Same table, what is inflation/deflation from 2019 to 2021 using the Deflator method? year Burkin Bag Burkin Price Nikes 2019 3 $ 100.00 Nikes Price 10 $ 125.00 2020 4 $ 200.00 11 $ 110.00 BASE YEAR 2021 2 $ 140.00 12 $ 135.00 2022 3 $ 125.00 10 $ 120.00 2023 4 $ 175.00 11 $ 150.00 O.1243 O.1373 O.1419 ○ .1528 ○ .1695 Question 6 using the same table, what is deflation/inflation from 2021 to 2022 using the deflator method? year Burkin Bag Burkin Price Nikes Nikes Price 2019 3 $ 100.00 10 $ 125.00 2020 4 $ 200.00 11 $ 110.00 BASE YEAR 2021 2 $ 140.00 12 $ 135.00 2022 3 $ 125.00 10 $ 120.00 2023 4 $ 175.00 11 $ 150.00 О -.0745 ○ -.0894 ○ -.0973 O -10.17 O-1102
Same table, what is inflation/deflation from 2019 to 2021 using the Deflator method? year Burkin Bag Burkin Price Nikes 2019 3 $ 100.00 Nikes Price 10 $ 125.00 2020 4 $ 200.00 11 $ 110.00 BASE YEAR 2021 2 $ 140.00 12 $ 135.00 2022 3 $ 125.00 10 $ 120.00 2023 4 $ 175.00 11 $ 150.00 O.1243 O.1373 O.1419 ○ .1528 ○ .1695 Question 6 using the same table, what is deflation/inflation from 2021 to 2022 using the deflator method? year Burkin Bag Burkin Price Nikes Nikes Price 2019 3 $ 100.00 10 $ 125.00 2020 4 $ 200.00 11 $ 110.00 BASE YEAR 2021 2 $ 140.00 12 $ 135.00 2022 3 $ 125.00 10 $ 120.00 2023 4 $ 175.00 11 $ 150.00 О -.0745 ○ -.0894 ○ -.0973 O -10.17 O-1102
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
Transcribed Image Text:Same table, what is inflation/deflation from 2019 to 2021 using the Deflator method?
year
Burkin Bag Burkin Price Nikes
2019
3 $
100.00
Nikes Price
10 $ 125.00
2020
4 $
200.00
11 $ 110.00
BASE YEAR
2021
2 $
140.00
12 $ 135.00
2022
3 $
125.00
10 $ 120.00
2023
4 $
175.00
11 $ 150.00
O.1243
O.1373
O.1419
○ .1528
○ .1695
Question 6
using the same table, what is deflation/inflation from 2021 to 2022 using the deflator method?
year
Burkin Bag Burkin Price Nikes
Nikes Price
2019
3 $ 100.00
10 $ 125.00
2020
4 $ 200.00
11 $ 110.00
BASE YEAR
2021
2 $
140.00
12 $ 135.00
2022
3 $ 125.00
10 $ 120.00
2023
4 $
175.00
11 $ 150.00
О
-.0745
○ -.0894
○ -.0973
O -10.17
O-1102
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