Saturday
April 19, 2014

Homework Help: Macro economics

Posted by Anonymous on Wednesday, July 18, 2012 at 11:03am.

Suppose that the residents of Veggieland spend all of their income on cauliflower, broccoli, and carrots. In 1998 they buy 100 heads of cauliflower for $200, 50 bunches of broccoli for $75, and 500 carrots for $50. In 1999 they buy 75 heads of cauliflower for $225, 80 bunches of broccoli for $120, and 500 carrots for $100. If the base year is 1998, what is the CPI in both years? What is the inflation rate in 1999

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

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 - Suppose that the MPC = 0.8 and that $12 trillion of real GDP is ...
Math - Write the ratio as a fraction in lowest terms of the number of residents ...
economics - charts for micro economics and macro economics
Economics - Suppose that a nation has implemented a system for applying a tax ...
Algebra - Observe the following sets and answer he quesions given below. A = The...
Economics - Brian is taking three courses this semester: economics, statistics, ...
economics - I have an article for economics and it discusses how the housing ...
algebra - A contagious disease is infecting residents of a town of 7,300 ...

Search
Members