same table - using the CPI method, calculate inflation/deflation from 2020 to 2022: CPI Method P*Q+P*Q year Pizza Q Pizza P Shoes Q Shoes P 2020 10 10.00 7 $125.00 2021 12 $ 11.00 11 $150.00 2022 13 $ 12.00 8 $100.00 -0.1540 0.1540 -0.1590 0.1590 -0.1595 0.1595
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- F3SECTION BREAK - Answer All Part Questions Nominal GDP (in sbillion) $600 648 701 755 Year 2019 2020 2021 O c. 2022 Refer to the information above to answer this question. What is the value of the GDP deflator in 2020? O a. 100.0 O b. 103.0 104.6 O d. 108.2 Real GDP (in sbillion) $600 629 658 6991. The price of an item in 2004 was $1.3. Use an inflation rate of 4% to calculate its price in 2030.
- please Analyse major trends.Assume that in 2019 the nominal GDP in Scoob was $ 20 trillion and in 2020 the nominal GDP was $ 24 trillion. What was the growth rate of nominal GDP between in 2020? (give your answers rounded to 1 decimal place) A. 16.7% B. 10.0% C. 20.0% D. 83.3%what can be concluded from the picture.
- Use the CPI table below to answer the following questions: Year CPI 2007 (Base Year) 2008 2009 2010 2011 2012 2013 2014 100 4 a. If an item was worth $2,500 in 2009, how much was it worth in 2014? k 102.8 104.2 105.5 107.4 109.2 112.3 116.6 120.4 122.8 Round up to two decimal places b. If an item was $3,000 in 2010, how much was it worth in 2015? 2015 2016 7If the value of the monetary liabilities at the beginning and at the end of the financial year is OMR 200,000 but the general price index at the beginning of the year is 200 and at the end of the year is 300. How much will be the value of monetary assets as per CPPA. a. OMR 170,000 b. OMR 150,000 c. OMR 300,000 d. OMR 200,000If the value of the monetary assets at the beginning and at the end of the financial year is OMR 150,000 but the general price index at the beginning of the year is 200 and at the end of the year is 300. How much will be the value of monetary assets as per CPPA. a. OMR 225,000 b. OMR 149,000 c. OMR 175,000 d. OMR 150,000
- Qw.02. Compute trend percents for the following accounts using 2020 as the base year. For each of the three accounts, state whether the situation as revealed by the trend percents appears to be favourable or unfavourable Sales Cost of goods sold Accounts receivable Numerator: 2024: 2023: Numerator: 2024 $ 463,414 234,107 22,522 2024: 2023: 2022: 2021: 2020: Is the trend percent for Net Sales favourable or unfavourable? Numerator: I 1 1 1 Trend Percent for Net Sales: 2023 $ 306,897 155,099 17,861 1 1 1 I 1 2022 2021 $ 249,510 $ 175,095 128,255 89,348 10,226 17,042 Trend Percent for Cost of Goods Sold: Denominator: 2024: 2023: 2022: 2021: 2020: Is the trend percent for Cost of Goods Sold favourable or unfavourable? 7 Denominator: 7 1 Trend Percent for Accounts Receivable: Denominator: 2022: 2021: 2020: Is the trend percent for Accounts Receivable favourable or unfavourable? = E # = S U = E = = 2020 $ 129,700 64,850 8,871 Trend percent Trend percent Trend percent 1% %6 % % % % 196 196 56…How does it change from year 1 to year 2? Answer: Real spending is 10 year-1 dollar in year 1, and 20 year-1 dollar in year 2. d. Defining the implicit price deflator as nominal spending divided by real spending, compute the deflator for each year. How does the deflator change from year 1 to year 2? Answer: The implicit price deflator is 1 in year 1, and 0.5 in year 2. Inflation is -50%. E. Suppose that Abby is equally happy eating red or green apples. How much has the true cost of living increased for Abby? Compare this answer to your answers to parts (a) and (d). What does this example tell you about Laspeyres and Paasche price indexes?Consider the following timeline: Date Cash flow 0 ? 1 OA. $472 B. $944 C. $600 D. $614 $100 2 $200 3 $300 If the current market rate of interest is 11%, then the present value (PV) of this timeline as of year 0 is closest to: