Correct Inflation rate is 30.95% not .3095 .
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Incorrect Question 9 0/0.15 pts The following two tab represent the price and qi tity of...
The following two tables represent the price and quantity of the goods produced within an economy in 2015 & 2016. What is the inflation rate between 2015 & 2016? Prices Quantities 2015 2016 2015 2016 Soda $2 $2 36 40 Burgers $8 $12 8 10 French Fries $2 $1 16 20
The following two tables represent the price and quantity of the goods produced within an economy in 2015 & 2016. What is the inflation rate between 2015 & 2016? Prices Quantities 2015 2016 2015 2016 Soda $2 $2 36 40 Burgers $8 $12 8 10 French Fries $2 $1 16 20
The following two tables represent the price and quantity of the goods produced within an economy in 2015 & 2016. Calculate the expenditure weights for each good using 2015 as the base year. What weight should be placed on soda in the aggregate expenditure index? (round to two decimal places) Prices Quantities 2015 2016 2015 2016 Soda $2 $2 36 40 Burgers $8 $12 8 10 French Fries $2 $1 16 20
Suppose that you invest $1,000,000 into a stock with an expected return of 8% per year. What is the expected number of years for the investment to grow to $4,000,000? 27 years 9 years 24 years 18 years The following two tables represent the price and quantity of the goods produced within an economy in 2015 & 2016. Calculate the price index for each good using 2015 as the base year. What is the value of the price index for...
What is the inflation rate between 2015 & 2016? Prices Quantities 2015 2016 2015 2016 Soda $2 $2 36 40 Burgers $8 $12 8 10 French Fries $2 $1 16 20
1.67 pts The information in the table identifies the quantities of three goods produced in a simple economy in 2018 and 2019, and the prices that the goods sold for in each of the two years. The base year is 2018 tem Quantity Price Price Quantity 2019 2018 2018 2019 12 $10 $11.79 14 Movie hickets 2 $3 $3.81 16 Bags of popcorn 16 $1 $163 Drinks of soda Based on the GDP deflator method, what was the rate of...
Question 9 1 pts Consider the following table: The economy in the base year 2018 produced: Item Coffee Pizza Beer Quantity 20 cups 22 pizzas 40 litres Price $3 per cup $10 per pizza $3 per litre In 2019 the same economy produced: Item Quantity Coffee 24 cups Pizza 25 pizzas Beer 42 litres Price $2 per cup $9 per pizza $3.50 per litre Which of the following is the rate of consumer price inflation and real GDP growth between...
0/1 pts Question 1 Incorrect Suppose that two economies, Eugene and Portland, may engage in trade. Each economy produces two goods, Beer and Coffee. All resources are identical (so each economy will have a straight-line PPF). Eugene may use its resources to produce up to 12 Beer or 8 Coffee. Portland may use its resources to produce up to 400 Beer or 300 Coffee. Which good should each economy specialize in? There is no reason for either economy to specialize...
Incorrect Question 16 0/8 pts Use the figure below to answer the following: c. What is the magnitude of the force of a-2 mC charge at point P? 'Hint: use your answer for the electric field to solve. Answer in N. P 5 cm +40 nc 3 cm -20 nC 200,000
question 1: nominal GDP for 2016 question 2: real gdp for 2015 question 3: GDP deflator for 2014 question 4: calculate cost/price of the market basket for 2015 question 5: calculate CPI for 2016 question 6: use CPI to calculate the inflation rate from 2014 to 2015 question 7: which person makes more in inflation-adjusted terms or (real) terms? would it change if nick made 82k a year instead? question 8: best too look at pic. Note: please show work...