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Author Question: If the price index in period 2 is 105 and the price index in period 3 is 122, the rate of inflation ... (Read 160 times)

jayhills49

  • Hero Member
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  • Posts: 559
on: Apr 19, 2019

Question 1

If 2015 is the base year, the bundle price of goods in 2015 is $750, and the bundle price of goods in 2016 is $1,000, the 2016 price index is


◦ 75.
◦ 125.
◦ 133.3.
◦ 166.7.

Question 2

If the price index in period 2 is 105 and the price index in period 3 is 122, the rate of inflation between period 2 and period 3 is


◦ 11.6%.
◦ 12.9%.
◦ 16.2%.
◦ 17.0%.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by jayhills49 on Apr 19, 2019

jesse.fleming

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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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jayhills49

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  • Posts: 559
Reply 2 on: Apr 19, 2019
:D TYSM

Joy Chen

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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