a year. In 19 years how much will you need to earn per year to maintain the same purchasing power if inflation is 1.50% per year? Your Answer:
Q: Give an example of "administrative costs and inefficiencies of inflation that happened in Lebanon
A: Administrative costs are defined as costs or expenses incurred by an organization which are not…
Q: If the rate of Inflation is 14 percent per year, the price level will double In about Multiple…
A: Given, Rate of inflation = 14%
Q: If the inflation rate is 3% per year, how many years will it take for the cost of an item to double,…
A: Given:Inflation Rate=3% per year
Q: What is the average inflation rate?
A: The rise in the price of services and commodities over time is said as inflation.
Q: The current inflation is 10%, and it is considered as too high. If the sacrifice ratio is four. How…
A: Microeconomics is that the study of however individuals create small-scale selections. It differs…
Q: In 2002, the population of Province P was 950,000, and its income was P 4.7B. In 2003, the…
A: Given: 2002: Population: 950000, income=4.7 B 2003: Population: 10,00,000, income=5.1 B
Q: What are the types of Inflation?
A: Inflation is said to a sudden rise in the prices of the goods and services over a period of time in…
Q: The "Rule of 72" is a reliable guide to the impact of inflation. It is based on dividing 72 by the…
A: The rule of 72 basically estimates the number of years in which any investment/GDP/etc doubles with…
Q: You would like to buy a house that is currently on the market at $15,000, but you cannot afford it…
A: The market value (present value) = $15000 Number of years (n ) = 15 years Interest rate = 8%
Q: You are a social media business with excess capacity of 50% on your computer server; if you stay…
A: The opportunity cost is the gain forgone for the other alternative or it is the next best available…
Q: An economist has predicted that there will be a 7% per year inflation of prices during the next 10…
A: Given Information: Predicted inflation rate = 7% = 0.07% Years = 10 years Item's present price = $10…
Q: To find the average inflation rate, how can we establish the equivalence?
A: Average inflation rate can be referred as the effect of changing yearly inflation rate over a period…
Q: How can we determine the economic loss (or gain) in present worth caused by inflation?
A: Present worth is defined as the present value of the future amount of money or income for a given…
Q: If you are looking for a 4% real return (inflation-free interest) on your investment, would you be…
A: The nominal interest rate can be calculated as follows: Thus, the nominal interest rate is 9.2%
Q: Despite low rates of inflation, the cost of a college education continues to skyrocket. This is a…
A: On average, tuition has increased 100% since 2001, even after accounting for inflation. In recent…
Q: Over the last 10 years, the average rate of inflation has been 1.61%. what is the purchasing power…
A: Inflation is the increase in prices of goods and services over a given period of time. Purchasing…
Q: 2020 quantity 50 20 5 Assume a hypothetical economy where consumers buy only potatoes, meat and…
A: Inflation is the rate at which the value of a currency is falling and, consequently, the general…
Q: how to calculate inflation rate of 10 consecutive years of a country with the gdp growth rate?
A: Inflation is the process through which the cost of goods and services rises over time, lowering the…
Q: Suppose a family's Income increases by 5 percent at the same time that inflation Is 2 percent. Then…
A: Change in real income can be calculated as follows.
Q: QUESTION 10 If prices grow by 2.9% every year, over 9 years, what is the total inflation rate? Write…
A:
Q: f inflation is 4 percent per year and you receive a 3 percent raise in income, t
A: Inflation 4% Income rises by 3%
Q: f a country’s population growth rises faster than its economic growth, what type of inflation will…
A: The growth in population in any nation will lead to an increase in the demand for all goods and…
Q: With no inflation, a bank would be willing to lend a business firm $5 million at an annual interest…
A: The bank is more concerned about a real interest rate. The real interest rate = Nominal interest…
Q: Suppose that you also take out a $1,000 loan at the Cavalier Credit Union. The loan agreement…
A: First, we need to understand the difference between the nominal interest rate and the real interest…
Q: Define the term inflation-adjusted required rate of return?
A: The required rate of return refers to the minimum level of a return that is expected out of an…
Q: The "Rule of 72" is a reliable guide to the impact of inflation. It is based on dividing 72 by the…
A: The rule of 72 basically estimates the number of years in which any investment/GDP/etc. doubles with…
Q: rue or False 1. Inflation is the real reason why our country cannot just print more bills or…
A: Note: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…
Q: Economic growth and money growth rates are 4% and 9%, respectively. Then, the rate of inflation is
A: The data presented in the question above is as follows:- Economic growth = 4% Money growth rates =…
Q: A piece of land purchased by Ali earlier, is not going to earn profit by selling it during high…
A: Disclaimer ;-as you posted multiple questions we are supposed to solve the first one only.…
Q: Over the last 10 years, the average rate of inflation has been 1.51%. What is the purchasing power…
A: Inflation refers to the increase in the general price level in an economy from one year to another.…
Q: how important is the inflation for the common people in the community? explain.
