economic and finance, management homework help

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QeRinabu

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Economics

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Choose three different goods (or services) that are important to you. Using the steps given on pages 506-8, construct the price index for the years 2015 and 2016, and using the indexes for these two years, compute the inflation rate between the year 2015 and the year 2016. The year 2014 should be used as a base year when computing the price indexes for the years 2015 and 2016.

1. Computers

2. Pizzas

3.Golf Balls

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Attached.

1

COMPUTING INFLATION RATE

Computing inflation rate
University name
Student’s name

2

COMPUTING INFLATION RATE
Commodities of choice that are of importance to me in this assignment are car, computer and
pizza. The goods are end user goods which are easily found in the market. The car of choice is

Mercedes Benz C250 sport sedan model. The computer of choice is a Hp pavilion X360 11 with
a 4GB RAM laptop computer. I obtained the prices for the different commodities by searching
online for the brand prices o...

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