Difference between projected and actual bci inflation rate

Assignment Help Macroeconomics
Reference no: EM13183358

In 1999, the Office of the Under Secretary of Defense projected that the ENR Building Cost Index (BCI) would increase from its 1999 value of 3423 to 4098 in 2012. If the actual value in 2012 was 5167, what was the difference between the projected and actual BCI annual inflation rates from 1999 to 2012?

Reference no: EM13183358

Questions Cloud

Explain how a monopolist always earns an economic profit : You are the manager of a firm that sells its product in a competitive market at a price of $50. Your firm's cost function is C = 40 + 5Q^2. Your firm's maximum profits are: A. 125, B. 250, C. 100, D. 85 6. A perfectly competitive firm faces:
State the total amount of water runoff from the road : The total amount of water runoff from the road is equal to a volume that would make the water on the roadway be at a depth of 0.4 inches if it all stayed on the roadway.
Define oxygen from carbon dioxide and water : In photosynthesis, plants from glucose (C6H12O6) and oxygen from carbon dioxide and water, Part B, Calculate delta H rxn at 15 degree C
What are the intercepts of budget line : Tanya operates a home business importing sweaters from Peru and sells them from her home. She collects $400,000 in revenue a year, and spends $200,000 on the sweaters and shipping costs, as well as $25,000 on advertising, accounting services and u..
Difference between projected and actual bci inflation rate : In 1999, the Office of the Under Secretary of Defense projected that the ENR Building Cost Index (BCI) would increase from its 1999 value of 3423 to 4098 in 2012. If the actual value in 2012 was 5167, what was the difference betwee..
Discuss the objectives and functions : Briefly discuss the objectives and functions of each of these sources and purpose of each source of regulation.
State ammonia nh3 to prepare a buffer solution : How many grams of dry NH4Cl needed to be added to 1.50L of a 2.00M solution of ammonia NH3 to prepare a buffer solution that has a pH of 8.60?
State a sealed container holding : A sealed container holding 0.0255L of an ideal gas at 0.983 atm and 71C is placed into a refrigerator and cooled to 37C with no change in volume
Do you get the same cost using an average inflation rate : The inflation rate over a 10 year period for an item that now costs $1000 is shown below Year 1, 10% Year 2, 0% Year 3, 10% Year 4, 0% Year 5, 10% Year 6, 0% Year 7, 10% Year 8, 0% Year 9, 10% Year 10, 0% What will be the cost at the end of year 1..

Reviews

Write a Review

Macroeconomics Questions & Answers

  Sketch the marginal benefit schedules

Thelma and Louise are neighbors. During the winter, it is impossible for a snowplow to clear street in front of Thelmas house without clearing the front of Louises.

  Big interest rates in mexico

Big interest rates are commonly expected to strengthen a nation's currency because they can encourage foreign investment in securities in that nation,

  Illustrate role do property rights play in creating common

Illustrate role do property rights play in creating common property resources? Why are common property resources subject to market failure due to nonexcludability.

  Write out a utility function

a. If Blutarsky only cares about the total amount of alcohol in his basket, what is his marginal rate of substitution of bottles of vodka for six? packs of beer? b. Write out a utility function to represent these preferences.

  Describe the federal reserve system

Describe the Federal Reserve System. Be sure to mention and discuss the Board of Governors, the regional Federal Reserve banks, and the Federal Open Market Committee.

  Economic growth

Identify at least four policies from the textbook that the government has created to impact economic growth and productivity.

  Two years ago when the officials in plentiful decided

It all begins two years ago when the officials in Plentiful decided to raise the tipping fees at their Raw End

  Find estimated percentage point change in rdintens

The variable rdintens is expenditures on research and development (R&D) as a percentage of sales. Sales are measured in millions of dollars. The variable profmarg is profits as a percentage of sales. Using the data in RDCHEM.RAW for 32 firms in the..

  Most practitioners presently update mrp weekly or biweekly

Most practitioners presently update MRP weekly or biweekly. Would it be more valuable if updated daily, or even on a real-time basis.

  Examine the ways in which the obligations are outlined

Imagine you are the CEO of Yahoo!, and outline the relevant obligations, ideals, and effects that you believe should be taken into consideration before developing a company policy regarding employees working remotely. Examine the ways in which the..

  Illustrate what is the practice by a monopolist

Illustrate what is the practice by a monopolist of charging each buyer the highest price.

  What are the calulations to solving the problem

Based on this sample, the 95% confidence interval of the population proportion of working parents who feel they spend too little time with their children because of work commitments is? What are the calulations to solving this problem?

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