What is your estimate of the inflation rate for this year

Reference no: EM132171258

Question - You were recently looking at the historical prices paid for homes in a neighborhood that interests you. Calculate on a year-to-year basis how home prices in this neighborhood have inflated (a-e in the table).

Year	Average Home Price	Inflation Rate for That Year
5 years ago	$265,000	(a)
4 years ago	267,000	(b)
3 years ago	272,000	(c)
2 years ago	280,000	(d)
Last year	283,000	(e)
This year	290,000	(f, see below)

(f) What is your estimate of the inflation rate for this year?

Reference no: EM132171258

Questions Cloud

What is the minimum net annual revenue for breakeven : What is the minimum net annual revenue for breakeven? Maximum development expenses? Maximum salvage cost? Construct breakeven charts for each.

Provide me with two examples of things : Provide me with two examples of things that you think that you can do to improve your listening/communication skills. Be as specific as possible.

What is the breakeven cost and gradient : Assume that the $10K-per-mile cost and gradient for pothole fixing is dependent on the technology used. What is the breakeven cost and gradient for the 8-year.

What is the atcf due to the simulator in year five : The R&D lab of Big Tech Manufacturing will purchase a $1.8M process simulator. It will be replaced at the end of year 5 by a newer model.

What is your estimate of the inflation rate for this year : You were recently looking at the historical prices paid for homes in a neighborhood that interests you. What is your estimate of inflation rate for this year

Companies adopt various IT strategies : In order to be competitive in the market, companies adopt various IT strategies.

What did they expect to find and what reality did they find : Discuss Black migration during the late nineteenth and early twentieth century. Where did they go? What did they expect to find and what reality did they find?

Fixed exchange rate and another a floating rate : In your opinion, as a manager, you are choosing to do business in two countries: one has a fixed exchange rate and another a floating rate.

Discuss the single most important lesson any entrepreneur : Reflecting back on everything you have learned in this course, discuss the single most important lesson any entrepreneur should apply in order to be successful.

User Account

All Pages