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posledela
3 years ago
10

the table represent the consumer price index for a basket of goods and services for 3 consecutive years. calculate the inflation

rate for 2014.

Mathematics
1 answer:
just olya [345]3 years ago
6 0

We'll assume that the CPI is given for the END of the year.

Then 2014's rate is the change in price from 2013 in percent,

r = 180/125 - 1 = 36/25 - 1 = 11/25 = 44 %

Answer: choice c

----------

This is a pretty poor question.  The questioner should clarify the exact dates of the given values of the CPI, and use the actual values.   44% is an alarming inflation rate, but fortunately a fictitious one here in the US.  US inflation in 2014 was around 0.7% so the number the student was asked to compute was off by more than a factor of sixty.

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Check the picture below.


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\bf y=0.5(x-3)(x+k)\implies y=\cfrac{1}{2}(x-3)(x+k)\implies \stackrel{\textit{setting x = 0}}{y=\cfrac{1}{2}(0-3)(0+k)} \\\\\\ y=\cfrac{1}{2}(-3)(k)\implies \boxed{y=-\cfrac{3k}{2}} \\\\[-0.35em] ~\dotfill\\\\ \stackrel{\textit{area of a triangle}}{A=\cfrac{1}{2}bh}~~ \begin{cases} b=3+k\\ h=y\\ \quad -\frac{3k}{2}\\ A=1.5\\ \qquad \frac{3}{2} \end{cases}\implies \cfrac{3}{2}=\cfrac{1}{2}(3+k)\left(-\cfrac{3k}{2} \right)


\bf \cfrac{3}{2}=\cfrac{3+k}{2}\left( -\cfrac{3k}{2} \right)\implies \stackrel{\textit{multiplying by }\stackrel{LCD}{2}}{3=\cfrac{(3+k)(-3k)}{2}}\implies 6=-9k-3k^2 \\\\\\ 6=-3(3k+k^2)\implies \cfrac{6}{-3}=3k+k^2\implies -2=3k+k^2 \\\\\\ 0=k^2+3k+2\implies 0=(k+2)(k+1)\implies k= \begin{cases} -2\\ -1 \end{cases}


now, we can plug those values on A = (1/2)bh,


\bf \stackrel{\textit{using k = -2}}{A=\cfrac{1}{2}(3+k)\left(-\cfrac{3k}{2} \right)}\implies A=\cfrac{1}{2}(3-2)\left(-\cfrac{3(-2)}{2} \right)\implies A=\cfrac{1}{2}(1)(3) \\\\\\ A=\cfrac{3}{2}\implies A=1.5 \\\\[-0.35em] \rule{34em}{0.25pt}\\\\ \stackrel{\textit{using k = -1}}{A=\cfrac{1}{2}(3+k)\left(-\cfrac{3k}{2} \right)}\implies A=\cfrac{1}{2}(3-1)\left(-\cfrac{3(-1)}{2} \right) \\\\\\ A=\cfrac{1}{2}(2)\left( \cfrac{3}{2} \right)\implies A=\cfrac{3}{2}\implies A=1.5

7 0
3 years ago
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