Monthly data on the cpi and quarterly data on the gdp

Assignment Help Microeconomics
Reference no: EM13949566

Suppose we have monthly data on the CPI and quarterly data on the GDP. We have information only on the first two periods. We are given that the CPI increased by 0.5% from January to February, while GDP increased by 1.3% from Q1 to Q2. We would like to see if how growth and inflation rates compare. What would be the "annualized" growth rate of each?

  1. CPI growth rate=6.17%; GDP growth rate=5.3%
  2. CPI growth rate=6.17%; GDP growth rate=5.2%
  3. CPI growth rate=2.02%; GDP growth rate=5.3%
  4. CPI growth rate=2.02%; GDP growth rate=5.2%

Reference no: EM13949566

Questions Cloud

Write a letter on civil war : Writing Assignment - I would like you to put yourself in the shoes of a key player in the Civil War. You will need to put on your acting hat, at least in your mind
How to test the database management system''s functionality. : Why is this? do you think a cetain type or size of organization is more likely to skip these tests than another
The fourth amendment to the u. s. constitution : Use the Internet to research articles on the Fourth Amendment to the U.S. Constitution, and take notes on the specific rights that relate to search and seizure. Be prepared to discuss.
Claim for an ambient temperature : 1. An inventor claims to have developed a food freezer that at steady state requires a power input of 0.6 kW to extract energy by heat transfer at a rate of 3000 J/s from freezer contents at 270 K. Evaluate this claim for an ambient temperature of..
Monthly data on the cpi and quarterly data on the gdp : Suppose we have monthly data on the CPI and quarterly data on the GDP. We have information only on the first two periods. We are given that the CPI increased by 0.5% from January to February, while GDP increased by 1.3% from Q1 to Q2. We would like t..
Millions of dollars effort to stop a hand-full of people : Is it cost effective to spend millions and millions of dollars in an effort to stop a hand-full of people" who are bound to terrorize the United States?
Assume the interest rate is a positive value : Which of the following will increase the future value of your deposit assuming that all interest is reinvested?
Determine the thermal efficiency : Compare the results of part (a) with those of a reversible power cycle operating between these reservoirs and receiving the same rate of heat transfer from the hot reservoir.
Explains the cost of a bag of premium oranges : Suppose that a roadside orange stand in Florida charges $1 for a bag of "standard" oranges and $2 for a bag of "premium" unblemished oranges, which are guaranteed to be perfectly ripe. In Montana, consumers must pay $3 per bag to transport FL oranges..

Reviews

Write a Review

Microeconomics Questions & Answers

  Profit-maximizing levels of output in competitive firm

Distinguish between total and average fixed costs, Define and graph total variable cost, maginary cost, and average variable cost, Calculate total cost and explain the relationship between average total cost and marginal cost

  Determine a if the market price is $50 per unit

A competitive firm has the following quadratic total cost function TC = aQ2+10Q + 50- determine a if the market price is $50 per unit and the firm's profit maximizing level of output is 10 units.

  Compute the profit-maximizing output price and profits

a van conversion company has fixed capital and labor expenses of 1.2 million per year and variable expenses averaging

  Compute the marginal revenue function

Compute the marginal revenue function from the demand equation Z=8Pz^2. Determine the value of marginal revenue when the price of good Z is $30

  What range of mortgage rates makes the refinancing financial

In the previous problem, assume that the closing cost for refinancing is $4,000, which you agree to be added to the balance of your loan. What range of mortgage rates makes the refinancing financially to your advantage?

  Relationship between confidence interval and hypothesis test

relationship between confidence intervals and hypothesis testing?

  How much money would you have to invest today

How much money would you have to invest today at 8 percent APR compounded monthly to accumulate the sum of $150,000 in 35 years? (Round your answer to two decimal places)

  Write down the major characteristics of pure monopoly

what are the major characteristics of pure monopoly? what are the major barriers to entry that explain the existence

  Each class member shall prepare a written report concerning

each class member shall prepare a written report concerning the performance of a company of their choice.

  Process of identifying and analyzing sub-groups of buyers

The sponsor makes payment for the communication via one or more forms of media (e.g., television, radio, magazine, newspaper, online).

  The marginal cost of producing a bag

Are Lay's Potato Chips a normal or inferior good and Doritos a substitute or complement for Lay's, the marginal cost of producing a bag of Lay=s is 60 cents. How much should you charge per bag?

  How the poor country will converge with the rich country

Assuming that poor and rich countries have the same production function, illustrate how the poor country will converge with the rich country. Describe how this mechanism works. 2. In the data, countries with low living standards have capital-to-wo..

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