Monthly data on the cpi and quarterly data on the gdp

Assignment Help Microeconomics
Reference no: EM13949566

Suppose we have monthly data on the CPI and quarterly data on the GDP. We have information only on the first two periods. We are given that the CPI increased by 0.5% from January to February, while GDP increased by 1.3% from Q1 to Q2. We would like to see if how growth and inflation rates compare. What would be the "annualized" growth rate of each?

  1. CPI growth rate=6.17%; GDP growth rate=5.3%
  2. CPI growth rate=6.17%; GDP growth rate=5.2%
  3. CPI growth rate=2.02%; GDP growth rate=5.3%
  4. CPI growth rate=2.02%; GDP growth rate=5.2%

Reference no: EM13949566

Questions Cloud

Write a letter on civil war : Writing Assignment - I would like you to put yourself in the shoes of a key player in the Civil War. You will need to put on your acting hat, at least in your mind
How to test the database management system''s functionality. : Why is this? do you think a cetain type or size of organization is more likely to skip these tests than another
The fourth amendment to the u. s. constitution : Use the Internet to research articles on the Fourth Amendment to the U.S. Constitution, and take notes on the specific rights that relate to search and seizure. Be prepared to discuss.
Claim for an ambient temperature : 1. An inventor claims to have developed a food freezer that at steady state requires a power input of 0.6 kW to extract energy by heat transfer at a rate of 3000 J/s from freezer contents at 270 K. Evaluate this claim for an ambient temperature of..
Monthly data on the cpi and quarterly data on the gdp : Suppose we have monthly data on the CPI and quarterly data on the GDP. We have information only on the first two periods. We are given that the CPI increased by 0.5% from January to February, while GDP increased by 1.3% from Q1 to Q2. We would like t..
Millions of dollars effort to stop a hand-full of people : Is it cost effective to spend millions and millions of dollars in an effort to stop a hand-full of people" who are bound to terrorize the United States?
Assume the interest rate is a positive value : Which of the following will increase the future value of your deposit assuming that all interest is reinvested?
Determine the thermal efficiency : Compare the results of part (a) with those of a reversible power cycle operating between these reservoirs and receiving the same rate of heat transfer from the hot reservoir.
Explains the cost of a bag of premium oranges : Suppose that a roadside orange stand in Florida charges $1 for a bag of "standard" oranges and $2 for a bag of "premium" unblemished oranges, which are guaranteed to be perfectly ripe. In Montana, consumers must pay $3 per bag to transport FL oranges..

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

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