Analyze trends in overall inflation over given time period

Assignment Help Microeconomics
Reference no: EM132280193

Question: Develop a minimum 700-word analysis of inflation by including the following:

• Choose a product or service you currently consume/use, such as apparel or educational services, that is included in the CPI's "market basket." Find the annual CPI index numbers for your chosen good or service for the years 1995, 2005, 2010, and 2015. Enter those index numbers in an Excel® file and calculate the percent change (inflation rates) in those index numbers from 1995 to 2005, from 1995 to 2010, and from 1995 to 2015.

• Analyze the trends in overall inflation over the last five years and whether your income has kept pace with inflation. How has inflation over the last five years affected you and/or your family?

• Discuss how a business manager, such as a human resources manager, might use CPI statistics.

Cite a minimum of three scholarly, peer-reviewed references.

Format your paper consistent with APA guidelines.

Reference no: EM132280193

Conduct an evaluation of organization

Conduct an evaluation of organization based on strategic planning analysis, which includes the strengths and/or weaknesses that are internal to the organization and opportun

Firms profit-maximizing level of capital is determined where

Present investment is? If the interest rate is 20 percent? Financial intermediaries (banks) bring supplier and demanders together in the market for? The firms profit-maximizin

Price, profits and competition

You may be aware that there are three types of profit: accounting profit, economic profit, and normal profit. The difference between the total revenue and the sum of the expli

Income received by each quintile of this income distribution

A group of 10 people have the following annual incomes: $55,000, $30,000, $15,000, $20,000, $35,000, $80,000, $40,000, $45,000, $30,000, $50,000. Calculate the share of total

Average total cost curve

Analysis is based on a scenario in which the firm is operating on the declining portion of its average total cost (ATC) curve. What would happen to profits if ATC was consta

Which one of generic competitive strategy best characterize

Which one of the generic competitive strategies best characterize your company's strategic approach to competing successfully? Which athletic footwear companies in your indust

Drop in productin of goods and services.

explain how rent seeking can lead to a drop in productin of goods and services. what role might the underground economy play in lessing the drop in productie activities

Identify the economic problems - benefits and issue

Apply demand and supply analysis to make a range of market related decisions - to be able to identify and critically evaluate opportunities for specialization and exchange

Reviews

Write a Review

 
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd