Suppose that the nominal interest rate in Mexico is 13.9%. In addition, the inflation rate is equal to 1.6%.

Given this information, what is the real interest rate in Mexico?

%

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 the price of Apples in 1960 is $1.1 and in 2012 it is $1.4. In addition, you also know that the CPI in 1960 is 170 and in 2012 it is 200.

Given this information, what is the real value of Apples in 1960?

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 the price of Apples in 1979 is $0.9 and in 2016 it is $2.1. In addition, you also know that the CPI in 1979 is 140 and in 2016 it is 260.

Given this information, what is the real value of Apples 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 the price of Avocados in 1954 is $1.6 and in 2003 it is $2.7. In addition, you also know that the CPI in 1954 is 140 and in 2003 it is 180.

Given this information, what is the change in the real value of Avocados between 1954 and 2003.

%

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 accountant earned 27000 in 1951. In addition, you know that in 1989 a typical accountant earns 64000. Finally, you also know that the CPI in 1951 is 180 and in 1989 is 260.

Given this information, accountant's 1951 salary in 1989 dollars is:

$

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 accountant earned 30000 in 1964. In addition, you know that in 1990 a typical accountant earns 91000. Finally, you also know that the CPI in 1964 is 80 and in 1990 is 250.

Given this information, accountant's 1990 salary in 1964 dollars is:

$

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 professor earned 23000 in 1967. In addition, you know that in 1993 a typical professor earns 75000. Finally, you also know that CPI in 1967 is 120 and in 1993 is 240.

Given this information, the salary of a typical professor in 1993 relative to 1967 is:

Hint

Box 1: Select the best answer

The price index was 100 in one year and 240 in the next.

What is the inflation rate?

%

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