= 5 1. What was the average rate of inflation over 2016-2021? Geometric mean of CPI for 5 years 2. What was the average rate of inflation over 2001-2021? Geometric mean of CPI for 20 years B. INDUSTRY ANALYSIS (Information Technology, hardware and services) Growth 1. How fast did the industry grow in real terms over 2016-2021? The entire 2001-2021 period? Give the 5 year and 20 year geometric mean for real industry sales 2. Did the industry keep pace with the economy in real terms on the average? Compare the 5 year and 20 year industry growth with the economy growth Business Cycles 1. What happened to the real sales of this industry during recession in 2009 and 2020 ? Give the % growth or % decline of industry during 2009 and 2020 2. What happened to the real sales of this industry during the first year of subsequent recoveries in 2010 ? Give % increase or decrease in year 2010 Inflation Trends 1. What is the average inflation rate for this industry over 2016-2021? The entire 2001-2021 period? Write 5 year and 20 year geometric mean 2. How does this compare with that of the economy in general? = 5 1. What was the average rate of inflation over 2016-2021? Geometric mean of CPI for 5 years 2. What was the average rate of inflation over 2001-2021? Geometric mean of CPI for 20 years B. INDUSTRY ANALYSIS (Information Technology, hardware and services) Growth 1. How fast did the industry grow in real terms over 2016-2021? The entire 2001-2021 period? Give the 5 year and 20 year geometric mean for real industry sales 2. Did the industry keep pace with the economy in real terms on the average? Compare the 5 year and 20 year industry growth with the economy growth Business Cycles 1. What happened to the real sales of this industry during recession in 2009 and 2020 ? Give the % growth or % decline of industry during 2009 and 2020 2. What happened to the real sales of this industry during the first year of subsequent recoveries in 2010 ? Give % increase or decrease in year 2010 Inflation Trends 1. What is the average inflation rate for this industry over 2016-2021? The entire 2001-2021 period? Write 5 year and 20 year geometric mean 2. How does this compare with that of the economy in general