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If you had $1000 dollars in 1925, based on inflation, what would you have in 1950, 1975, 2000? What do you estimate the value would be in 2025.

I don't have more information, this is the question from assignment 1 and the students are allowed to use the online calculator for Canada Bank.

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Joshua Stredder
Joshua StredderLv10
28 Sep 2019

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Related questions

Compose a 200-300 word response to the following questions in a Microsoft Word file and submit your assignment.

This DQ asks you to compare the U.S./Canada balance of trade with U.S./Canada exchange rates. To complete this DQ, you will need statistics from the Federal Reserve Bank of St. Louis's website as follows:

http://research.stlouisfed.org/fred2/data/EXCAUS.txt
Canadian dollars per U.S. dollars. This file has a couple of columns of data -- one for the month and year and another for the C$/US$ exchange rate. For example,
the exchange rate for January 1971 (1971.01) was 1.0118. This means you could buy 1.0118 Canadian dollars with 1 U.S dollar.

http://research.stlouisfed.org/fred2/data/IMPCA.txt
U.S. Imports from Canada. This file also has a couple of columns of data -- one for the month and year and one for U.S. imports from Canada. For example,
in January 1974, imports from Canada totaled $1,414.0 million.

http://research.stlouisfed.org/fred2/data/EXPCA.txt
U.S. Exports to Canada. This file also has a couple of columns of data -- one for the month and year and one for U.S. exports of goods to Canada. For example, in January 1974, exports to Canada totaled $1,396.5 million.

Use statistics from the above web pages to complete the following table and answer the following questions.

Before you complete the table, describe the relationship between the exchange rate and net exports (export - imports). If the value of the US$ strengthens (appreciates), what would you expect to happen to net exports?

Next, complete the following table for the month of January for any five years of your choosing. Do not use 1998.

Year

Exports to Canada

Imports from Canada

Trade Balance

(Exports Ć¢Ā€Ā“ Imports)

Exchange Rate
Ā  Ā  Ā  Ā  Ā 
Ā  Ā  Ā  Ā  Ā 
Ā  Ā  Ā  Ā  Ā 
Ā  Ā  Ā  Ā  Ā 
Ā  Ā  Ā  Ā  Ā 

Does the information in your table support your answer to part "a" of this discussion question? If not, what factors could explain why the table contradicts your answer to part "a?"

One difficulty of moving a small business from a traditional retail store to an online store is channel complications. In many cases, everything has to be reconsidered. For example, how will you communicate with your customers? How will they find product information? How will you accept orders? Manage payments? Shipping? These questions and many more have kept Harrison Kirby from making the e-commerce plunge. Harrison runs a local golf course with a shop of around 150 products. He would love to have a website that would facilitate e-business for his golf course. He wants online scheduling of tee-times (including coordination of group play), online shopping, and social network integration. Below you will find a letter from Harrison explaining what he would like for you to do. Hi! I have an interesting project for you. I am interested in an online presence for my golf shop. Specifically, I want to offer a few (less than 150) products online for in-store pickup or delivery. I would also like online scheduling of tee-times. I want you to search the web for companies that provide this type of product. Ultimately, you may recommend a combination of providers to accomplish all that I am trying to do. For example, your final recommendation may include a web hosting solution, logistics provider, and a CRM tool (Customer Relationship Management). Or perhaps you will find product that can be customized to provide all the functionality in one piece. Keep in mind that my shop is a small business and I do not have resources to manage a complicated system. I needs something that is fairly easy to implement, use, and manage. I have heard of online, cloud, as-as-service platforms that do not require local hardware. I think that this type of setup would be most useful to me, but I have no idea on the type of software I should use to support my business. After you complete your research, please send me a report with the following items: overview of the companies you learned about, your selections (and why you chose them), and how you feel this will help me accomplish my goals. I am very excited to see your work! Harrison

Short Answer/ProblemsĆ¢Ā€Ā”Answer all numbered questions @ 10 points each. Provide your answers in the space provided or the back of the page. Make sure to scan all work pages. Any quantitative questions require showing your work for full credit. Round all $ problems to the nearest cent. All other calculations must be to at least the fifth decimal place. 1. Answer BOTH parts a & b below. a) Explain the impacts of low level unanticipated inflation for a country like the United States. b) In the United States, our confidence in our fiat money is derived from (3 things) 2. Given the following 4 scenarios: Ć¢Ā€Ā¢ The contract interest rate was 6.5% and the expected inflation rate was 2.5%. Ć¢Ā€Ā¢ The contract interest rate was 12% and the expected inflation rate was 10%. Ć¢Ā€Ā¢ The contract interest rate was 7.5% and the expected inflation rate was 4%. Ć¢Ā€Ā¢ The contract interest rate was 4% and the expected inflation rate was 1%. a) Indicate which scenario would have been best for the lender and explain why it is best for the lender. b) With an ex post actual inflation rate of 2.25%, indicate which scenario would have been best for society and explain why it is best for society of the four options. 3. Define, compare, and contrast two of the following sets of terms as they. a. organized exchange markets vs. OTC (over the counter) markets b. fiat money vs. representative full-bodied money c. adverse selection vs. moral hazard 4. Indicate what would happen to both M1 and M2 (increase, decrease, no change) due to each of the following events. Consider each lettered event to be independent of the others. a) you write a check for cash at the casino b) an individual redeems a personal CD and deposits the funds into a savings deposit account c) U.S. commercial banks use some of their excess reserves to purchase $250 billion worth of U.S. Treasury securities from the Federal Reserve. d) as the economy improves, banks ease their credit standards and approve a higher percentage of loan applications. e) you spend $4,000 in U.S. currency while on your spring break trip to Acapulco (if you spent less than that you could not have had much fun) Part III: Longer ProblemsĆ¢Ā€Ā”Answer all numbered questions @ 15 points each. Provide your answers in the space provided or the back of the page. Make sure to scan all work pages. Any quantitative questions require showing your work for full credit. Round all $ problems to the nearest cent. All other calculations must be to at least the fifth decimal place. 5. The following is a historical list of median home prices in two states. Year State 1 ($) State 2 ($) GDP deflator (2009 base year) 1950 9,564 5,396 14.09 1960 15,100 9,800 17.56 1970 23,100 13,000 23.18 1980 84,500 43,900 46.05 1990 195,500 50,800 67.62 2000 211,500 74,400 82.59 2017 (estimate) 400,000 201,991 113.61 a. Convert each price into current year dollars. b. Determine how much a person would have had to pay in 1950 (for both states) to equal the 2017 real home value. c. For both states, determine the percentage increase in home values from 1950-2017 (one calculation for each). 6. Using the following information for a U.S. state: Nominal GDP Real GDP Population Year (millions) (millions 2009 $Ć¢Ā€Ā™s) 1,151,119 1,421,713 32,987,911 1998 1,879,520 1,975,457 36,020,878 2006 2,350,807 2,143,167 38,792,459 2014 a. What is the average annual growth rate for this state during the time periods listed? (Note: time periods of interest are 1998-2006 & 2006-2014) b. What is the average annual inflation rate for this state during the time periods listed? c. To what extent are living standards likely changing in this economy? Explain and support your claim using evidence from the above table. d. For 1 bonus point, indicate the U.S. state associated

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