How much money in september 1990 would be needed to purchase

Reference no: EM13200797

Suppose the consumer price index in January 1980 was 100 and it was 150 in September 1990. How much money in September 1990 would be needed to purchase the same the same amount of goods and services as could have been purchased with $500 in January 1980?

Reference no: EM13200797

Questions Cloud

How should the string be cut so that the sum : A 25-inch piece of string is cut into two pieces. One piece is used to form a circle and the other to form a square. How should the string be cut so that the sum of the areas is a minimum? Round to the nearest tenth, if necessary.

How many years will the initial investment be doubled : Suppose that is invested at an interest rate of per year, compounded continuously. After how many years will the initial investment be doubled? Round your answer to two decimal places.

Certify the accuracy of financial statements : In response to accounting scandals in 2002, the federal government passed legislation requiring that corporate directors have a certain level of expertise with financial information and mandating that chief executive officers personally certify

Using a green triangle inscribed in a yellow semi-circle : A team of students seeks to make a flag representing their commitment to the earth. They will be using a green triangle inscribed in a yellow semi-circle.

How much money in september 1990 would be needed to purchase : Suppose the consumer price index in January 1980 was 100 and it was 150 in September 1990. How much money in September 1990 would be needed to purchase the same the same amount of goods and services.

Unbiased predictor of future exchange rates : Provide proof and please be specific about required conditions on relations between financial variable(s) such as of both countries.

Determine an accountant randomly selects general accounts : An accountant randomly selects (60+n) general accounts payable and examines them to determine whether they are correct. Six accounts contain errors.

What are two other ways swatch might hedge : Assuming that SWATCH needs to cover its expenses in Switzerland and thus wants to hedge its SF exposure using a forward contract with a Swiss bank in the US, what is the minimum amount of SF.

Essay on hinduism, confucianism and buddhism : Hinduism, Confucianism and Buddhism are three of the world’s great belief systems. Compare and contrast their impact on the societies that embraced them.

User Account

All Pages