The consumer price index in the United States (base period 19821984) was 226.229 in 2012 and 229.324
Question:
The consumer price index in the United States (base period 1982–1984) was 226.229 in 2012 and 229.324 in 2013. Calculate the inflation rate from 2012 to 2013.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (3 reviews)
Based on the provided information it does not seem likely that undue influence was exerted in this s...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
The data in CPI-U reflect the annual values of the consumer price index (CPI) in the United States over the 47-year period 1965 through 2011, using 1982 through 1984 as the base period. This index...
-
The following table gives data on gold prices, the Consumer Price Index (CPI), and the New York Stock Exchange (NYSE) Index for the United States for the period 1974 2006. The NYSE Index includes...
-
The Consumer Price Index (CPI), which is published by the U. S. Bureau of Labor Statistics, is a measurement that reflects changes in consumer prices over time. The following data show the CPI over a...
-
Instructions In simplified form, you are going to be producing a script. The script will create 2 tables, load the 2 tables with data and then using PL/SQL it will process those 2 tables and with 2...
-
During the past few years, the Japanese government has established rules aimed at reducing the nation's emissions of carbon dioxide (CO2) by nearly 3 million tons each summer. To attain this goal,...
-
An asset is purchased for \($90,000\) with the intention of keeping it for 10 years but is sold at the end of year 3. A total of \($30,000\) was borrowed money that was to be repaid over 3 years in...
-
Consider the air pollution and mortality data given in Table B.15. a. Is there a problem with collinearity? Discuss how you arrived at this decision. b. Perform a ridge trace on these data. c. Select...
-
Use the data in problem 8 to create a Pareto diagram. Problem 8 In an apparel factory, every time a sewing machine breaks, the symptom is recorded. In the past 30 days, all of the sewing machine...
-
Previously we addressed the problem of a pinned-joint truss in the shape of a regular pentagon that is supported on rollers and loaded by a single vertical force F. We want to determine the loads in...
-
The components of GDP in the accompanying table were produced by the Bureau of Economic Analysis. a. Calculate 2013 consumer spending. b. Calculate 2013 private investment spending. c. Calculate 2013...
-
For each of the following events, how would an economist using a 10-year-old market basket create a bias in measuring the change in the cost of living today? a. A typical family owns more cars than...
-
Table 4-5 shows a shipping manifest. Your assignment is as follows: a. Draw a relational schema and diagram the functional dependencies in the relation. b. In what normal form is this relation? c....
-
Hiking trails on steep slopes often zigzag back and forth rather than running in a straight path up the slope. What does having a zigzag path accomplish, given that getting to the top of the slope...
-
A solar cell is illuminated with \(2.0 \mathrm{~W}\) of light. Is the maximum possible current greater with \(2.0 \mathrm{~W}\) of red light or \(2.0 \mathrm{~W}\) of blue light?
-
In Oliver v. Brock, what factors did the court consider most significant in determining whether Dr. Brock had a contractual relationship with Oliver?
-
Explain the reasoning by which we claim that the stopping potential \(V_{\text {stop }}\) measures the maximum kinetic energy of the electrons in a photoelectric-effect experiment.
-
a. For the allowed energies of a particle in a box to be large, should the box be very big or very small? Explain. b. Which is likely to have larger values for the allowed energies: an atom in a...
-
A firm??s product sells for $2 per unit in a highly competitive market. The firm produces output using capital (which it rents at $75 per hour) and labor (which is paid a wage of $15 per hour under a...
-
An interest bearing promissory note for 90 days at 5.6% p.a. has a face value of $120,000. If the note is discounted 20 days after the issue date at a rate of 6.8% p.a., calculate the amount of...
-
This morning you made the following individual choices: you bought a bagel and coffee at the local caf, you drove to school in your car during rush hour, and you typed your course notes for your...
-
This morning you made the following individual choices: you bought a bagel and coffee at the local caf, you drove to school in your car during rush hour, and you typed your course notes for your...
-
This morning you made the following individual choices: you bought a bagel and coffee at the local caf, you drove to school in your car during rush hour, and you typed your course notes for your...
-
P5: A mechanically fastened single strap joint (Figure 1a) is used to transfer a tensile load of 71.1 kN between two composite components along its zero-direction. Both composite parts are well...
-
Determine the deflection of the curved beam at the point of load application. The curved beam is made of an aluminum alloy for which E = 72.0 GPa and G = 27.1 GPA. Let k = 1.3. The inside radius of...
-
The following stress condition is applied on a material: 400 200 0 200-300 0 MPa 0 0 0 Determine the principal tensile stresses and its angle with respect to the x axis. Determine the maximum shear...
Study smarter with the SolutionInn App