The following data indicate the price indices of lumber (price index for the base period (1982-1984 = 100) during the last 10 years: Period      Price Index 2001            164.5 2011            185.1(a) If the base period (price index= 100) is reset to the year 2001, compute the inflation rate for lumber between 2001 and 2009.(b) If the past trend is expected to continue, how would you estimate the price of lumber in 2014?

Rising Bangladesh exports hold lessons for India: Eco Survey NEW DELHI: The Economic Survey 2021 on Friday suggested that India can take some "lessons" from Bangladesh, a strong exporting nation, and focus on specialising in products in which it is competitive. It said that Bangladesh seems poised to emerge as a dominant exporter as its outbound shipments posted an impressive compounded annual growth rate (CAGR) of 8.6 per cent during 2011-2019, compared to 0.9 per cent for India and 0.4 per cent for the world.Bangladesh's share in world exports has increased from 0.1 per cent in 2011 to 0.3 per cent in 2019.The top five export commodities (from labour intensive sectors such as textiles, apparels and footwear) account for more than 90 per cent of the total exports of Bangladesh since 2015, it said.In case of India, on the other hand, export performance is more broad-based as the top five export commodities jointly constitute around 40 per cent of total exports and these goods are…

Required information As indicated, some of the cash flows are expressed in future (then-current) dollars and others in current-value (today's) dollars. Use a real interest rate of 10% per year and an inflation rate of 6% per year. Year 10 3 4 Cash Flow, $ 19,000 38,500 22,000 28,500 Then-current Then-current Today's NOTE: This is a multi-part question. Once an answer is submitted, you will be unable to return to this part. 17 Expressed As Today's Find the present worth of the estimated cash flows. The present worth of the estimated cash flows is $

A basket of goods and services purchased by an average urban consumer had a cost of $340 in the year 2015, $350 in the year 2016, and $360 in the year 2017. You may assume the base year is 2015. The inflation rate between 2015 and 2016 was the inflation rate between 2016 and 2017. the same as O lower than O it is impossible to say from the information given higher than Next Previous

The table below lists Mistania’s index numbers for its typical consumer’s market basket between 2008 and 2012. Assume 2008 is the base year. Year            Index number2008              1002009          100.468752010            101.8752011              107.52012               115 Calculate the inflation rate between 2009 and 2010

Calculate the inflation rate experienced in 2014 and 2015 based on the CPI for each year below:  Year CPI (as of December 31 of the year) Inflation rate (%) 2013 124.5 Not applicable for 2013 2014 125.2 ? 2015 127.5 ?

If the consumer price index and inflation are currently 214.9 and 8.4%/year.respectively, what was the level of the consumer price index a year ago?

A price index for a basket of goods over four years was calculated to be: 2014 = 92, • 2015 =97, • 2016=100, • 2017=107. Calculate the inflation rate for each year so that you will enter: Blank #1 = Inflation Rate for 2015 Blank #2 = Inflation Rate for 2016 • Blank #3 = Inflation Rate for 2017 What is the base year in this scenario? • Blank #4 = Base year for this basket %3D Round to two decimal places Blank # 1 Blank # 2 Blank # 3 Blank # 4

The CPI-U (U.S. city average, all items) has the following annual averages: a. For each year from 2014 to 2017 determine the annual inflation rate inpercent to two decimal places. b. Because inflation, like interest, is compounded from period to period (e.g., year to year), estimate the overall annual inflation rate per year from 2013 to 2017. Suggestion! Do not simply average the rates of part (a).

Question 2 Part (a) Refer to the table below for a very simple economy producing three goods: education, pizzas and cars. Steel panels are needed for car production, cheese is necessary for making pizzas and projectors are used for educational service. Product Steel panels Education Cars Cheese Pizzas Projectors Quantity 40 400 400 2500 2500 4000 2017 Price $5000 $1000 $10000 $1.50 $9.00 $2000 Quantity 50 450 500 3500 3500 5000 2022 Price $6000 $1100 $12000 $1.50 $12.00 $3000 What is the nominal GDP for the economy in 2022? What was the nominal GDP in 2017? What is the real GDP in 2022 using 2017 prices as base year prices? What is the overall real GDP growth rate between 2022 and 2017? Part (b) Assume for an economy, there are 11.5 million people employed, unemployment rate is 5.2%, labor force participation rate is 64%, number of defence force personnel