B4: Interpret these Graphs: Name the top 2 items causing inflation per grap Inflation continues to rise. • Main drivers: food, electricity, transport. Food, non-alcoholic beverages Alcoholic beverages Clothing Housing, water, electricity, gas Household furnishings, equipment Health Transport Info and communication Recreation Education Restaurants, hotels Financial services % kontribusyon sa pangkalahatang 8 - -

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter7: Unemployment And Inflation
Section: Chapter Questions
Problem 7E
icon
Related questions
Question
B4: Interpret these Graphs: Name the top 2 items causing inflation per graph.
Inflation continues to rise.
• Main drivers: food, electricity, transport.
Food, non-alcoholic beverages Alcoholic beverages Clothing Housing, water, electricity, gas
Household furnishings, equipment Health Transport Info and communication Recreation Education
Restaurants, hotels Financial services
% kontribusyon s
2019m1
2019m3
2019m5
2019m7
2019m9
2019m11
2020m1
2020m3
2020m5
2020m7
2020m9
2020m11
2021m1
2021m3
Source: Author's computations using PSA data. Graph by JC Punongbayan, PhD
2021m5
2021m7
2021m9
2021m11
2022m1
2022m3
2022m5
2022m7
2022m9
Transcribed Image Text:B4: Interpret these Graphs: Name the top 2 items causing inflation per graph. Inflation continues to rise. • Main drivers: food, electricity, transport. Food, non-alcoholic beverages Alcoholic beverages Clothing Housing, water, electricity, gas Household furnishings, equipment Health Transport Info and communication Recreation Education Restaurants, hotels Financial services % kontribusyon s 2019m1 2019m3 2019m5 2019m7 2019m9 2019m11 2020m1 2020m3 2020m5 2020m7 2020m9 2020m11 2021m1 2021m3 Source: Author's computations using PSA data. Graph by JC Punongbayan, PhD 2021m5 2021m7 2021m9 2021m11 2022m1 2022m3 2022m5 2022m7 2022m9
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Consumer Price Index
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Economics:
Economics:
Economics
ISBN:
9781285859460
Author:
BOYES, William
Publisher:
Cengage Learning
Principles of Economics 2e
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax
ECON MACRO
ECON MACRO
Economics
ISBN:
9781337000529
Author:
William A. McEachern
Publisher:
Cengage Learning
Macroeconomics: Principles and Policy (MindTap Co…
Macroeconomics: Principles and Policy (MindTap Co…
Economics
ISBN:
9781305280601
Author:
William J. Baumol, Alan S. Blinder
Publisher:
Cengage Learning
MACROECONOMICS
MACROECONOMICS
Economics
ISBN:
9781337794985
Author:
Baumol
Publisher:
CENGAGE L
Economics Today and Tomorrow, Student Edition
Economics Today and Tomorrow, Student Edition
Economics
ISBN:
9780078747663
Author:
McGraw-Hill
Publisher:
Glencoe/McGraw-Hill School Pub Co