Gmpurts cnter the calcula Week 3 Homework sPunauo:i spaubueon. X 13 newconnect.mheducation.com/flow/connect.html Saved 3 Homework G) The following table gives the the value of the consumer price index for 2007 through 2015. Consumer Price Index Percentage Increase Year 207.3 2007 215.3 2008 214.5 2009 218.1 2010 224.9 2011 2012 229.6 233.0 2013 236.7 2014 237.0 2015 Instructions: To answer the following questions, complete the percentage increase column in the rounded to two decimal places and include a negative sign ) where appropriate. a) What was the inflation rate in 2009? b) What was the percentage increase of the average price level from 2008 to 2015? 9% inflation was lowest in (Click to select) c) Inflation was highest in (Click to select) 10 of 15 Prev Ne e ere to search w SUS

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter6: Tracking The U.s. Economy
Section: Chapter Questions
Problem 4.8P
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Gmpurts cnter the calcula
Week 3 Homework
sPunauo:i spaubueon.
X
13
newconnect.mheducation.com/flow/connect.html
Saved
3 Homework G)
The following table gives the the value of the consumer price index for 2007 through 2015.
Consumer Price Index Percentage Increase
Year
207.3
2007
215.3
2008
214.5
2009
218.1
2010
224.9
2011
2012
229.6
233.0
2013
236.7
2014
237.0
2015
Instructions: To answer the following questions, complete the percentage increase column in the
rounded to two decimal places and include a negative sign ) where appropriate.
a) What was the inflation rate in 2009?
b) What was the percentage increase of the average price level from 2008 to 2015?
9%
inflation was lowest in (Click to select)
c) Inflation was highest in (Click to select)
10 of 15
Prev
Ne
e
ere to search
w
SUS
Transcribed Image Text:Gmpurts cnter the calcula Week 3 Homework sPunauo:i spaubueon. X 13 newconnect.mheducation.com/flow/connect.html Saved 3 Homework G) The following table gives the the value of the consumer price index for 2007 through 2015. Consumer Price Index Percentage Increase Year 207.3 2007 215.3 2008 214.5 2009 218.1 2010 224.9 2011 2012 229.6 233.0 2013 236.7 2014 237.0 2015 Instructions: To answer the following questions, complete the percentage increase column in the rounded to two decimal places and include a negative sign ) where appropriate. a) What was the inflation rate in 2009? b) What was the percentage increase of the average price level from 2008 to 2015? 9% inflation was lowest in (Click to select) c) Inflation was highest in (Click to select) 10 of 15 Prev Ne e ere to search w SUS
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