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The CPI in year 1 is 125, in year 2 is 130, and in year 3 is 135. What is the inflation rate in each of the years?
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- Calculate the rate of inflation if the CPI for 2016 is 147 and the CPI for 2017 is 154Bell-land's CPI for 2017 was 200. The CPI for 2016 was 190 and for 2015 the CPI was 180. What was the inflation rate for 2017?At the end of 1989, the consumer price index was 105. At the end of 1990, the CPI was 110. Calculate the inflation rate between these two periods.
- The CPI was 145 in one year and 153 in the following year. What was the inflation rate between the two years?Here are values of the CPI (multiplied by 100) for each year from 2000 to 2010. For each year beginning with 2001, calculate the rate of inflation from the previous year. Year CPI Inflation Rate (%) 2000 133.7 2001 139.2 2002 143.3 2003 147.5 2004 151.2 2005 155.4 2006 159.9 2007 163.5 2008 166 2009 169.6 2010 175.2In 1990, the CPI was 130.7 and in 1996 the CPI was 156.9. What was the rate of inflation over this period of time? If a price index rose from 14.3 in 1985 to 34.1 in 2010, what would be the inflation rate over the period?
- The CPI (using a 2020 base year) for 2000 is 65.0. Suppose a household's annual take-home pay in 2000 was $48,500. What would be an equivalent take-home pay in 2020?If the CPI was 110 last year and is 121 this year, what is this year's inflation rate? In contrast, suppose that the CPI was 110 last year and is 108 this year. What is this year's inflation rate?Use the information in the table to calculate a consumer price index (CPI) and the inflation rate. The base year is 1975. Round answers to two decimal places. Market basket Quantity 1975 prices 1976 prices A dozen eggs 29 $1.10 $1.70 Calculator 19 $15.00 $17.00 Microwave oven 9 $180.00 $230.00 What is the CPI for 1975?
- Use the following information to calculate the inflation rate (one decimal point) for 2020. CPI index 2019: 112.7 CPI index 2020: 117.7Assume the CPI for 2015 and 2016 were 238 and 243 respectively. What was the inflation rate between those two years?Below is a list of annual CPI values for the years 2000-2003. Using these values please calculate the average annual rate of inflation over this period. Table Year CPI 2000 200.2 2001 205.6 2002 208.2 2003 209.1 4.45% 1.46% 2.97%