Calculate percentage change between 2018 and 2019

Assignment Help Macroeconomics
Reference no: EM132655831

Statistics South Africa (STATS SA) reveals that the consumer price index (CPI) in South Africa for the years 2017 to 2019 is described by the table below:

Year Consumer Price Index (CPI)

2017 100.0

2018 112.1

2019 120.8

Calculate the percentage change (inflation rate) between 2018 and 2019.

If the inflation rate in 2020 is estimated to 8%, what would the value of CPI be in 2020?

Reference no: EM132655831

Questions Cloud

Identify the benefits and costs associated : Identify the benefits and costs associated with each option available to the government. Illustrate how each policy response will impact the marco-economy.
What the average cost of product is closest to : The company makes 410 units of product O37W a year, According to the activity-based costing system, the average cost of product O37W is closest to
Calculate south africa nominal gdp in 2018 and 2019 : Suppose that South Africa produces only two goods, sanitisers and masks. The base year is 2018 and the table below gives the quantities
Criminal cases are resolved through plea bargaining : A vast majority of criminal cases are resolved through plea bargaining. Evaluate when plea bargaining can occur, the ethics of plea bargaining,
Calculate percentage change between 2018 and 2019 : Statistics South Africa (STATS SA) reveals that the consumer price index (CPI) in South Africa for the years 2017 to 2019 is described by the table below:
Criminal case decision dealing with bill of rights issue : You will analyze one U.S. Supreme Court criminal case decision dealing with a Bill of Rights issue.
Discuss about quality indicators specific to the patient : Develop a history and physical (H&P) examination for the fictitious patient chosen. In previous courses in the program, you have used this subjective.
What are the gains from trade : What are the gains from trade? Assume linear domestic supply and demand curves. (Note: If there are overall losses from trade, make your answer negative.)
Evaluate what is the equivalent unit cost for materials : Started in production during November 118,000. What is the equivalent unit cost for materials assuming Bentley uses first-in, first-out (FIFO) process costing?

Reviews

Write a Review

Macroeconomics Questions & Answers

  Examine effectiveness of each form of government in meeting

Write a 500-word comparative essay evaluating the key similarities and differences between the world's major forms of government. Examine the effectiveness of each form of government in meeting the needs of its citizens.

  Different types of cloud computing solutions

Create a 10- to 12-slide Microsoft® Office presentation with appropriate graphics, an Introduction slide, a Conclusion slide, a properly formatted APA Reference slide and Speaker Notes that address the following:

  Why is a change in the age structure of the population

Why is a change in the age structure of the population, increasing the proportions of young or old workers in the labour force, likely to change the natural rate of unemployment?

  Provide an overview of the singapore economy

Provide an overview of the economy chosen (Singapore and Malaysia). Describe unemployment trend' (specific to your choice country)

  Ellucidate in words the effects of the rebate

Ellucidate in words the effects of the rebate on supply and/or demand and its effects on quantity and price.

  Explain why a firm should continue to operate in the short

Explain why a firm should continue to operate in the short run so long as market price is greater the firm's average variable cost at the profit-maximizing level of output.

  Explain how trading between countries makes them better-off

Explain how trading between countries makes them better-off? Describe the opportunity cost each country gives up by trading with each other?

  Determine the amount of expense

You have the alternative of leasing an asset for $100,000 a year, with payments to be made at the end of each year of use. This lease cannot be cancelled.

  Computing expected rate of return

Assume a company expects that a $20 million expenditure on R&D will result in a new product that will rise its revenue by a total of $30 million 1 year from now.

  Political and economic arguments against free trade

What are the major political and economic arguments against free trade?

  Calculate the total change in real gdp

Using the formula for the multiplier for changes in government purchases and for changes in transfers, calculate the total change in real GDP due to the $10

  Main cause of rising prices in developing asia

1. Read the paragraph given below and write down which type of inflation is the main cause of rising prices in developing Asia.

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