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Introduction to Economics💰
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According to the graph above, what was the CPI in 2002?
Answer: Your answer must be accurate to within one decimal place.
The chart below presents data for Canada's year-end unemployment rate and its Consumer Price Index (CPI) for the past several years. The questions on this page are based on this chart.
According to the graph above, what was the CPI in 2011?
Answer: Your answer must be accurate to within one decimal place.
In November 2014, the CPI in Canada was 125.4 and in November 2015, it was 127.1. What was the inflation rate between November 2014 and November 2015?
Answer: %
Your answer must be accurate to within two decimal places.
The following table shows data on the Consumer Price Index over the past few years.
| Year | CPI |
| 2012 | 97 |
| 2013 | 98 |
| 2014 | 100 |
| 2015 | 102.5 |
| 2016 | 104 |
| 2017 | 106 |
What was the inflation rate from 2012 to 2013? Record your answer to two decimal places.
Answer: %
The following table shows data on the Consumer Price Index over the past few years.
| Year | CPI |
| 2012 | 97 |
| 2013 | 98 |
| 2014 | 100 |
| 2015 | 102.5 |
| 2016 | 104 |
| 2017 | 106 |
What was the inflation rate from 2016 to 2017? Record your answer to two decimal places.
Answer: %
"Some European consumers order maple syrup from Canada (this is before they send the shipment back!)."
In calculating GDP using the expenditure approach, this will be a part of:
Watch the following clip:
In calculating GDP using the expenditure approach, the painting purchased in this clip will be a part of:
"You fly to the capital of Jamaica (Kingston) with Air Jamaica."
In calculating GDP using the expenditure approach, this will be a part of:
"Your sister purchases a new car."
The is an example of .
"You purchase a new T-shirt for your mom's birthday."
The is an example of .