8. If the CPI in the base year is 3000, what is it in 2014 9. If the CPI in the base year is 3000 what is it in 2010.

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Measuring Inflation means to use the (CPI in Year 2-CPI in Year 1)/CPI Year 1 ) x 100
Therefore, if the C equals 75 in 2010 90 in 2011 100 in 2012 140 in 2013 150 in 2014
5. Which year above is the base year
Merle
6. What is the inflation rate from 2012 to 2013
7. What is the inflation rate from 2013 to 2014
8. If the CPI in the base year is 3000, what is it in 2014
9. If the CPI in the base year is 3000 what is it in 2010
?
?
Transcribed Image Text:Measuring Inflation means to use the (CPI in Year 2-CPI in Year 1)/CPI Year 1 ) x 100 Therefore, if the C equals 75 in 2010 90 in 2011 100 in 2012 140 in 2013 150 in 2014 5. Which year above is the base year Merle 6. What is the inflation rate from 2012 to 2013 7. What is the inflation rate from 2013 to 2014 8. If the CPI in the base year is 3000, what is it in 2014 9. If the CPI in the base year is 3000 what is it in 2010 ? ?
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