Calculate the inflation rate for the period 2019

Assignment Help Macroeconomics
Reference no: EM132631604

The consumer price index represents the cost of a "shopping basket" of goods and services of a typical or average South African household. Consider the following table and answer the questions below:

Year CPI 2018 149.81 2019 156.22 7.1.

Calculate the inflation rate for the period 2019. (2) 7.2. In table format, differentiate between the CPI and the PPI.

Reference no: EM132631604

Questions Cloud

What is the new level of gross national debt : (The National Debt) Try the following exercises to better understand how the national debt is related to the government's budget deficit.
Six Cialdini persuasion principles : In this discussion forum, please choose three of the six Cialdini's persuasion principles and provide an example/application for each principle.
How do discuss notion that firms should stop doing business : How do discuss notion that firms should stop doing business with customers who constantly generate losses versus the notion that the customer is always right.
Illustrate the impact of a reduction in net exports : Use the AD-AS model to illustrate the impact of a reduction in net exports on the general price level and the level of real production and income in the economy
Calculate the inflation rate for the period 2019 : Calculate the inflation rate for the period 2019. (2) 7.2. In table format, differentiate between the CPI and the PPI.
Changes in government purchases : Assume that government purchases decrease by $10 billion, with other factors held constant, including the price level.
Distinguish between group and team : Distinguish between a group and a team. Discuss ethical decision-making in team leadership that promotes social responsibility.
What is the reserve requirement : If the money multiplier is 10, what is the reserve requirement?
Eliminate a recessionary gap : With taxes held constant, can eliminate a recessionary gap. How could a tax cut achieve the same result?

Reviews

Write a Review

Macroeconomics Questions & Answers

  How will domestic government regulations affect your company

Identify a business theorist and their theory. How will the domestic government regulations affect your chosen company in its domestic environment?

  Political economic determinant of health

How might the'Merchants of doubt be seen as the political economic determinant of health? how might Revlon fit into this analysis? How might AIDS be seen as a political economy issue as opposed to a behavioral or biomedical issue?

  Why is the balance of trade so out of balance for the us

Discussion- Trade is designed to create bigger market opportunities, so why is the balance of trade so out of balance for the U.S.?

  With a us marginal propensity to consume assumed at 12 what

with a u.s. marginal propensity to consume assumed at 12 what will happen to the following with the neoclassical model

  Describe current trade deficit

United States has absolute advantage over many countries in production of most goods and services. Yet, the country is running the record trade deficit year after year. The current trade deficit is about six percent of the country's GDP. Is it a ..

  Explain what is meant by non-market housing

The problem is explains about non-market housing and how it is delivered in the UK or any other country. This type of housing is not a direct or regular real estate market.

  Long run adjustments

Industry structure is often measured by computing the Four-Firm Concentration Ratio. Assume you have an industry with 20 firms and the CR is 30 percent. How would I describe this industry?

  What do other sources of information say about given concept

What do other sources of information say about these concepts? Are there discrepancies between the information in the article and information in the unit presentation or the text?

  How do economists attempt to avoid the problem

Look at some of the news reports on the current election campaigns. State a claim made by a candidate that is an example of the fallacy of false cause. How do economists attempt to avoid this problem

  What are the annual nominal interest rate and the effective

Your new car loan is $40,000 and your payments per month are $650 for 5 years. What are the annual nominal interest rate and the effective interest rate on this loan?

  Suppose you expect interest rates to increase in the future

Suppose you expect interest rates to increase in the future. You are not indifferent toward interest rate risk and the desire to maximize expected return. If you hold a portfolio consisting of 50 percent

  Illustrate what price should the theater charge

Illustrate what price should the theater charge for a ticket if it wants to maximize profit. how big will its profit be. What price would you like to charge.

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