What will be the real value of the savings

Assignment Help Econometrics

Reference no: EM13212457

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: EM13212457

Questions Cloud

Show the principle stresses on the neutral axis : Show the principle stresses on the neutral axis on a correctly oriented element relative to the axis of the beam.

What is the total current : A 60 ohm, 40 ohm, and 20 ohm resistor are each connected in parallel across a 120VAC source. What is the total current.

Determine the natural frequency of the system : A 0.453-Kg mass attached to a light spring elongates it by 7.87mm. Determine the natural frequency of the system.

What is the satellites altitude : A satellite is in Earth orbit with an altitude at perigee of 555.0 km and an altitude at apogee of 1200.0 km. a. What is the semi-major axis of the orbit? b. What is the eccentricity? c. If the true anomaly is 160 degrees, what is the satellite's ..

What will be the real value of the savings : 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 b..

Determine the natural frequency of vibration : the lower end of the 30 kg slender rod is displaced a small amount and released from the rest. determine the natural frequency of vibration. the springs have stiffness of 500 N/m and they are stretched when the rod is hanging vertically.

What is the magnitude of the net force : A 1300 car is traveling along a straight road at 18 . Two seconds later its speed is 21. What is the magnitude of the net force acting on the car during this time?

What type of feedback data should we be collecting : what type of feedback data should we be collecting; in order to make sure that our MPS data, our MRP data, our Aggregate Planning, etc. are all correct?

Resolve major problems in balance of payments surpluses : Proponents of the managed floating exchange rate system argue that it has added the volatility needed by the exchange rate market. been effective because it is a "nonsystem" without fixed rules. been sufficiently flexible to weather major economic..

User Account

All Pages