ESC 1601
ESC1601 ASSIGNMENT
4 SEMESTER 2 EXAM
QUESTIONS & ANSWERS
(100% VERIFIED)
2023
,Question1
Correct
Mark1.00outof1.00
Usetheinformationinthetabletoanswerque
stion:
The inflation rate…
a. decreasedby4,42%from2018to20
19.
b. decreasedby0,18%from2019to20
20.
c. increasedby4,73%from2019to20
20.
d. increased by 4,73% from 2018
to2019.
,Which one of the following
statementsregardingtheproducerpriceindex
(PPI)istrue?
a. Itsgrowthrateisalwaysgreatertha
n that of CPI.
b. IthasthesameweightsasCPI.
c. It measures the cost of
production.
d. Itmeasuresthecostofliving.
Whichofthefollowingcancausedemand-
pullinflation?
[1] Adecreaseininterestrateswhichleadsto
an increase in consumption
andinvestmentspending.
[2] Anincreaseingovernmentspendingonso
cial wealth and education.
[3] Ariseinthecostofimportintermediatego
ods due to a depreciation of
thedomesticcurrency.
a.[1]
b.[1] and [2]
c.[3]
d.[1], [2] and [3]
e.[2]
, In response to the COVID-19
pandemic,countries injected trillions of
dollars intotheir economies to provide
relief
tohouseholdsandfirms.Thisresponseisanex
ampleof...policy,whichcanresultin...inflatio
n, ceteris paribus.
a. contractionary;cost-push
b. expansionary; demand-pull
c. expansionary;cost-push
d. contractionary;demand-pull
This question is based on the
followingtable,whichshowsinformationab
outtheConsumerPriceIndex(CPI)forcount
ryZ:
Monthandyear CPI
November2016 98,5
December2016 100
February2018 103,4
March2018 104,5
February2019 107,8
March2019 108,8
Whichoneofthefollowingstatementsiscorr
ect?
a. November2016isthebaseyear.
b. InflationrateforMarch2019 vs
March 2018 is 4,1%.
c. Inflationratefor2016is1,5%.
d. InflationrateforMarch2019vsFe
bruary 2019 is -0,9%.
.
ESC1601 ASSIGNMENT
4 SEMESTER 2 EXAM
QUESTIONS & ANSWERS
(100% VERIFIED)
2023
,Question1
Correct
Mark1.00outof1.00
Usetheinformationinthetabletoanswerque
stion:
The inflation rate…
a. decreasedby4,42%from2018to20
19.
b. decreasedby0,18%from2019to20
20.
c. increasedby4,73%from2019to20
20.
d. increased by 4,73% from 2018
to2019.
,Which one of the following
statementsregardingtheproducerpriceindex
(PPI)istrue?
a. Itsgrowthrateisalwaysgreatertha
n that of CPI.
b. IthasthesameweightsasCPI.
c. It measures the cost of
production.
d. Itmeasuresthecostofliving.
Whichofthefollowingcancausedemand-
pullinflation?
[1] Adecreaseininterestrateswhichleadsto
an increase in consumption
andinvestmentspending.
[2] Anincreaseingovernmentspendingonso
cial wealth and education.
[3] Ariseinthecostofimportintermediatego
ods due to a depreciation of
thedomesticcurrency.
a.[1]
b.[1] and [2]
c.[3]
d.[1], [2] and [3]
e.[2]
, In response to the COVID-19
pandemic,countries injected trillions of
dollars intotheir economies to provide
relief
tohouseholdsandfirms.Thisresponseisanex
ampleof...policy,whichcanresultin...inflatio
n, ceteris paribus.
a. contractionary;cost-push
b. expansionary; demand-pull
c. expansionary;cost-push
d. contractionary;demand-pull
This question is based on the
followingtable,whichshowsinformationab
outtheConsumerPriceIndex(CPI)forcount
ryZ:
Monthandyear CPI
November2016 98,5
December2016 100
February2018 103,4
March2018 104,5
February2019 107,8
March2019 108,8
Whichoneofthefollowingstatementsiscorr
ect?
a. November2016isthebaseyear.
b. InflationrateforMarch2019 vs
March 2018 is 4,1%.
c. Inflationratefor2016is1,5%.
d. InflationrateforMarch2019vsFe
bruary 2019 is -0,9%.
.
