What was the cpi for 2020 if the base year was 2019

Assignment Help Microeconomics
Reference no: EM133426000

The average price levels were $122 and $110, respectively in 2019 and 2020

Question 1) what was the CPI for 2020 if the base year was 2019?

Question 2) what was the rate of inflation from 2019 to 2020?

Reference no: EM133426000

Questions Cloud

How much paper will domestic producers supply : Suppose the government imposes a $4 tariff on paper. How much paper will domestic producers supply with the tariff in place? Calculate the tariff revenue
Find the price-response function corresponding : Find the price-response function corresponding to the willingness-to-pay distribution of the customers of the car manufacturer. Verify that the willingness
Discuss emotional displays in public versus private settings : Consider rules you may have internalized about emotional displays in public versus private settings, around specific emotions like happiness, pain, grief.
Premium theories in term structure of interest rates : explain the main differences between the expectations vs liquidity premium theories in term structure of interest rates
What was the cpi for 2020 if the base year was 2019 : what was the CPI for 2020 if the base year was 2019 and what was the rate of inflation from 2019 to 2020
How should merck handle criminal investigation and lawsuits : What are the critical issues in this case and who are the stakeholders? What stakeholders should Merck target first in its corporate response?
Examine the funds portfolio strategy : examine the fund's portfolio strategy and assess real estate investments, valuations, and the risks to which it might be exposed.
What are the scientifically verified potential harms : What are the scientifically verified potential harms of vaccines and What are the possible health outcomes of COVID-19 chicken pox polio and measles?
Discuss the theoretical framework of relationship building : Discuss the theoretical framework of relationship building with stakeholders. Review existing literature on relationship building with stakeholders

Reviews

Write a Review

Microeconomics Questions & Answers

  Consider the pizza market in a small college town

Consider the pizza market in a small college town with the following assumptions: - The market is in long-run equilibrium. - Each pizza shop sells 100 pizzas per week. (For ease of exposition, suppose that each shop sells only pizza and only one size..

  What is depreciation for you

ECONOMIC11 University of the Fraser Valley What is depreciation for you - Cite examples or situation in which depreciation is applicable. Explain. (Give 3 exam

  What circumstances will input choice be relatively similar

A Company operates plants in both the US (where capital is relatively cheap and labor is relatively expensive) & Mexico (where labor is relatively cheap and capital is relatively expensive). Under what circumstances will the input choice be relativ..

  What is university h new profit at the equilibrium

Imagine a university H that is the monopoly in the market for art degrees, with cost function C(Q) = 25Q^2 + 360. Imagine the inverse demand function

  Define the percentage gdp gap in general

Define the percentage GDP gap in general. State mathematically the "Okun formula" (Okun's Law) for estimating the percentage GDP gap.

  What those most vulnerable to scarcity need most

Which individuals or groups in Ethiopian society are most vulnerable to scarcity?

  How three major factors discussed in text can shift level

What must occur to Aggregate Demand and Aggregate Supply in order for the U.S. economy to experience an increase in Real GDP,and at the same time, not experience a significant increase in the price level

  What specific economic policies would you propose

Applying the principles of the Keynesian model, what specific economic policies would you propose to accomplish these goals

  Ac inc has a monopoly in the market for little green houses

ac inc. has a monopoly in the market for little green houses. acs total cost function is 100000.10y2 0.10 y squareand

  Define whether technology has assisted or hindered process

Fresh Foods on the Move - Fresh Foods on the Move imports fruits and vegetables from Mexico for sale to large manufacturers who process those products.

  Find the total revenue function

Using this demand function, find the total revenue function. What is the shape of the total revenue function? What is the highest possible total revenue.

  Write a term paper around the economics of ethanol

Write a term paper around the economics of Ethanol ( Imports, Exports, production, history etc) This is class is called International Agricultural Trade.

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