The price of oil is rising at 10% per year while inflation is just 2.5% per year. If the current price of oil is $45 per barrel, what would be the price of oil ten years from now in real dollars?

Use the information in the table to calculate the %change in prices (inflation rate), using a chain-weighted methodology. Q1=2 Q2=3 Year (t) P1 E1 P2 E2 E(t) 2017 $1.05 $2.00 2018 $1.10 $2.10 2019 $1.10 $2.15 2020 $1.15 $2.15 Price Index Inflation Rate 2017 2018 2019 2020 Question 1: What is the inflation rate for 2019? a) 1.76% b) 1.16% c) -0.60% d) -3.02

Suppose a person works hard at a job after graduation and after her first year, her effort is rewarded with a 3% raise when the average wage increase in her company is 2%. Later, the government releases its inflation report and says that the inflation rate is 7%.   Given this information, which of the following is true regarding her standard of living?   Her standard of living has improved because the 3% raise is enough to offset the average rise in prices.   Her standard of living did not improve because the purchasing power of her income is less than it was last year.   Her standard of living has remained the same because the rate of inflation does not influence purchasing power.   Her standard of living has increased by the amount of inflation, namely, 7%.

Calculate what will be the nominal interest rate at any given loan if the inflation is 3.2% and the real interest rate is 0.8 %