Considering the following data: Includes the procedure 2021 INPC   April 103.531 March 103.476 February 103.079 January 103.108 (a) Currently (April 2021) you sell vases at a price of $ 14 pesos. You are going to request a loan which you must pay for the next five years. The condition that the bank asks you is that during the loan period the sale price of the vases is indexed to inflation. Considering the above, what would be the price under which you would sell your vases in April 2024? _______________ Hint: You hired an economic consultant and he tells you that the expected CPI for April 2024: 154,745 Includes procedure (b) In 2000, the minimum wage was established to be $ 37.90 (The INPC for January 2000 was 44,931). If by law inflation is indexed to salary, what should the salary be for April 2021? ________________. Considering that the current salary (April 2021) is $ 102.68, we can conclude that with respect to the year 2000, the minimum salary that is paid in Mexico it has been losing its purchasing power (T / F) __________ Includes procedure (c) Using the INPC method, calculate the monthly inflation for April 2021__________ Includes procedure

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Considering the following data: Includes the procedure

2021 INPC  
April 103.531
March 103.476
February 103.079
January 103.108

(a) Currently (April 2021) you sell vases at a price of $ 14 pesos. You are going to request a loan which you must pay for the next five years. The condition that the bank asks you is that during the loan period the sale price of the vases is indexed to inflation. Considering the above, what would be the price under which you would sell your vases in April 2024? _______________
Hint: You hired an economic consultant and he tells you that the expected CPI for April 2024: 154,745 Includes procedure

(b) In 2000, the minimum wage was established to be $ 37.90 (The INPC for January 2000 was 44,931). If by law inflation is indexed to salary, what should the salary be for April 2021? ________________. Considering that the current salary (April 2021) is $ 102.68, we can conclude that with respect to the year 2000, the minimum salary that is paid in Mexico it has been losing its purchasing power (T / F) __________ Includes procedure


(c) Using the INPC method, calculate the monthly inflation for April 2021__________ Includes procedure

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