Question: Please answer all questions to receive thumbs up. d. The 1974 price index base 100 = 2012 is equal to 22.95 and the annual nominal

Please answer all questions to receive thumbs up.

Please answer all questions to receive thumbs up. d. The 1974 price

d. The 1974 price index base 100 = 2012 is equal to 22.95 and the annual nominal interest rate between 1974 and 2012 is 8.6% on average. Answer the following questions, expressing your answer in percentage rounded to the nearest first decimal. Use the exact formula.

What is the average annual inflation between 1974 and 2012?

What is the average annual real interest rate between 1974 and 2012? Use your previous answer rounded to the nearest first decimal.

e. using the inflation computed in the previous question rounded to the nearest first decimal, calculate the average annual real interest rate between 1974 and 2012 using the approximated formula.

The following question has 5 parts (a.-e.), parts d. and e. will be revealed after submitting your answer by hitting "Verify" on the preceding sections. The following table shows a price index base 100=2012 in Canada for the four quarters of 2010 . Answer the following questions. Enter only the value, without the % sign or any other symbols. a. What is the annualized rate of inflation between the first and the second quarter of 2010 ? Express your answer in percentage rounded to the nearest first decimal (use the exact formula). Q b. How do you interpret the index of the first quarter of 2010 : The price level is Q than that of 2012 . c. Suppose the average hourly wage was $12.56 in the fourth quarter of 2010 . Calculate the real wage in dollars of 2012 . Round your answer to the nearest second decimal. a

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