Calculate inflation rate from 2015 to 2016 when the index number in 2015 is 183 and...
Homework Answers
Answer
Formula :
Inflation Rate = ((Price level in 2016 - Price level in 2015)/Price level in 2015)*100
Here Price level in 2016 is represented by Index(like Consumer Price Index) in 2016
=> Price level in 2016 = Index in 2016 = 198
Similarly, Price level in 2015 = Index in 2015 = 183
Hence Inflation rate from 2015 to 2016 = ((198 - 183) / 183)*100 = 8.196%
Hence Inflation rate from 2015 to 2016 = 8.196%
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Calculate inflation rate from 2015 to 2016 when the index number in 2015 is 183 and...
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From 1965 to 1995, does CPI in the US always increase over
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2009 and 2010 is -2%.
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Calculate the CPI in 2010.
Between 2009 and 2010, the nominal interest rate is 3%,
calculate the real interest rate.
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(a) What is the CPI in 2015, 2016, and 2017 if 2015 is the
base year?
(b) What is the (CPI) inflation 2015-2016 and 2016-2017?
(c) How does CPI differ in 2015 and 2016 if 2016 is the base
year?
(d) What effect does this have on your calculation of (CPI)
inflation between 2015-
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The following graph shows the inflation rate in the US between
1965 and 2015.
(a) From 1965 to 1995, does CPI in the US always increase over
time? Explain.
(b) Suppose 2009 is the base year, and the inflation rate
between 2009 and 2010 is -2%. (i) What is the CPI in 2009? (ii)
Calculate the CPI in 2010. (iii) Between 2009 and 2010, the nominal
interest rate is 3%, calculate the real interest rate.
(c) Between 1970 and 1985,...
The following graph shows the inflation rate in the US between
1965 and 2015
.
From 1965 to 1995, does CPI in the US always increase over
time? Explain.
Suppose 2009 is the base year, and the inflation rate between
2009 and 2010 is -2%.
What is the CPI in 2009?
Calculate the CPI in 2010.
Between 2009 and 2010, the nominal interest rate is 3%,
calculate the real interest rate.
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