Answered step by step
Verified Expert Solution
Question
1 Approved Answer
stores 4.2 Statistical Indices, pages 214-225 5. The table shows the Consumer Confidence 4.3 Index (CCI), which is a measure of people's confidence in how
stores 4.2 Statistical Indices, pages 214-225 5. The table shows the Consumer Confidence 4.3 Index (CCI), which is a measure of people's confidence in how well the economy 7. is performing. Month, Year CCI Month, Year CCI 101.5 Dec. 05 Nov. 04 99.7 Dec. 04 103.1 Jan. 06 103.3 8. Jan. 05 101.4 Feb. 06 105.5 Feb. 05 102.1 Mar. 06 104.9 Mar. 05 103.1 Apr. 06 104.6 Apr. 05 100.7 May 06 103.9 May 05 100.1 Jun. 06 104:0 Jun. 05 100.0 Jul. 06 106.1 Jul. 05 101.5 Aug. 06 107.2 Aug. 05 106.0 Sept. 06 103.6 Sept. 05 104.5 Oct. 06 104.9 Oct. 05 97.6 Nov. 06 103.5 Nov. 05 101.0 Dec. 06 105.3 a) Describe the level of confidence in September 2006 compared to May 2006. b) What is the general trend in the confidence level of Canadians? c) By what factor has the index changed from the start of the table to the end? d) What was the percent change in consumer confidence from July 2005 to September 2005
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started