Saturday
November 29, 2014

Homework Help: economics

Posted by Megan on Monday, July 10, 2006 at 12:11pm.

Suppose that the CPI in year five equals 123 and in year 6 equals 130. What was the inflation rate in year 6?
Thank you,
Megan


130/123 = 1.057 Ergo, 5.7%

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Math/Finance - Due to a recession, expected inflation this year is only 2%. ...
Managerial Finance - Due to a recession, expected inflation this year is only 2...
Economics(Please respond, thank you) - The table below shows the market basket ...
Pre-Algebra - If negative 20 equals 168, negative 15 equals 153, negative 10 ...
Pre-Algebra - If negative 20 equals 168, negative 15 equals 153, negative 10 ...
macroeconomics - Suppose in 2009 the united states congress passes a minimum ...
Economics - (*CPI*) - In Brazil, the reference base period for the CPI is ...
Ecomonics(Urgent,please respond) - The table below shows the market basket ...
Economics - Suppose that the residents of Vegopia spend all of their income on ...
economics - Jerry will receive the following payments: 946 in year 3, 929 in ...

Search
Members