33: Interpret these Graphs: Name the top 2 items causing inflation per gra Inflation continues to rise. • Main drivers of transport inflation: operation of private vehicles- fuels, parts, etc. (and increasingly, passenger transport services). Purchase of vechicles Operation of personal transport equipment (parts, fuel) Passenger transport services Transport services of goods % kontribusyon sa transportation 20 18 16 14 12 10 2019m1 2019m3 2019m5 2019m7 2019m9 2019m11 2020m1 2020m3 2020m5 2020m7 2020m9 2020m11 2021m1 2021m3 SWIZOZ 2021m7 2021m9 2021m11 2022m1 2022m3 2022m5 2022m7 2022m9 1500 D

33: Interpret these Graphs: Name the top 2 items causing inflation per gra Inflation continues to rise. • Main drivers of transport inflation: operation of private vehicles- fuels, parts, etc. (and increasingly, passenger transport services). Purchase of vechicles Operation of personal transport equipment (parts, fuel) Passenger transport services Transport services of goods % kontribusyon sa transportation 20 18 16 14 12 10 2019m1 2019m3 2019m5 2019m7 2019m9 2019m11 2020m1 2020m3 2020m5 2020m7 2020m9 2020m11 2021m1 2021m3 SWIZOZ 2021m7 2021m9 2021m11 2022m1 2022m3 2022m5 2022m7 2022m9 1500 D

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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B4: Interpret these Graphs: Name the top 2 items causing inflation per graph. Inflation continues to rise. • Main drivers: food, electricity, transport. Food, non-alcoholic beverages Alcoholic beverages Clothing Housing, water, electricity, gas Household furnishings, equipment Health Transport Info and communication Recreation Education Restaurants, hotels Financial services % kontribusyon s 2019m1 2019m3 2019m5 2019m7 2019m9 2019m11 2020m1 2020m3 2020m5 2020m7 2020m9 2020m11 2021m1 2021m3 Source: Author's computations using PSA data. Graph by JC Punongbayan, PhD 2021m5 2021m7 2021m9 2021m11 2022m1 2022m3 2022m5 2022m7 2022m9
(%) 10 9 8 7 6- 5 4 3 2 L 0 SRPC₁ 2 1 2 percent 1 percent 3 percent 0 percent d 3 4 LRPC h a 5 SRPC3 m SRPC₂ 9 6 7 8 10 Unemployment (%) Refer to Figure 17-4. Along SRPC2, what is the expected rate of inflation?
Which country has the highest inflation rate in 2007-8, as shown in the CPI table below? Year Australia United Japan Germany France States 2005-06 100.4 98.7 98.8 100.0 100.0 2006-07 104.4 102.0 99.4 101.5 101.5 2007-08 106.3 104.4 99.2 103.8 102.9 Select one: O a Germany O b. United States O C. Japan O d. Australia Oe. France
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↑ Inflation Measure WPI Headline WPI Headline 1 WPI Food 0.34 WPI Core 0.82 CPI Headline 0.32 CPI Food 0.41 CPI Core -0.04 Inflation Measure WPI Headline WPI Food WPI Core CPI Headline CPI Food CPI Core WPI Headline 1 0.55 0.93 0.58" 0.34" 0.77" A: 1997 02-2008 04 WPI Food WPI Core CPI Headline CPI Food CPI Core 1 0.20 0.90 0.93 0.63 1 0.09 0.26 -0.32 B: 2009 01-2019 04 WPI Food WPI Core CPI Headline CPI Food CPI Core 1 0.27 0.91" 0.89 0.74* 1 0.39 0.10 0.67* Revisit Later 1 0.94 0.81 1 0.92* 0.86* 1 0.58 1 0.61* 1 1 Table 2: Correlation matrix of inflation measures (Please ignore the meaning of the * sign) Q. Based on Table 2, we can draw the conclusion that- Select an option & Clear Response The direction of movement between CPI core and WPI headline is not necessarily the same across the years Post 2008, WPI core and WPI headline have moved in opposite directions Prior to 2009, the correlation between WPI core and WPI headline has been very weak Post 2008, CPI core and WPI headline…
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Which of the following statements explains inflation rate? O a. Inflation rate is useful for knowing the labor force O b. Inflation rate is calculated from consumer price index O. Inflation rate is expressed per 1000 units O d. Inflation rate is used in determining depreciation
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Which of the following describes the interest rate on an investment after calculating the impact of inflation?O NominalO RealO FinancialO Profit
2. Complete the following table. Assume the real interest rate remains constant at 3%. (CPI numbers are for the end of each year.) Year CPI 1 120 2 3 132 Inflation Rate Nominal Wage Real Wage Nominal Interest Rate XXXX XXXX XXXX XXXX 10% 5% $8.00 $7.27 $10.00 13%
Question 4 The prices and quantities in 2010 and 2015 were as follows. 2010: Good 1 $10/15 items; Good 2 $5/20 items. 2015: Good 1 $5/20 items; Good 2 $15/10 items. Compute the 2015 CPI inflation rate using 2010 as the basket. A. 50% B. ..5 OC. 150% OD. 1.5
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