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Tag: GDP Deflator

February 11, 2023February 11, 2023

Using the quantities from 2019 for your market basket, and 2019 as your base year, calculate the CPI for 2019, 2020 and 2021.

Macro Economics by Geoffrey0 comments

1.Suppose people consume 3 different goods. The following table shows the prices and quantities of each good consumed in 2019, […]

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November 16, 2022

Calculate the rate of growth of the exchange rates between two currencies using exchange rate data on your selected countries. Before doing so, please answer the following question. What is the rate of growth and which formula is used to calculate it?

Economics by Geoffrey0 comments

Calculate the rate of growth of the exchange rates between two currencies using exchange rate data on your selected countries. […]

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