Tuesday
September 30, 2014

Homework Help: Economics - (*CPI*)

Posted by CrankSt4r on Monday, March 3, 2008 at 5:53pm.

In Brazil, the reference base period for the CPI is December 1993. In September 2000, prices had risen by 1,565.93 percent since the base period. The inflation rate in Brazil during the year ending September 2001 was 6.46 percent, and during the year ending September 2002, the inflation rate was 7.93 percent.
a) What is the CPI in Brazil for December 1993?
b) Calculate Brazil's CPI in September 2000, September 2001, and September 2002.
c) Is the price level in Brazil rising or falling?
d) Did Brazil's inflation rate increase or decrease in 2001 and in 2002?
e) Was the inflation rate in Brazil between 2000 and 2002 greater or less than the inflation rate in the United States?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Economics(Please respond, thank you) - The table below shows the market basket ...
Economics - Why is it that the people responsible for pensions use the CPI as an...
Math - A basket of goods and services representative of the CPI cost $2750 when ...
Economics (inflation) - Hello! Could someone please check my answers for the ...
Ecomonics(Urgent,please respond) - The table below shows the market basket ...
microeconomics - The Consumer Price Index (CPI) for the year 2012 is 2.412 and ...
economics - Suppose that the residents of Veggieland spend all of their income ...
macro economics - Suppose that the residents of Veggieland spend all of their ...
Economics - What is the percent of increase when CPI is 121 then the initial ...
macroeconomics - Suppose in 2009 the united states congress passes a minimum ...

Search
Members