Thursday
April 17, 2014

Homework Help: Economics

Posted by Anonymous on Thursday, April 4, 2013 at 3:03pm.

Suppose you have $7,000 in savings when the price level index is at 100.



A. If inflation pushes the price level up by 10 percent, what will be the real value of your savings?









B. What is the real value of your savings if the price level declines by 10 percent?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Micro ECONOMICS - The majority of the world’s diamonds comes from Country A and ...
economics - The majority of the world’s diamonds comes from Country A and ...
economics - Samantha Jones has a job as a pharmacist earning $30,000 per year, ...
economics - Suppose you have $30,000 in wealth and have the choice of two ...
Economics - 3. Suppose a firm has a constant marginal cost of $10. The current ...
Economics - Hopefully someone can help me with this. "Suppose the production of ...
economics - the currency in Great Britain is pound and the price of a particular...
microeconomics, please help me solve . - The majority of the world’s diamonds ...
Economics - Given the following information calculate the Marginal Revenues. I ...
Managerial Economics - Suppose that Neptune Music has the copyright to the ...

Search
Members