Table 1 CPI, GDP and Unemployment 2009-2016 Year CPI GDP (Current ) Unemployment
ID: 1119295 • Letter: T
Question
Table 1 CPI, GDP and Unemployment 2009-2016 Year CPI GDP (Current ) Unemployment 2009 100.0494,591.535 2010 130.9 677,593,637 2011 163.7 707.262,549 2012 208.2 1,016,834,748 2013 265.6 1,357,487,061 2014 318.9 1,635,451,060 2015 498.1 2,245,843,966 2016 839.5 3,031,242,431 5.2% 5.2% 6.1% 5.8% 5.6% 5.7% 5.8% 5.4% 2015 The Venezuelan government wants to close 2017 exactly at the same level of achieve that, you are required to come up with a tax policy that changes the amount of taxes to be collected by the Venezuelan Internal Revenue Service. What type of policy and magnitude should be implemented? . In order to Il. Using the data from Table 1, calculate the rate of inflation and its type for each year during the period 2009-2016. 80% marginal propo(Explanation / Answer
(II)
Rate of Inflation = % Change in CPI
Note: Question does not clarify what is meant by "Inflation type".
Year CPI % Change in CPI 2009 100 2010 130.9 30.90% 2011 163.7 25.06% 2012 208.2 27.18% 2013 265.6 27.57% 2014 318.9 20.07% 2015 498.1 56.19% 2016 839.5 68.54%Related Questions
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