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Price of X in 2000: 52

Price of Y in 2000: 76

Price of X in 2001: 51

Price of Y in 2001: 38

Price of X in 2002: 68

Price of Y in 2002: 95

The base year is

2001

The representative basket of consumer goods is 19 units of X and 14 units of Y.

Find the CPI for all 3 years.



Find the inflation rate in 2001 and 2002.

Extra problem (if you have completed Chapter 9):

Nominal interest rate in 2001: 97%

Nominal interest rate in 2002: 26%

Find the real interest rate in both years



Scroll all the way down to see the solutions

















































CPI in 2000: 136.70886075949

CPI in 2001: 100

CPI in 2002: 174.6835443038

Inflation in 2001: -26.851851851852%

Inflation in 2002: 74.683544303797%

Real interest rate in 2001: 169.3164556962%

Real interest rate in 2002: -27.869565217391%