Consider the table below.  Year CPI CPI Inflation Real GDP Nominal GDP GDP Deflator GDP Inflation 2005 95.65 x 4569.50 4480.00 98.04 x 2006 100.00 a 4903.50 d 100.00 2.00 2007 b 9.20 5223.00 5743.10 109.96 e 2008 125.86 c f 7135.00 125.87 14.47 Based on the values of the table, what is the correct value for a ? (Please round your answer to include 2 decimal places

Use the following information to calculate the inflation rate (one decimal point) for 2020. CPI index 2019: 112.7 CPI index 2020: 117.7

The following table shows a person's nominal and real wages for three years, as well as the price level (price index) for each year, using the first year as the base year. Fill in the blanks in the table. Then calculate the annual inflation rate for each year (not including the base year). Instructions: Round your answers to 2 decimal places. Nominal Wage ($) Real Wage ($) Inflation Rate (%) Year Price Level 1 7.00 140 5.00 2. 9.00 7.00 150.00 3 11 160.00 7.50

What does the real average hourly earnings for 1965 in 1982-1984 dollars equal?

The rent for tenants in a building in 1940 was $30 per month. The landlord changes the rent based on the CPI-U. Use the CPI-U chart below to calculate the current rent in 2005. Round to the nearest dollar.   Year CPI-U 1940 14.0 1949 23.8 1983 99.6 2000 172.2 2005 195.3 2009 214.5 2014 236.0 2017 245.1 2019 255.7 2020 258.8   $   (b) Show calculations and explain your reasoning.

Using the Consumer Price Index (CPI) detailed in the table below, Year 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 CPI 130.7 136.2 140.3 144.5 148.2 152.4 156.9 160.5 163.0 166.6 172.2 177.1 179.7 184.0 188.9 Instructions: Round your responses to one decimal place. If you are entering any negative numbers be sure to include a negative sign (-) in front of those numbers. a. Calculate the inflation rate for 2007-2008: 2008-2009: 2014-2015: 2015-2016: Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 % % % % CPI 195.3 201.6 207.3 215.3 214.5 218.1 224.9 229.6 233.0 236.7 237.0 240.0 245.1 251.1 255.7 b, c. Which years had inflation? Which years had deflation? In 2007-2008, there was (Click to select) ✓ In 2008-2009, there was (Click to select)

Here are some recent data on the US consumer price index:  Year  CPI  Year  CPI  Year  CPI  2016  240.0  2011  224.9  2006  201.6  2015  237.0  2010  218.1  2005  195.3  2014  236.7  2009  214.5  2004  188.9  2013  233.0  2008  215.3  2003  184.0  2012  229.6  2007  207.3  2002  179.9    Compute the inflation rate of each year 2003-2016 and determine which were years of inflation. In which years did deflation occur? In which years did disinflation occur? Was there hyperinflation in any year?

Table 23-2 A country produces only ice cream and cake in the quantities and prices listed below. Use 2011 as the base year. 9. Refer to Table 23-2. Calculate the rate of inflation for 2012.

The base year is 2010. If the CPI today is 199, what does this mean about consumer prices? A) They have increased by 199% since 2010 B) They have increased by 99% since 2010 C) They have decreased by 199% since 2010. D) They have decreased by 99% since 2010

* Constant or real dollars are terms describing income after adjustment for inflation.  Following chart outlines Zara's (parent company Inditex) annual revenue between 2007 - 2021: Based on the revenue and consumer price index outlined, calculate Zara's 2021 revenue in 2007 real dollars. Year Average CPI Sales in Billion US Dollars 2007 207.34 12.93 2008 215.25 15.11 2009 214.56 15.55 2010 218.08 16.64 2011 224.92 18.94 2012 229.59 20.51 2013 232.95 22.38 2014 236.72 23.75 2015 237.00 23.20 2016 240.01 25.45 2017 245.12 28.91 2018 251.10 30.81 2019 255.65 31.54 2020 258.85 23.55 2021 270.97 31.76               22.74 Billion USD 41.5 Billion USD 31.76 Billion USD 24.3 Billion USD 9.89 Billion USD