Question 14 Refer to the information provided in Table 22.6 below to answer the question(s) that follow. Table 22.6 Units Purchased 5. 2014 $1.00 Price per Unit in 2016 $1.50 2015 $1.50 Good A Good B 10 $2.00 $2.50 $3.00 Good C 4. $4.00 $4.50 $5.00 Refer to Table 22.6. If 2014 is the base year, the inflation rate between 2014 and 2016 is 40.2%. 28.7%. 25.1%. 17.4%.

Refer to the information provided in Table 7.5 below to answer the questions that follow. Table 7.5 Price per Unitin 2013 $2.00 $2.00 Units Purchased 2015 2014 $2.00 $2.50 2016 $2.40 Blueberries $2.10 Pineapples Cheese $2.50 $3.00 3 $2.50 $3.00 $3.50 $4.00 Refer to Table 7.5. If 2015 is the base year, the price index in 2015 is Select one: a. 100. b. 10. O c. 1. O d. 1000.

Graces Mino Te Mino Te × Login X ° Mail-Jak x Sign in x IN Graces ng.cengage.com/static/nb/ui/evo/index.html?deploymentId=6099182525254170015498996835&elSBN 978 CENGAGE MINDTAP Chapter 11 Homework Back to Assignment Attempts Average/2 2. Alternative price indexes Because there isn't one single measure of inflation, the government and researchers use a variety of methods to get the most balanced picture of how prices fluctuate in the economy. Two of the most commonly used price indexes are the consumer price index (CPI) and the GDP deflator. The GDP deflator for this year is calculated by dividing the However, the CPI reflects only the prices of all goods and services using using by the and multiplying by 100. Indicate whether each scenario will affect the GDP deflator or the CPI for the United States. Check all that apply. Scenario An increase in the price of a Smooth Streets Industries pothole puncher, which is commercial construction equipment made in the U.S. but not bought by U.S.…

Purchase of tables and chairs by a restaurant is ___________ expenditure