A: The growth in the average price level of a basket of selected goods and services in an economy over…
Q: Your pension is $8,000 per month when you the next year, inflation is 1%. If your pension is indexed…
A: Inflation decreases our purchasing power so Pension income is increased to compensate for that. You…
Q: oger Marquez purchases a lot for $ 40,000 cash and plans to sell it after 5 years for $ 122,461. If…
A: Nominal Interest Rate = Real Interest Rate and Inflation Rate (1 + i ) = ( 1 + r ) * ( 1 + c )…
Q: An economist has predicted 2% inflation during the next 10 years. How much will an item that…
A: The future value can be calculated by using the following formula:
Q: Why does the ‘inflation tax’ transfer resources from working people to the government? Explain…
A: In economics, inflation is defined as the gradual rise in the price of goods and services in a given…
Q: How many years will it take for the dollar's purchasing power to be one-thirdwhat it is now, if the…
A: The future value of money can be calculated by the formula, F = P (1+r)n where F is the future…
Q: If the CPI was 110 last year and is 121 this year, what is this year’s rate of inflation? What is…
A: CPI or the Consumer Price Index refers to the price indices for the basket of commodities used for…
Q: The CPI in period 1 is 150 and the CPI in period 2 is 200. What is the rate of inflation between…
A: Consumer price index (CPI) measures the price change of a particular bundle of goods from different…
Q: Determine the economic loss or gain in the present worth caused by inflation?
A: Present worth is defined as the present value of the future amount of money or income for a given…
Q: The inflation rate is expected to be 8% per year into the foreseeable future. How many years will it…
A: The purchasing power of a currency basically refers to as the quantity of products or services that…
Q: Study the associated figure. Adjusted for inflation, during which years during the period shown did…
A: As per the graph, in 1950 – 52, the actual price of gas was lowest. But, if seen in terms of 2016…
Q: What are some of the costs that inflation is imposing on Zimbabweans?
A: The term "inflation" refers to an increase in the general price level of the economy. Hyperinflation…
Q: What is the projection of the BSP regarding the inflation in the coming months?
A: The economists at BSP forecast the inflation rate and try to frame the policies according to it. It…
Q: The inflation rate between the years 2000 and 2001 was 2.45%. Based on this information, a basket of…
A: The inflation has increased between these two periods. Hence, price that is paid in 2001 would be…
Q: Consider an economy that has a steady inflation rate of 1.5 percent per year. In such an economy, in…
A: Answer: Initial value (P) = $1 Amount needed/final amount (A)= $1/2 (amount is half a dollar…
Q: Imagine that the interest rate on your savings account is 1.5% APR and inflation is 2% per year.…
A: Inflation basically refers to the rise in the average price level of goods and services in an…
Q: Jeff just received a refund of $2,178 from his family physician. This was anoverpayment on his…
A: Future worth can be calculated as follows:…
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- If inflation has been running at 2.2% per year and a washing machine costs $460 today, what would it hace cost three years ago? What is the interest rate per period? i=You accepted a new job 5 years ago and since that time, your performance has been stellar. You started at $60,000 and have received the same % raise each year of these last 5 years: your salary is now $72,999.17. If inflation was steady at 4.5%, are you doing better now than when you started?Typically, how is inflation measured? daily weekly monthly quarterly annually
- You would like to buy a house that is currently on themarket at $85,000, but you cannot afford it right now. However, you think that youwould be able to buy it after 5 years. If the expected inflation rate as applied to the priceof this house is 7% per year, what is its expected price after four years?First month's shopping cart total is 565.54$ (base month) Second month's shopping cart total is 568.19$ Calculate the inflation rate SHOWING THE CALCULUS YOU MADE please write it clearly, preferably not on paperwrite on paper 1- The current gasoline price is $4.50 per gallon, and it is projected to increase by 5% the next year, 7% the following year, and 8% the third year. What is the average inflation rate for the projected gasoline price for the next three years?
- John bought his car 3 years ago worth 230,000, his friend Joshua bought the same model this year costing 320,000. Compute for the inflation rate. Rate: % (2 decimal places)If the inflation rate is 3%, how much will a house now worth $510,000 be worth in 5 years?You would like to buy carcar t is currently on themarket at $85,000, but you cannot afford it right now. However, you think that youwould be able to buy it after 4 years. If the expected inflation rate as applied to the priceof this car is 6% per year, what is its expected price after 4 years?
- Forty years ago, a gallon of gas cost $1.20. Today, a gallon of gas costs 2.60. Suppose that the gas price increase has been entirely due to inflation. a. Calculate the annual inflation rate. b. Today, you plan to make a cash purchase for a new car. The Model K costs $24,000 and you estimate the car will last 10 years and require 600 gallons per year. The Model M costs $28,000 but gets better mileage, so it will only require 400 gallons per year. The cars are identical in all other respects, and they will both be worthless after 10 years. Assume that gas prices will rise by the rate of inflation (that you calculated in part a. Further assume that all gas expenditures are incurred at the end of the year. If the nominal interest rate is 9% per year, which car should you purchase? Show all calculations and explain carefully.Somebody has bought US Dollar with half of his money and Euro with other half. Dollar has gained value over national currency by 1.6% each month and Euro 2.1% each month. The average monthly inflation rate is 1.3. Find the percentage earn of him/her at the end of 10 months.Over the last 10 years, the average rate of inflation has been 1.51%. What is thepurchasing power of a dollar today in terms of what a dollar could purchase in 2012?