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

  Characteristic of the bismarck model

Which of the following is/are NOT (a) characteristic(s) of the Bismarck model?

  At the nonaccelerating inflationary rate of unemployment

At the nonaccelerating inflationary rate of unemployment (NAIRU):

  Problem regarding the variance analysis

Recommend at least two (2) strategies an administrator can apply to ensure that the budget is performing according to the established performance indicators. Justify your response.

  Suppose computer manufacturer is currently producing

Suppose a computer manufacturer is currently producing a total of 1 million computers in two states, Iowa and South Dakota. The firm is currently employing 50,000 production workers, with 20,000 working in South Dakota and 30,000 working in Iowa.

  What does the phrase owners equivalent rent mean

The social marginal cost of the production of snowmobiles. What does the phrase "owners equivalent rent" mean? Volunteers in the workforce have what effect on the GDP?

  Current situation in united states for unemployment rate

The Chair of the council of Economic Advisers has requested that you write a short paper explaining how economic policy can be used to stabilize the economy and achieve a high level of economic growth during the next five years. Current situation in ..

  Consumption change this year in absolute dollars

Explain how much does consumption change this year in absolute dollars as a result of a $5,000 annual tax cut to your income, if the tax cut.

  What challenges did you face

If you have been employed in an organization that has gone through bald ridge or ISO process, share your experiences. What challenges did you face.

  Draw the budget constraint

It is Saturday night, and Hanna is looking to maximize her utility by deciding how many Pop Tarts and Hot Pockets to purchase. She has $12 to spend. Hot Pockets cost $2 each, and Pop Tarts cost $1 each. Draw the budget constraint (with Hot Pockets on..

  Qyou run a chain of movie theaters consequently you

q.you run a chain of movie theaters consequently you commission a marketing study about categorizes your potential

  What is the promised yield to maturity

Assume that Garvin Enterprises', Corp. coupon bond currently sells for $5,800. Bond has a 5 year maturity, an annual coupon payment of $261, and a future value of $5,800. What is the promised yield to maturity on Garvin Enterprises' bond?

  How would you raise your bank''s reserves

You are the president of a commercial bank that is also a member of the Federal Reserve System, and you want to increase your bank's reserves. But you currently have negative excess reserves, in which case your bank is borrowing from the Fed and the ..

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