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The Economics of Money, Banking, and Financial Markets 10th Edition by Frederic Mishkin
Edition 10ISBN: 978-0132763646The Economics of Money, Banking, and Financial Markets 10th Edition by Frederic Mishkin
Edition 10ISBN: 978-0132763646 Exercise 14
This chapter discusses the Great Inflation from 1965 to 1982. Go to ftp://ftp.bls.gov/pub/special.requests/ cpi/cpiai.txt. Move data into Excel, using the method described at the end of Chapter 1. Delete all but the first and last column (date and annual CPI). Graph these data and compare them to the inflation data in Figure 11.
a. Has inflation increased or decreased since 1982?
b. When was inflation at its highest?
c. When was inflation at its lowest?
d. Have we ever had a period of deflation? If so, when?
e. Have we ever had a period of hyperinflation? If so, when?
a. Has inflation increased or decreased since 1982?
b. When was inflation at its highest?
c. When was inflation at its lowest?
d. Have we ever had a period of deflation? If so, when?
e. Have we ever had a period of hyperinflation? If so, when?
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The Economics of Money, Banking, and Financial Markets 10th Edition by Frederic Mishkin
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