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Author Question: If the price index in 2015 is 115 and the price index in 2016 is 102, the rate of inflation between ... (Read 123 times)

leo leo

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on: Apr 19, 2019

Question 1

If 2015 is the base year and the inflation rate between 2015 and 2016 is -4.5, the price index in 2016 is


◦ 104.5.
◦ 95.5.
◦ -145.0.
◦ cannot be determined from this information because the base year is not known.

Question 2

If the price index in 2015 is 115 and the price index in 2016 is 102, the rate of inflation between 2015 and 2016 is


◦ 13.0%.
◦ 12.7%.
◦ -11.3%.
◦ -13.0%.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by leo leo on Apr 19, 2019

peter

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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.
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leo leo

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Reply #2 on: Apr 19, 2019
Thank you!


peter

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Reply #3 on: Apr 19, 2019
Always glad to help...


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