User Account

All Pages

What is the inflation rate in 2001

Assignment Help Business Economics
Reference no: EM131439157

Sarah buys a house in 1999. She obtains a mortgage that carries an annual interest rate of 12 per cent, and makes payments of $880 per month. The CPI in 1999 is 100, in 2000 it is 110, and in 2001 it is 120. What is the inflation rate in 2001?

a. 9 per cent
b. 0.09 per cent
c. 90 per cent
d. No enough information provided

Reference no: EM131439157

Questions Cloud

Increase in immigration harms domestic workers : Use demand and supply analysis to carefully explain whether the following statement is true, false, or uncertain: "An increase in immigration harms domestic workers in the long run."
What are the types of clients and client problems : What are the types of clients and client problems you think are best suited for solution-focused therapy? Is this approach effective only with high functioning clients, or can it be used effectively to treat more serious problems (e.g., substance ..
Upward sloping labor supply curve : Explain why the MCE differs from the wage if the firm faces an upward sloping labor supply curve.
What are some of the benefits of metacognition : Metacognition is thinking about thinking. What are some of the benefits of metacognition and why is it important for doctoral learners to understand their metacognitive processes?
What is the inflation rate in 2001 : Sarah buys a house in 1999. She obtains a mortgage that carries an annual interest rate of 12 per cent, and makes payments of $880 per month. The CPI in 1999 is 100, in 2000 it is 110, and in 2001 it is 120. What is the inflation rate in 2001?
Why is it important to develop the skill of questioning : RES-811: Why is it important to develop the skill of questioning? How does developing this skill apply to your reading of empirical articles, research conclusions, and your own dissertation?
Case study - tom and the injured man on the roadside : Case Study: Tom and the injured man on the roadside. Assess Tom's chances of successfully defending this action for negligence on the basis of the Civil Liability Act 2002 (NSW), taking account of the rules of statutory interpretation and the relev..
Who holds those viewpoints and how common are they : Annotations are notes that explain and define, especially comments added to documents or diagrams. We use annotations to help us make sense of notes and documents, to remind us of why something was important when we look back on it later, and to b..
Which certification that would most interest you : BUS-390: After visiting the PMI certification website, you see several certification options. Select the certification that would most interest you and explain why you chose such a certification.

Reviews

Write a Review

Business Economics Questions & Answers

  Q1 when the value of a nations imports exceeds the value of

q1. when the value of a nations imports exceeds the value of that nations exports the nation is said to have what?q2.

  Budget surplus to reduce the existing debt

Which of the following would occur if the federal government decided to use a budget surplus to reduce the existing debt.

  Affects the slope of the output demand curve

Determine how the following affects the slope of the output demand curve, and explain your results:

  Determine the dollar value of her loss in surplus

Assuming her income per week is $1,000 and the current price of smoothies is $5 each, by how much will her consumer surplus decline if the price of smoothies increased to $10 each? First diagram your answer by plotting the above demand curve and..

  Robotic surgery machine to perform the surgical operations

You have the option to purchase a Robotic Surgery Machine to perform the surgical operations. The machine has a cost of 1,500,000 dollars, but the Medicare payment for a surgical operation using the Robotic Surgery Machine is 2,500 dollars and a surg..

  Qbriefly what is probability1 work the following problems 2

q.briefly what is probability1 work the following problems 2 tell me what rule or principle you used to solve them and

  Money demand function-what is equilibrium interest rate

Suppose that the money demand function is (M/P)d = 800 - 50r, where r is interest rate in percent. The money supply M is 2,000 and the price level P is fixed at 5. a. Graph the supply and demand for real money balances. b. What is equilibrium interes..

  Meetings with the managers and ceo

Describe who else you will talk to in order to set the sales assumption forecast. How will you document this? How is the sales budget used to build the other budgets? Who is responsible and what standards for negotiations should be set during budge..

  Organizations pension fund management division

Sam Strother and Shawna Tibbs are vice presidents of Mutual of Seattle Group Health Cooperative and co-directors of the organization's pension fund management division. What is the value of a ten-year, $1,000 par value bond with a 10% annual coupon i..

  Use the concept of economic surplus to make your argument

Assume that if the labor market is unregulated, the equilibrium wage for workers who do not have high school education is $5.00 an hour. Assume that the government imposes a minimum wage of $6.00 an hour. Draw a supply-demand diagram that shows what ..

  The harrod-domar model and the solow growth model

Discuss the difference between The Harrod-Domar model and the Solow growth model.

  Based on the analysis of the bubble policy

Based on the analysis of the bubble policy given in this chapter, discuss why transaction costs are so important in explaining the success or failure of the EPA's bubble program. How would you devise a program that minimized the transaction costs of ..

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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