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If the current year CPI is 140 then the price level has increased 40 percent since the base year?
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∙ 11y ago
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∙ 11y ago
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If GDP increased by 5 percent and real GDP increased by 5 percent what has happened to the average price level?
If (nominal) GDP and real GDP are equal then average price levels are constant.
When a price of a good increased by 2 percent the quantity demanded decreased by 10 percent What is the price elasticity of demand?
Price elasticity of demand= percentage change in demand/percentage cgange in price 2 = % chnge in demand/10 % change in demand= 2*10 % change in demand= 20%
Price and Yield- An 8 percent semiannual coupon matures in 5 years The bond has a face value of 1000 and a current yield of 8.21 percent What are the bonds price and YTM?
The bond's price is $996.76. The YTM is 8.21%. by E. Sanchez
What statement from a newspaper article refers to the consumer price index - CPI?
The average cost of groceries has increased 10 percent since last year.
What happens to the market when a price ceiling is imposed?
If the price ceiling is above equilibrium: no effect. If the price ceiling is below equilibrium: price lowers to the ceiling level and supply falls. There is too much demand for the current level of supply. A black market forms to capture unmet demand at high prices.
If GDP increased by 5 percent and real GDP increased by 5 percent what has happened to the average price level?
If (nominal) GDP and real GDP are equal then average price levels are constant.
How many percent increased if price of fuel is increased from 77.20 to 77.84?
You are increasing the original price by 0.00829 percent.
At a store they cut the price 40 for a particular item By what percent must the item be increased if you wanted to sell it at the original price?
An item that has been reduced 40 percent off the retail price will need to be increased by almost 66.7 percent of the sale price to return to the original retail price.
A price increased from 30 to 50 Find the percent of increase?
The percent of the increase is: 66.67%
How do you find sales price when given percent of increase?
if p is the percent increase, multiply the old price by (1+p) to get the new increased price.
If the price of the car was increased from 6400dollars to 7200dollars what was the percent of increase?
12.5%
The price of an article was cut 20 percent for a sale By what percent must the item be increased to again sell the article at the original price?
25%
If a can of paint increased in price from 24.00 to 30.00 what is the percent of the price increase?
30/24 = 1.25The increase is 25%.
What would happen to the price level if AD decreased?
If AD increased, all else being equal, the price level would increase.
Compute the current price of the bonds if the present yield to maturity is?
Compute the current price of the bond if percent yield to maturity is 7%
In 1969 the price of 5 kilograms of flour was 0.75 cents In 1970 the price was increased 15 percent In 1971 the 1970 price was decreased by 5 percent what was the price of 5 kilograms of flour in 1971?
$.82
Whats the percent of The price of a house increased from 210 000 to 225 000?
(225000/210000) x 100 = 107.142857 recurring (that is, 107.142857142857..) percent. The price increase is therefore 107.14.... - 100 = 7.142857... percent.
