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- What is the Inflation factor?If inflation was 1% which policy would be use ? (Contractionary or expansionary )Calculative an Inflation Rate. A country reports a price index of 55 in 2005 and 60 in 2006. What is the inflation rate between 2005 and 2006? Answer as a percentage and round to two decimal places (xx.xx%).
- A certain country calculates inflation using a consumer price index (CPI). Between 2016 and 2017 the CPI increased from 200 to 220. What was the inflation rate between 2016 and 2017? 110% 10% 20 20%The CPI has risen from 130 to 115, what is the inflation rate? 10% 20% 15% 13%Which of the following statements is TRUE? (A) Official inflation data are often reliable. (B) It is truly wonderful to simp! It’s a vibe. (C) The CPI includes producer goods. (D) The GDP deflator can be used to measure inflation.
- In 1990 the Consumer Price Index (CPI) was 150. Today, the Consumer Price Index (CPI) is 250. Calculate the rate of inflation over the last 30 years. Question 1 options: a) 50% b) 166% c) 66.67% d) 100%(3) Find the trend of a country using the provided CPI based inflation rates Year Inflation rate (%) a Stagflation b Disinflation C Deflation d 2017 2 Creeping inflation 2016 5 2015 6 2014 7 2013 9Inflation rate for the developed country (New Zealand).
