Question
Canada CPI (September 2002)= 100 CPI (September 2020)= 137.2 a)what is the Inflation rate from Canada Base Year? b) what is the relationship between the
Canada
CPI (September 2002)= 100
CPI (September 2020)= 137.2
a)what is the Inflation rate from Canada Base Year?
b) what is the relationship between the CPI and the Inflation Rate?
c) Give an example of 1 item that was removed from the 2002 Canadian basket of goods?
d) Give an example of 1 item that was added to the 2017 Canadian basket of goods.
e) what is Hyperinflation
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Advanced Placement Microeconomics
Authors: Bill Hurd
1st Edition
1531150306, 978-1531150303
