To calculate the real value of our savings

Reference no: EM13196309

Suppose you have $7,000 in savings when the price level index is at 100.

A. If inflation pushes the price level up by 10 percent, what will be the real value of your savings?

B. What is the real value of your savings if the price level declines by 10 percent?

Reference no: EM13196309

Questions Cloud

Find the straight line : consider the data points (1,9) (2,8) (3,6) and (4,3). Find the straight line that provides the best least-squares fit to these data.

What is the shortest distance : A baseball diamond is square with sides of 90 feet. What is the shortest distance, to the nearest tenth of a foot, between first base and third base?

Discount future cash flows : How long will Austin have to use the system to justify the additional expense over the conventional model and discount future cash flows before calculating payback and round to a whole year.

What is the mole fraction of propane in the fuel stream : The partial pressure of O2 in the exhaust is 75.19 mmHg and the partial pressure of CO2 in the exhaust is 47.94 mmHg. What is the mole fraction of propane in the fuel stream? (mol C3H8 / mol)

To calculate the real value of our savings : Suppose you have $7,000 in savings when the price level index is at 100.then what is the real value of your savings if the price level declines by 10 percent.

What are the dimensions of the largest volume package : What are the dimensions of the largest volume package the postal service will accept?

Write a recursive formula : a sky diver jumping from a plane at a height of 5,000 feet. He will fall 16 feet in the first second. Thereafter, until the parachute opens, the distance fallen during each second will be 32 feet more than the distance fallen during the previous s..

How fast is the player distance from second base : A baseball player runs from home plate towards first base at 20 ft/s. How fast is the player's distance from second base changing when the player is three-quarters of the way to the first base? Give your answer correct to two decimal places.

State oxygen on the mineral surface gave emitted electron : The oxygen on the mineral surface gave emitted electron energies at 531 eV, corresponding to the 1s orbital of oxygen. Overall the researchers concluded that oxidation states were +2 for Hg and -2 for O.

User Account

All Pages