The rate of inflation for 2016 was 1.3%. Did the price of Seattle Seahawks tickets exceed the inflation rate? Explain Seahawks tickets 2015: $84.60 Seahawks tickets 2016: $88.20

Answer ASAP please write the formula used please.

(3) Find the trend of a country using the provided CPI based inflation rates Year Inflation rate (%) a Stagflation b Disinflation C Deflation d 2017 2 Creeping inflation 2016 5 2015 6 2014 7 2013 9

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 ?

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Assume you make $140,000 a year.  The rate of inflation in the last year was 15%.  What would your salary need to be in order to compensate for inflation?   Question 28 options:   a)  $161,000   b)  $169,000   c)  $155,000   d)  $145,000

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).

4. Good X Y Z Quantity 10 20 5 Price in 1999 $5 $10 $6 Price in 2000 $6 $10 $10 Assume year 2000 is the base year. a) Calculate the market basket value for each year. What is the consumer price index in 1999? b) What is the inflation rate between 1999 and 2000?

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

Assume the consumer price index (CPI) in 2018 was 95, in 2019 the CPI was 100, and in 2020 the CPI was 105. The annual inflation rate in 2020 is: Select one: a. -5% b. 10% c. 5% d. None of the other options are correct