Try another version of this question (a) Suppose that a typical market based in Japan consists of `140` Oranges and `290` Jackets.
The table below shows data on prices for Oranges and Jackets in Japan for three years. Assume that the base year is 2014. Given this data, what is the price of the basket in 2014?
(b) Suppose that a typical market basket in China consists of `180` Oranges and `240` Textbooks.
The table below show data on prices for Oranges and Textbooks in China for three years. Assume that the base year is 2014. Given this data, what is the price of the basket in 2015?
(c) Suppose that a typical market basket in Mexico consists of `100` Apples and `270` Textbooks.
The table below shows data on prices for Apples and Textbooks in Mexico 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 Canada consists of `170` Oranges and `280` Bags.
The table below show data on prices for Oranges and Bags in Canada 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 China consists of `170` Pineapples and `240` Bags.
The table below shows data on prices for Pineapples and Bags in China for three years. Assume that the base year is 2016. Given this data, what is CPI in 2015?
(f) Suppose that a typical market basket in China consists of `150` Pineapples and `210` Bags.
The table below shows data on prices for Pineapples and Bags 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 China consists of `190` Apples and `300` Bags.
The table below show data on prices for Apples and Bags in China for three years. Assume that the base year is 2016. 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 Jackets 2014 2 140 2015 1.1 220 2016 1.6 100 Year Price of Oranges Price of Textbooks 2014 1.2 160 2015 1.1 120 2016 0.8 210 Year Price of Apples Price of Textbooks 2014 0.9 200 2015 1.2 90 2016 1.6 90 Year Price of Oranges Price of Bags 2014 1.5 130 2015 1 200 2016 1.1 100 Year Price of Pineapples Price of Bags 2014 2 180 2015 0.9 150 2016 0.9 170 Year Price of Pineapples Price of Bags 2014 1.9 110 2015 0.8 130 2016 1 90 Year Price of Apples Price of Bags 2014 1 130 2015 1.1 140 2016 1.2 220
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