quiz_02_intermediate_macroeconomics2017-08-02-17-48-15.docx

QUIZ # 02

INTERMEDIATE MACROECONOMICS (ECON 022)

NAME:

Question 01:

What can be the suitable Government Policies that raise the productivity and living standards of the public within the country?

Question 02:

Calculate the Consumer Price Index and the Inflation Rate?

Base Year is 2002, Basket of goods in 2002 costs $1,200 and the same basket in 2004 costs $1,236.