Question
. (Inflation) Here are some recent data on the U.S. consumer price index: Compute the inflation rate for each year 1993-2012 and determine which were
. (Inflation) Here are some recent data on the U.S. consumer price index:
Compute the inflation rate for each year 1993-2012 and determine which were years of inflation. In which years did deflation occur? In which years did disinflation occur? Was there hyperinflation in any year?
YEAR
CPI
1992
140.3
1993
144.5
1994
148.2
1995
152.4
1996
156.9
1997
160.5
1998
163.0
1999
166.6
2000
172.2
2001
177.1
2002
179.9
2003
184.0
2004
188.9
2005
195.3
2006
201.6
2007
207.3
2008
215.3
2009
214.5
2010
218.1
2011
224.9
2012
229.6
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Intermediate Microeconomics and Its Application
Authors: walter nicholson, christopher snyder
11th edition
9781111784300, 324599102, 1111784302, 978-0324599107
