#22 Inflation rate in 2001 was ? 11. Taking 2002 as the base year (2002 - 100),
ID: 1104782 • Letter: #
Question
#22 Inflation rate in 2001 was ? 11. Taking 2002 as the base year (2002 - 100), the consumer price index a. 33.34 12. Taking 2002 as the base year (2002 - 100), the consumer price index in a. 100.00 13. Taking 2002 as the base year, real GDP in 2000 was 14. Taking 2002 as the base year, real GDP in 2001 was in b. 55.56 c. 66.67d. 77.78e. 100.00 2003 was b. 111.11 c. 121.21 d. 132.23e. 143.34 d. 35 e. 36 a. 32 15, Taking 2002 as the base year, real GDP in 2002 was 16. Taking 2002 as the base year, real GDP in 2003 was b. 33 c. 34 d. 35 e. b. 33 d. 35 c. e. 36 a. 32 d. 35 e. 36 Real GDP grew in 2001 at the rate of Real GDP grew in 2002 at the rate of Real GDP grew in 2003 at the rate of 17. a.-9.09% C. 0% d, 8.33% 0996 e 18. a. -9.09% b.-8.33% c, 096 d, 8.33% e. 9.09% 19. a,-9.0996 b.-8.33% c. 0% d-8.33% e. 9.0996 In 2001 the economy went through a 20. a. Expansion b. Recession c. Deficit d. a and c e. a and b In 2002 the economy went through a 21. a. Expansion b. Recession . Deficitd. a and c e. a and b e. 37,2% e, 37,2% Inflation rate in 2001 was 22. a.-11.11% b. 11.11% c. 16.67% d, 28.57% Inflation rate in 2002 was b, 1 23. 1.11% c, 16.67% d, 28.57% -11.11% a. 24. Inflation rate in 2003 was a.-11.11% b. 11.11% c. 16.67% d, 28.57% e. 37.2% 25. Between 2001 and 2003 the economy experienced a. DeflationbInflation . Appreciation d. a andb e. Depreciation 26. If the nominal interest rate in 8% and the expected r a. 2% rate of inflation 4%, then the real interest rate, is b. 3% c.4%) , , d. 5%,.., e, 6%Explanation / Answer
22. Inflation rate in 2001 was : c) 16.67%
Inflation rate = (CPI 2001- CPI 2000 / CPI 2000)x 100
Inflation rate = {(77.78-66.67)x100}/ 66.67 = 16.67%
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.