Measuring Inflation means to use the (CPI in Year 2-CPI in Year 1)/CPI Year 1 ) x 100 Therefore, if the C equals 75 in 2010 90 in 2011 100 in 2012 140 in 2013 150 in 2014 5. Which year above is the base year 6. What is the inflation rate from 2012 to 2013. 7. What is the inflation rate from 2013 to 2014 8. If the CPI in the base year is 3000, what is it in 2014 9. If the CPI in the base year is 3000 what is it in 2010 ? ?
Measuring Inflation means to use the (CPI in Year 2-CPI in Year 1)/CPI Year 1 ) x 100 Therefore, if the C equals 75 in 2010 90 in 2011 100 in 2012 140 in 2013 150 in 2014 5. Which year above is the base year 6. What is the inflation rate from 2012 to 2013. 7. What is the inflation rate from 2013 to 2014 8. If the CPI in the base year is 3000, what is it in 2014 9. If the CPI in the base year is 3000 what is it in 2010 ? ?
Chapter7: Unemployment And Inflation
Section: Chapter Questions
Problem 3.7P
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