Try Another Version of These Questions

Suppose that a typical market based in Japan consists of 170 Avocados and 230 Textbooks.

The table below shows data on prices for Avocados and Textbooks in Japan for three years.

Year | Price of Avocados | Price of Textbooks |
---|---|---|

2014 | 1.2 | 160 |

2015 | 0.9 | 210 |

2016 | 1 | 130 |

Assume that the base year is 2016.

Given this data, what is the price of the basket in 2014?

Hint

Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172

Enter DNE for Does Not Exist, oo for Infinity

Suppose that a typical market basket in Japan consists of 130 Pineapples and 240 Jackets.

The table below show data on prices for Pineapples and Jackets in Japan for three years.

Year | Price of Pineapples | Price of Jackets |
---|---|---|

2014 | 1.6 | 120 |

2015 | 1 | 80 |

2016 | 1.5 | 200 |

Assume that the base year is 2015.

Given this data, what is the price of the basket in 2015?

Hint

Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172

Enter DNE for Does Not Exist, oo for Infinity

Suppose that a typical market basket in the US consists of 150 Apples and 240 Jackets.

The table below shows data on prices for Apples and Jackets in the US for three years.

Year | Price of Apples | Price of Jackets |
---|---|---|

2014 | 1.1 | 100 |

2015 | 1 | 150 |

2016 | 0.9 | 150 |

Assume that the base year is 2016.

Given this data, what is the price of the basket in 2016?

Hint

Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172

Enter DNE for Does Not Exist, oo for Infinity

Suppose that a typical market based in Japan consists of 120 Avocados and 270 Bags.

The table below show data on prices for Avocados and Bags in Japan for three years.

Year | Price of Avocados | Price of Bags |
---|---|---|

2014 | 0.5 | 100 |

2015 | 1 | 80 |

2016 | 0.8 | 150 |

Assume that the base year is 2014.

Given this data, what is CPI in 2014?

Hint

Enter DNE for Does Not Exist, oo for Infinity

Suppose that a typical market basket in Mexico consists of 120 Apples and 220 Jackets.

The table below shows data on prices for Apples and Jackets in Mexico for three years.

Year | Price of Apples | Price of Jackets |
---|---|---|

2014 | 1.1 | 150 |

2015 | 0.8 | 170 |

2016 | 0.9 | 90 |

Assume that the base year is 2016.

Given this data, what is CPI in 2015?

Hint

Enter DNE for Does Not Exist, oo for Infinity

Suppose that a typical market basket in Mexico consists of 120 Pineapples and 230 Textbooks.

The table below shows data on prices for Pineapples and Textbooks in Mexico for three years.

Year | Price of Pineapples | Price of Textbooks |
---|---|---|

2014 | 1.2 | 100 |

2015 | 1 | 100 |

2016 | 1.5 | 150 |

Assume that the base year is 2014.

Given this data, what is CPI in 2016?

Hint

Enter DNE for Does Not Exist, oo for Infinity

Suppose that a typical market basket in Norway consists of 150 Apples and 210 Bags.

The table below show data on prices for Apples and Bags in Norway for three years.

Year | Price of Apples | Price of Bags |
---|---|---|

2014 | 0.5 | 200 |

2015 | 0.9 | 110 |

2016 | 1.1 | 110 |

Assume that the base year is 2016.

Given this data, what is the inflation rate between 2014 and 2015?

Hint

Enter DNE for Does Not Exist, oo for Infinity

Suppose that a typical market basket in Mexico consists of 170 Apples and 290 Jackets.

The table below shows data on prices for Apples and Jackets in Mexico for three years.

Year | Price of Apples | Price of Jackets |
---|---|---|

2014 | 2 | 190 |

2015 | 0.9 | 200 |

2016 | 1.6 | 130 |

Assume that the base year is 2014.

Given this data, what is the inflation rate between 2015 and 2016?

Hint

Enter DNE for Does Not Exist, oo for Infinity