Final BB005 Economics_05_2021 (Q) [Compatibility Mode] - Word Myra Kaur Hans X File Home Insert Design Layout References Mailings Review View Help Tell me what you want to do Share do Cut Times New Romar - 12 - A A Aa~ A Find Copy AaBbCcDa AaBbCc] AaBbCcI AaBbCc] AaBbCcI AaBbCcI AaBbCcDd AaBbCc] AaBbCcI Bac Replace Paste 41 4 Format Painter BIU~ abe X2 X AZA~ Emphasis 1 Heading 1 1 Heading 2 1 Heading 3 1 Heading 4 1 Heading 6 1 Normal 1 Subtitle 1 Title Select Clipboard Font Paragraph Styles Editing (a) Explain consumer price Index (Cri) and its 1 WU (4) use 101 an economy. (5 marks) (b) The following table shows the price index for the year 2000, where 1998 is the base year. Assess the following: Commodities Weightages Price indexes 2 May. - Aug. 2021 Final Examination BB005 Economics Year 1998 Year 2000 A 4 100 120 B 2 100 80 C 100 110 D 3 100 105 (i) weighted price index for the year 2000. (3 marks) (ii) rate of inflation in the year 2000 (3 marks) iii) change in the value of money for the year 2000. (3 marks) iv) real value of RM100 for the year 2000? (3 marks) (c) Examine the FOUR (4) functions of money in an economy. (8 marks) [Total: 25 Marks] Page 4 of 4 893 words English (United States) + 100% O Homework Help - . Downloads w Final BB005 Econo. 2 34.C Rain showers ~ ! & D () ENG 2:38 PM 3/8/2021