The Consumer Price Index for the different years are as follows. 2017 299,74 2018 330,75 2019 398,07 2020 446,45     Calculate Inflation rate for 2018, 2019, and 2020.  What kind of fiscal policy will you use to fight against inflation. Explain it briefly.

Survey Of Economics
10th Edition
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter13: Inflation
Section: Chapter Questions
Problem 8SQP
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.   The Consumer Price Index for the different years are as follows.

2017

299,74

2018

330,75

2019

398,07

2020

446,45

 

 

  1. Calculate Inflation rate for 2018, 2019, and 2020. 
  2. What kind of fiscal policy will you use to fight against inflation. Explain it briefly. 
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