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 85 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

matt95

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Therapeutic index: (a) drug X has a therapeutic index of 4; (b) drug Z has a therapeutic index of 2 Therapeutic index: (a) drug X has a therapeutic index of 4; (b) drug Z has a therapeutic index of 2
Spring force, crankcase pressure, and intake manifold vacuum work together to regulate the flow rate ... Spring force, crankcase pressure, and intake manifold vacuum work together to regulate the flow rate ...
Apply direct thumb pressure into points along the upper trapezius from base of neck to shoulder. ... Apply direct thumb pressure into points along the upper trapezius from base of neck to shoulder. ...
Population growth and growth rate, 1950 - 2100 Population growth and growth rate, 1950 - 2100
Acid–Base Balance Acid–Base Balance
Video: Acids and bases - definition

For a complete list of videos, visit our video library