Economics

posted by .

What is the percent of increase when CPI is 121 then the initial value of CPI was 110?

  • Economics -

    11/110 = 0.1 = 10%

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Economics

    Why is it that the people responsible for pensions use the CPI as an indicator for inflation rather than the GDP deflator?
  2. Economics - (*CPI*)

    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, …
  3. economics

    Which is likely to have the larger effect on the CPI, a 2 percent increase in food or a 3 percent increase in diamond rights?
  4. Economics

    From 1962 to 1965, federal spending on non-defense-related education and training rose from $9.6 billion to $19.5 billion, while from 2001 to 2004, it rose from $178.4 billion to $217.5 billion. Given that the Consumer Price Index …
  5. macroeconomics

    Suppose in 2009 the united states congress passes a minimum wage law that increases the minimum wage (the lowest legal wage) to 7.25 per hour and has a provision that increases the minimum wage at the beginning of each year based on …
  6. Economics (inflation)

    Hello! Could someone please check my answers for the first 2 problems and help me out with the 3rd?
  7. Economics(Please respond, thank you)

    The table below shows the market basket quantities and prices for the base year (year 1) Base year 1 Price in price Quantity base year yr 2 Product Pizza 15 $3 $3.75 t-shirts 4 $10 $9 rent 1 $500 $550 In year 1 the CPI was?
  8. Math

    A basket of goods and services representative of the CPI cost $2750 when the CPI stood at 118.3. What did the basket of goods cost 10 years earlier, when the CPI was at 93.1?
  9. Math

    A country's Consumer Price Index (CPI) is a measure of the cost of living. The inflation rate is the annual relative rate of change of the CPI. Use the data in the following table to estimate the inflation rate for each of years 2007–2012. …
  10. macroeconomic

    Suppose in 2007 the United States Congress passes a minimum wage law that increases the minimum wage (the lowest legal wage) to $7.25 per hour and has a provision that increases the minimum wage at the beginning of each year based …

More Similar Questions