6th Edition

ISBN: 9780134506470

Author: Pirnot

Publisher: PEARSON

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Textbook Question

Chapter 8.2, Problem 48E

The Consumer Price Index (CPI) is a measure of inflation obtained by comparing current prices with base prices in 1982–84. We can find the inflation rate for a given time period by calculating the percent of change in the CPI over that time period. For example, the CPI in 2005 was 195.3 and in 2009 it was 214.5, so the inflation rate was 214.5 − 195.3 195.3 ≈ 0.098 = 9.8 % . Use the given graph to do Exercises 47–50. Your answers may vary slightly due to rounding.

Chapter 8.2, Problem 48E, The Consumer Price Index CPI is a measure of inflation obtained by comparing current prices with

Effect of inflation on the cost of textbooks.

a. Calculate the inflation rate from 2000 to 2015.

b. If a textbook cost $147 in 2000, use the inflation rate from part (a) to estimate the cost of the book in 2015.

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Chapter 8.2, Problem 47E

Chapter 8.2, Problem 49E

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A: Tan Latitude / Tan P A = Tan 04° 30'/ Tan 77° 50.3' A= 0.016960 803 S CA named opposite to latitude, except when hour angle between 090° and 270°) B: Tan Declination | Sin P B Tan 052° 42.1'/ Sin 77° 50.3' B = 1.34 2905601 SCB is alway named same as declination) C = A + B = 1.35 9866404 S CC correction, A+/- B: if A and B have same name - add, If different name- subtract) = Tan Azimuth 1/Ccx cos Latitude) Tan Azimuth = 0.737640253 Azimuth = S 36.4° E CAzimuth takes combined name of C correction and Hour Angle - If LHA is between 0° and 180°, it is named "west", if LHA is between 180° and 360° it is named "east" True Azimuth= 143.6° Compass Azimuth = 145.0° Compass Error = 1.4° West Variation 4.0 East Deviation: 5.4 West

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Chapter 8 Solutions

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Solution Summary: The author calculates the inflation rate for a given time period by calculating the percent of change in CPI.

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