ECON102 Lecture Notes - Gdp Deflator, Real Interest Rate
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per bushel: refer to table 6-1. What is the consumer price index for 2010: 100, 160, 200, there is insufficient information to answer this question. Suppose that the typical consumer basket consists of 5 bushels of peaches and 10 bushels of pecans and that the base year is 2010. What is the consumer price index for 2011: 80, 100, 125, 200, refer to table 6-1. What was the inflation rate in 2011: 25 percent, 20 percent, 5 percent, 4 percent. The table below pertains to an economy with only two goods books and calculators. The fixed basket consists of 5 books and 10 calculators. Then, according to the cpi, today purchases the same amount of goods and services as what amount in 1969: , , , . Ingrid takes a job in 1981 at a salary of 000. By 2010, she has been promoted, with a salary of.