QuestionQuestion 2.Full explain this question and text typing work only We should answer our question within 2 hours takes more time then we will reduce Rating Dont ignore this line K-Real-Time Data Analysis ExerciseUsing the data provided below, calculate the inflation rate from April 2021 to April 2022 as measured by each of the three price indexes. (Enter your responses rounded to two decimal places)Value inValue inApril 2022Inflationrate288.66121.56Price IndexConsumer Price Index for All Urban Consumers: All ItemsPersonal Consumption Expenditures (Chain-type Price Index)Personal consumption expenditures excluding food and energy(Chain-type Price Index) 116.19"Real-time data provided by Federal Reserve Economic Data (FRED), Federal Reserve Bank of Saint Louis122.03April2021266.73114.24%

Inflation rate between Apr'21 and Apr'22 = (Price index in Apr'22 - Price index in Apr'21) / Price…

Real-Time Data Analysis Exercise Using the data provided below, calculate the inflation rate from April 2021 to April 2022 as measured by each of the three price indexes. (Enter your responses rounded to two decimal places) Value in April 2021 Value in April 2022 266.73 114.24 Inflation rate Price Index Consumer Price Index for All Urban Consumers: All Items Personal Consumption Expenditures (Chain-type Price Index) Personal consumption expenditures excluding food and energy (Chain-type Price Index) 116.19 "Real-time data provided by Federal Reserve Economic Data (FRED), Federal Reserve Bank of Saint Louis 122.03 288.66 121.56 0%

Real-Time Data Analysis Exercise Using the data provided below, calculate the inflation rate from April 2021 to April 2022 as measured by each of the three price indexes. (Enter your responses rounded to two decimal places) Value in April 2021 Value in April 2022 266.73 114.24 Inflation rate Price Index Consumer Price Index for All Urban Consumers: All Items Personal Consumption Expenditures (Chain-type Price Index) Personal consumption expenditures excluding food and energy (Chain-type Price Index) 116.19 "Real-time data provided by Federal Reserve Economic Data (FRED), Federal Reserve Bank of Saint Louis 122.03 288.66 121.56 0%

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter6: Tracking The U.s. Economy

Section: Chapter Questions

Problem 4.8P

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