3. How does government managed inflation in the Philippines?

Q: 3. If nominal GDP increases then real GDP increases. A Always if inflation is positive B Never is…

A: Real GDP is nominal GDP adjusted for inflation.  If inflation is positive, increase in nominal GDP…

Q: Explain 1 remedy for inflation in the country Saint Lucia.

A: Inflation can be controlled by the country of Lucia by : Controling the money supply – Monetarists…

Q: Inflation is a general increase in prices and may be measured by the Consumer Price Index (CPI). Use…

A: As per guidelines, we will answer the first question. If you want any specific question to be…

Q: To calculate inflation, we a. First calculate price indices. Such as GDP deflator or CPI b.…

A: Inflation refers to the rise in the prices of goods and services in an economy over a period of…

Q: Inflation is a curse but it may also be a blessing some time. When and how?

A: Inflation is the situation when the price level of goods and services in an economy continues to…

Q: 2018 Price $4 2019 Price $4.50 $18 2020 Qty 600 Qty Qty Price Butter 500 $5.00 $15 $2.50 520 Clothes…

A: Gross domestic product is a monetary measure of the market value of all services and the final goods…

Q: The average hourly wage in 1975 was $6.50, and $17 in 2002. CPI stood at 42 in 1975 and the CPI base…

A: CPI 2002 = 100 as base year Wage in 1975 = $6.50 Wage in 2002 = $17

Q: Show Solution  If the inflation rate is 8% and cost of money is 12%, what interest rate will take…

A: Inflation is the rise in the prices of goods and services. It decreases the purchasing power of…

Q: What are the 6 factors the affecting the inflation rate of the country ? With example

A: Inflation is defined as the macroeconomic time period in which price of the services and goods rises…

Q: he country of South’s consumer price index was as follows: 2019 2020 132.5…

A: Inflation is a measure of determining an increase in the general price level of the economy.

Q: 5. Which of the following assets performs best in times of cost-push inflation? (A) Gold. (B)…

A: The type of inflation which causes a rise in prices through an increase in production factors…

Q: 3. Calculate the Inflation rates, evaluate the rates during the years and between the years. Discuss…

A: 1) The Formula for Calculating Inflation Rate using Consumer Price Index (CPI) isSubtract last…

Q: 1. In the year 1980, when Thatcher came to power in UK, inflation was .. and unemployment rate was…

A: The inflation rate is the rate of increase in the general price level prevailing in the economy. It…

Q: Instructions: Round your answers to 2 decimal places. If you are entering any negative numbers be…

A: CPI measures the cost of market basket of goods and services, consumed by an average consumer.

Q: Beside GDP deflator what other price indices are used in measuring inflation? 2. Which one is the…

A: GDP deflator is calculated by dividing the nominal GDP with real GDP, multiplied by 100; GDP…

Q: Principles List 4 Principle 1: Write a phrase that distinguishes between a 2% annual inflation rate…

A: Inflation refers to the increase in the general price level while deflation is the opposite of…

Q: culate the inflation rate in sudan where the CPI in 2021 was 100 and CPI in 2021 is 150?

A: Inflation is the rate at which the value of a currency is falling and, consequently, the general…

Q: In Year 1 the CPI was 100; 20 years later, it was 229. What was the annual rate of inflation? Round…

A: [Since more than 1 question are posted, only 1st question can be answered, as per answering policy]…

Q: (2)The data below show the NOMINAL GDP (Y) and GDP deflator (P) for an economy over a five-year…

A: Real GDP measures the value of all the finished goods produced within the country at a specific time…

Q: Inflation is known as a because it

A: Inflation means an increase in the general price level of goods and services in an economy during a…

Q: A news reporter claims real that nominal GDP fell by 5 percent and real GDP fell by 2 percent. What…

A: Given: Fall in Nominal GDP=5% Fall in real GDP=2% To find: Rate of inflation

Q: Is CPI an accurate measure for calculation of inflation? (Explain the 4 biases of CPI) . answer it…

A: Consumer price index is the measure used to calculate inflation rate.

