Question: The table below shows the data on consumer price index for different states in Malaysia for the year 2021 to 2023 States CPI 2023

The table below shows the data on consumer price index for different

The table below shows the data on consumer price index for different states in Malaysia for the year 2021 to 2023 States CPI 2023 Johor 133.2 Kelantan 127.6 Penang 131.1 Selangor 135.1 CPI 2022 130.6 125.9 128.9 132.1 CPI 2021 126.3 122.5 124.9 126.8 Based on the table, calculate inflation rate for the following states by writing your answer in the space provided. States Johor Inflation rate Inflation rate 2022 2023 1) Kelantan 3) Penang 5) Selangor 7) 2) 4) 6) 8)

Step by Step Solution

★★★★★

3.41 Rating (151 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

The inflation rate is computed by using the below equation Inflation Rate CPI in present year CPI in ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

Construct a scatter plot for each data set. Then calculate r and r2 for each data set. Interpret their values. a. b. c. d. x2 1 0 2 |-2125 x -2 -1 0 2 1 22 3 3 3 4

In Exercises, a. Compute the three sums of squares, SST, SSR, and SSE, using the defining formulas. b. Verify the regression identity, SST = SSR + SSE. c. Compute the coefficient of determination. d....

Answer Problem 6.52 for 1 lb rather than 0.5 lb? Obstetrics Figure 6.4b (p. 172) plotted the sampling distribution of the mean from 200 samples of size 5 from the population of 1000 birth-weights...

Why is it an important property of an environmental indicator that it changes over time? Explain.

Hi tutor, So far this is my analysis for a case study regarding unemployment and inflation. I have chosen two unemployment issues that i would like to discuss and these are: unemployment rate among...

Hi tutor, So far this is my analysis for a case study regarding unemployment and inflation. i have chosen two issues in the unemployment that i would like to discuss and these are: unemployment rate...

please can you please help me with this case in order for me to get prepared for my midterm. this is not a homework, its a case given by the professor for us to get ready for the upcoming exam...

Hello can you please help with this case study, that's an exercice given by the teacher in order for us to get ready for the mid-term, he said he is going to give something like that, so we should...

The inflation rate has increased in Australia and other countries during 2022. Explain in detail three causes of this recent rise in inflation. The table below shows a hypothetical country's Consumer...

Date 25-07-20 Particulars Dividend Payable on Preferred Stock Dividend Payable on Common Stock Bank Account Dr Rs. 700,000 Rs. 88,000 Cr Rs. 788,000 P.5-2 Shadman Trading Company had 10,000 shares of...

As Sarah Jenkins, materials manager at Caledon Concrete Mixers, ended her conference call with Jon Del Rosario from corporate purchasing, she wondered what recommendations she should make regarding...

In combination plans, the base salary primarily serves to: Eliminate the need for incentives Provide income stability and reward consistent performance Penalize underperforming salespeople Shift...

Q.1.Complete the table. OUTOUT PAIRS K L MTRS 1000 yards I 1 1000 yards II 2 7:1 1000 yards III 3 5:1 1000 yards IV 4 3:1 1000 yards V 5 1:1

Q.1. Complete the table and draw the diagrams. Marginal MRPL Revenue MPL Output Elasticity Q APL Wages 1 100 $500 $10 $500 $500 $500 80 $10 $10 $10 3 60 4 40 20 $500 $10

The first unit of a product took 900 hours to build and the learning curve is 90%. How long will it take to make the first 3 units? (Use Table E.3) less than or equal to 2,470 hours from 2,470 to...

Small Northern Question 8 with the following equations 1. sin mx+ sin nx 0 3. cos me = sin ne 5. 3 tan (0 - 15) = tan (0 + 15") %3D 7. sin 70 = cos 0 9. tan 0 cot 20

Calculate the perimeter of a quater of a circle with a radius of 11cm Give your answer correct to 1 decimal place.

Throughout much of the 20102015 period, the fed funds rate was substantially lower than what a Taylor rule for monetary policy would seem to indicate. Why?

Suppose you are the head of the central bank and your mandate is to maintain the price level at a constant value. Explain what you would do to the money supply in response to each of the following...

Suppose you are appointed the international economic adviser to a small developing country. The country is deciding what kind of exchange rate and monetary policy regime to adopt. Provide your advice...

2.3 Recognize the need to be aware of organizational culture for effective communication

3.3 Explain how an understanding of nonverbal messages is important to being an effective leader.

3. What do you think motivated Nooyi to send thank you letters to her senior executives parents? Why not send the letter to the senior executives?