Try another version of this question (a) Suppose that a typical market based in the US consists of `130` Oranges and `230` Bags.
The table below shows data on prices for Oranges and Bags in the US for three years. Assume that the base year is 2015. Given this data, what is the price of the basket in 2014?
(b) Suppose that a typical market basket in the US consists of `180` Avocados and `200` Jackets.
The table below show data on prices for Avocados and Jackets in the US for three years. Assume that the base year is 2016. Given this data, what is the price of the basket in 2015?
(c) Suppose that a typical market basket in Norway consists of `190` Pineapples and `290` Bags.
The table below shows data on prices for Pineapples and Bags in Norway for three years. Assume that the base year is 2014. Given this data, what is the price of the basket in 2016?
(d) Suppose that a typical market based in Japan consists of `190` Pineapples and `290` Jackets.
The table below show data on prices for Pineapples and Jackets in Japan for three years. Assume that the base year is 2016. Given this data, what is CPI in 2014?
(e) Suppose that a typical market basket in Canada consists of `170` Apples and `280` Textbooks.
The table below shows data on prices for Apples and Textbooks in Canada for three years. Assume that the base year is 2015. Given this data, what is CPI in 2015?
(f) Suppose that a typical market basket in China consists of `170` Pineapples and `210` Jackets.
The table below shows data on prices for Pineapples and Jackets in China for three years. Assume that the base year is 2016. Given this data, what is CPI in 2016?
(g) Suppose that a typical market basket in Slovenia consists of `200` Avocados and `220` Jackets.
The table below show data on prices for Avocados and Jackets in Slovenia for three years. Assume that the base year is 2014. Given this data, what is the inflation rate between 2014 and 2015?
Assume that the base year is 2014. Given this data, what is the inflation rate between 2015 and 2016?
Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 2: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 3: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 4: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 5: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 6: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 7: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 8: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172Year Price of Oranges Price of Bags 2014 1.7 170 2015 1.2 150 2016 1.6 210 Year Price of Avocados Price of Jackets 2014 1.6 170 2015 0.8 190 2016 1.2 120 Year Price of Pineapples Price of Bags 2014 1.7 150 2015 1.1 170 2016 0.8 110 Year Price of Pineapples Price of Jackets 2014 1.5 160 2015 1.1 190 2016 1.5 140 Year Price of Apples Price of Textbooks 2014 0.8 140 2015 1.1 140 2016 1.5 100 Year Price of Pineapples Price of Jackets 2014 1.7 180 2015 1.2 130 2016 1.5 120 Year Price of Avocados Price of Jackets 2014 0.7 200 2015 0.9 100 2016 0.9 180
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity