come as advanced economies post record figures, which have served as further proof that elevated prices are a stubborn feature of the recovery from the Covid-induced economic slump… Elevated inflation, which central banks have said will be transitory, is the result of Covid-related supply bottlenecks. Which of the following presents the view of…
- Automobile insurance policies (contracts) typically are issued every 6 months. Consider an actual case during the tail part of 2018 where a policy was worth approximately $649. In March of 2019 the issued policy is projected to be approximately $700. Note that these costs are somewhat high. What is the rate of inflation in these policies over this time period? 2. Los Angeles, CA and Atlanta, GA (ATL baby!!!) are two of the most well-known cities in the U.S. These cities are also very large (with LA being the larger of the two). Given that the number of people in the labor force was 6,827,958 (LA) and 3,097,603 (ATL), and the number of people out of work for Atlanta was 110, 713 and for LA was 285,764, what was the rates of unemployment for these two cities for December 2018? 3. Here are some data for numbers of people in the labor force for some cities in the U.S.: Columbia, SC (400,750); Jacksonville, FL (775,809); Charlotte, NC (1,343,634), and Charleston, SC (379,429). What…If VIF- variance inflation factor is 1.25 what does it suggest when price is a function of income Is multicollinearity an issue here?What are two possible negative outcomes of the increased inflation to 7.3% currently in Australia? don't provide plagiarism a
- (1-3) Spartanville is a small country off the coast of Western Canada that relies heavily on the extraction of artisia, a cheap metal that is an input to production for many Spartanville products. This year, Spartanville has seen extended blizzard conditions followed by heavy flooding when the snow melted; making artisia nearly impossible to mine. +Assume that the initial level of spending growth is 8%. +Also assume that prior to the blizzards, Spartanville was at an equilibrium inflation rate of 4%. 1. What is the long run economic growth rate before the blizzards occurred? 2. In the New Keynesian model, what is the general effect on inflation, short run, and long run economic growth in this problem? Draw a (legible) diagram to show what happens if the Fed does not respond to the shock. 3. Assume the long run rate of growth fell to -1%. What is the new inflation rate if there is no change in velocity and no action by the Fed?Cost-push inflation occurs: O a. when there are increases in production costs. O b. when "too much money is chasing too few goods." O c. at or close to full employment. O d. because of excess total spending. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.25 If the price index in Year 1 is 115 and the price index in Year 2 is 120, the rate of inflation between Year 1 and Year 2 is: Group of answer choices 10.7%. 4.3%. 1.2%. 15%.
- Over the last 10 years, the average rate of inflation has been 1.51%. What is thepurchasing power of a dollar today in terms of what a dollar could purchase in 2012?make a table of values that shows the percentages decreases in buying power for inflation rate in whole numbers from 1% theough 10%The real risk-free rate is 4%. Inflation is expected to be 3% this year, 4% next year, and then 3% thereafter. The maturity risk premium is estimated to be 0.0003 x (t - 1), where t = number of years to maturity. What is the nominal interest rate on a 7-year Treasury security? Do not round intermediate calculations. Round your answer to two decimal places.