What is this years rate of inflation

Assignment Help Business Economics

Reference no: EM13795859

If the CPI was 110 last year and is 121 this year, what is this year’s rate of inflation? In contrast, suppose that the CPI was 110 last year and 108 this year. What is this year’s rate of inflation? What term do economics use to describe this second outcome?

Reference no: EM13795859

Questions Cloud

Solve for the goods market equilibrium : Consider a closed economy which can be characterized by the following equations: C = 400 + 0.8YD I = 600 + 0.1y- 1000r G = 300 T = 125 (M/P)d = 0.2Y-6000r (M/P)= 400 a. Solve for the goods market equilibrium and state the equation for the AD and IScu..

What is the size of labor force-what is unemployment rate : Assume the following data for a country: total population, 500; population under 16 years of age or institutionalized, 120; not in labor force, 150; unemployed, 23; part-time workers looking for full-time jobs, 10. What is the size of the labor force..

Fundamental changes in organizations related issues : Why is it said that electronic commerce is a catalyst of fundamental changes in organizations?

Write essay that discuss mother relations in everyday use : Write a critical essay that discuss the mother relationships in alice Walker's "everyday use" discuss how these relationships changes with Dee's visit.

What is this years rate of inflation : If the CPI was 110 last year and is 121 this year, what is this year’s rate of inflation? In contrast, suppose that the CPI was 110 last year and 108 this year. What is this year’s rate of inflation? What term do economics use to describe this second..

Develop a product launch plan for two markets : Develop a product launch plan for two markets: domestic and international - Write a paper of no more than 3,500 words explaining each of the elements in your team's Product Launch Plan

Terms of the nature and dimensions of the problems : Suppose you are appointed head of the energy department of the city or town where you grow up, and you are asked to come out with a sustainable long-term strategy that that will carry your city into the middle of the century. What are the three bigge..

Products price elasticity of demand as defined : Allen Corporation's vice president in charge of marketing believes that every 9% increase in the selling price of one of the company's products would lead to a 11% decrease in the product's total unit sales. The product's absorption costing unit prod..

Explain the marketing for your company : Explain the marketing for your company (COCA COLA). Price leadership, product differentiation, etc.

User Account

All Pages