User Account

All Pages

What is the inflation rate in 2001

Assignment Help Macroeconomics
Reference no: EM131168165

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?

Reference no: EM131168165

Questions Cloud

Compare intels 64 bit processors and amds 64 bit processor : Compare and Contrast Intel's 64-bit processors and AMD's 64-bit processor-  Research and report what are the latest INTEL and AMD offerings as far as microprocessors are concerned. Advantages?
Are all capable processes the same : These parts should be within the specification limits 10.45 inches to 10.55 inches, with a target of 10.50 inches. Are both processes capable of staying within the specification limits? If you were a manufacturer and had to select one of these pro..
What is the cpi : Suppose the Australian economy has only three goods, and the typical family purchases the amounts given in the following table. If 1999 is the base year, then what is the CPI for 2006?
Why comprehending cash flow important for financial success : After reading Chapter 4: "Statements of Cash Flow & Analysis of Ratios," along with any other research conducted, please discuss why comprehending and managing cash flow is important for financial success.
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?
Simple australian economy : Suppose that in the simple Australian economy three goods are produced: beds, pillows and sheets. The quantities produced and their corresponding prices for 2011 and 2012 are shown in the following table. What is real GDP in 2012, using 2011 as a ..
The idea of a quadratic loss function : Explain intuitively why a quadratic loss function might be preferable to a simple 0 - 1 function (where a part either meets specifications or it doesn't) when assessing quality.
Calculate the rate of increase in the price level : Given the following info, calculate the rate of increase in the price level (inflation) from Year 2008 to 2009.
Provide rationale to support your data collection strategies : The Critical Thinking assignments in this course will build upon each other to help you complete the final Portfolio Project, an evaluation plan for a business or organization seeking to provide blended or online training and learning. In this ste..

Reviews

Write a Review

Macroeconomics Questions & Answers

  Economic threats or opportunities for the us

Determine the economic implications for the United States of the increase of China and India as significant economic powers.

  Is the posttax equilibrium closer to or further from the

The government decided to tax a monopolist at a constant rate of $x per unit. Show the inpact upon output and price. Is the posttax equilibrium closer to or further from the ideal equilibrium of P= MC?

  Effect of government intervention in the cell phone market

There are two brands of cell phones that are almost identical except for some minor features, the A-Phone and the Pomegranate.

  Find the change in consumer surplus

Find the change in consumer surplus, producer surplus and total surplus when Vanland decides to open their economy to trade.

  Describe expansionary fiscal policy in a recession

What are the advantages and disadvantages of using an expansionary monetary policy in a recession compared to using fiscal policy? (Please note: I am not asking you how monetary policy works. You have already answered it in part c above. The quest..

  Elucidate the relationship among the ratio marginal utility

Elucidate the relationship among the ratio of marginal utility and the price of each good consumed in consumer equilibrium.

  Creating a pay off matrix

Suppose two strategically dependent firms in an oligopolistic industry: Firms A and B. Firm A knows that if it offers extended warranties on its products but Firm B does not,

  Political business cycle theory

Political business cycle: Do economic events affect presidential elections? To test this so-called political business cycle theory, Gary Smith 20  obtained the following regression results based on the U.S Presidential elections for the four yearl..

  Free trade equilibrium conditions

A) What are the free trade equilibrium conditions (equilibrium price and equilibrium quantity)? B) If there were to be an import quota of 200 units, then how would the equilibrium price and quantity change? C) How would you say that the quota has aff..

  Do the conditions differ from utility-maximizing conditions

such as making charitable contributions or civic expenditures (MU). Can you set up the problem and derive the optimization conditions if the owner-manager wishes to obtain a specific level of utility at the lowest possible cost.

  Describe the conditions under which revenue will

Explain the process of revenue at NSU, focusing on the relationship between the increased revenue from students enrolling at NSU despite the higher tuition and the lost revenue from possible lower enrollment.

  Change in real gdp per capita

The information below explains the real GDP per capita for the country of Utopia for the period of 1975 to 1991.

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