This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If 2015 is the base year and the inflation rate between 2015 and 2016 is 6.4%, the price index in 2016 is (Read 60 times)

Frost2351

  • Hero Member
  • *****
  • Posts: 557
on: Apr 19, 2019

Question 1

If the price index in period 2 is 109 and the price index in period 3 is 125, the rate of inflation between period 2 and period 3 is


◦ 16.0%.
◦ 14.7%.
◦ 9.0%.
◦ 8.7%.

Question 2

If 2015 is the base year and the inflation rate between 2015 and 2016 is 6.4%, the price index in 2016 is


◦ 106.4.
◦ 64.0.
◦ 16.4.
◦ cannot be determined from this information because the index in the base year is not given.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Frost2351 on Apr 19, 2019

carolinefletcherr

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


Frost2351

  • Member
  • Posts: 557
Reply 2 on: Apr 19, 2019
:D TYSM

kswal303

  • Member
  • Posts: 316
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Rate enhancement by entropy reduction Rate enhancement by entropy reduction
Acid Base Mnemonic Acid Base Mnemonic
Respiratory Rate Ranges of Various Age Groups Respiratory Rate Ranges of Various Age Groups
Acid–Base Balance Acid–Base Balance
The 1980 Mount Saint Helens eruption obliterated the community at the base of this Cascade volcano. The 1980 Mount Saint Helens eruption obliterated the community at the base of this Cascade volcano.
Walking into new year kids drawing Walking into new year kids drawing
Video: Phases of mitosis

For a complete list of videos, visit our video library