Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
* Constant or real dollars are terms describing income after adjustment for inflation.
Following chart outlines Zara's (parent company Inditex) annual revenue between 2007 - 2021:
Based on the revenue and
Year | Average CPI | Sales in Billion US Dollars |
2007 | 207.34 | 12.93 |
2008 | 215.25 | 15.11 |
2009 | 214.56 | 15.55 |
2010 | 218.08 | 16.64 |
2011 | 224.92 | 18.94 |
2012 | 229.59 | 20.51 |
2013 | 232.95 | 22.38 |
2014 | 236.72 | 23.75 |
2015 | 237.00 | 23.20 |
2016 | 240.01 | 25.45 |
2017 | 245.12 | 28.91 |
2018 | 251.10 | 30.81 |
2019 | 255.65 | 31.54 |
2020 | 258.85 | 23.55 |
2021 | 270.97 | 31.76 |
22.74 Billion USD
41.5 Billion USD
31.76 Billion USD
24.3 Billion USD
9.89 Billion USD
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