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Question 10 1.5 pts According to the above table, does country A always have inflation? Explain. Edit View Insert Format Tools Table 12pt w Paragraph B IYAZY T2 vQuestion 11 1 pts Suppose your nominal wage in 2000 is $20,000. Based on the above table of CPI, convert your year 2000 nominal wage in year 2003's dollars. (round to the nearest dollar) Answer: The year 2000 nominal wage in year 2003's dollars = $ Question 12 1 pts Suppose your nominal wage in 2000 is $20,000 and your nominal wage in 2003 is $24,000. Based on the above table of CPI, is your real wage in 2003 higher than the real wage in 2000? [ Select ]Use the following table to answer Questions 3 to 12. m Question 8 1 p1 Based on the above table, which year is the base year? Question 9 1.5 pl Calculate the ination rate between 1999 and 2003. Answer: The ination rate is 91