Q: In 2018, the nominal GDP = 24000 and real GDP = 19000 In 2019, the nominal GDP = 26000 and real GDP…

A: The inflation rate would result in the various components of the inflation namely GDP deflator and…

Q: YEAR Consumer Price Index 2017 100 2018 110 2019 121 According to the table above, Inflation rate in…

A: The consumer price index of different periods helps to determine the inflation rate in a specific…

Q: . How does government managed inflation? 4. What is Consumer Price Index?

A: Inflation is outlined as a amendment within the general level of costs of products and services…

Q: What 6 recommendation to reduce inflation of a country ?

A: Inflation occurs when the price of all goods and services increases in the economy. As the money…

Q: 2. In a different economy the CPI went from 150 in 2014 to 130 in 2015. Did this economy experience…

A: The Consumer Price Index (CPI) is a measure of the average change overtime in the prices paid by…

Q: try has the following statistics for 5 years: Year CPI 2012 187.5 2013 198.3 2014 150.2…

A: Year CPI 2012 187.5 2013 198.3 2014 150.2 2015 138.4 2016 126.5

Q: Question 1: In an economy, there are only two goods (Cars and cycles) produced. The data for last…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: 5. The country with the consistently lowest inflation rate over 1980-2010 is a) Japan b) Germany c)…

A: Inflation rate : the rate at which prices increase over time, resulting in a fall in the purchasing…

Q: 5. If the consumer price index was 90 in 2011 and five years later in 2016 it was 120, the…

A: Given :  Consumer price Index (2011) = 90  Consumer price Index (2016) = 120  ( Consumer Price Index…

Q: Last year a movie ticket cost $10. Now a movie ticket cost $12. Which of the following best…

A: Business cycle refers to different phases of an economy which includes expansion and contraction of…

Q: Question 3 Imagine that you are a lender in a loan contract with a nominal interest rate of 14…

A: Question 3 a) Ex ante real interest rate = nominal interest rate - expected inflation = 14% - 5% =…

Q: a) Explain the difference between calculation of inflation through CPI and through the GDP deflator.…

A: In economics, inflation is a general increase in prices of goods and services in an economy. When…

Q: 58. Which of the following groups does NOT stand to benefit from inflation? (A) The government. (B)…

A: Inflation refers to the increase in general price levels in an economy from one period to another.…

Q: 1. What is inflation? 2. What are the causes of inflation? 3. How does government managed inflation?…

A: The economy is the process used for buying and selling goods and services.

Q: The price level was 118.3 in 1988, 124.0 in 1989, and 130.7 in 1990. What were the rates of…

A: The inflation rate shows the persistence increment in the price level in the economy. The inflation…

Q: 1. The CPI is more commonly used as a gauge of inflation than the GDP deflator is because the a. CPI…

A: "Since you have asked multiple question ,we will solve first question for you.If you want specific…

Q: Inflation is defined as increases in the average prices in the economy. The February 2022 inflation…

A: Inflation is defined as the rise in the average price level of commodities and services in the…

Q: Formula Consumer Price Index: CPI=(Price of the Market Basket in Year X)/(Price of the Market…

A: 1 -  Calculating CPI        CPI = (Price of the Market Basket in Year X)/(Price of the Market Basket…

Q: Question 3. The following table contains prices for items consumed by a person over time. Year Price…

A: price index, measure of relative rate changes, which include a sequence of numbers organized in…

Q: Sakshi's expenditure on “education and communication" as a percentage of her total expendure is much…

A: The CPI is described as a measure that analyzes the "weighted average" of P {prices} of a basket of…

Q: In a country, people use only three products (Milk, Apple and Bread) for consumption. A typical…

A: Following formulas are used :- CPI for year X = (Cost of basket in year X / Cost of basket in base…

Q: Refer to Table 2.  What is the rate of inflation between 2010 and 2012?   Question 24 options:   a)…

A: Inflation would be the measure of the rise in the aggregate price level. The inflation would be the…