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Refer to the following data on the U. consumer price index and answer the questions below. Year CPI Year CPI Year CPI Year CPI 1988 118.3 1993 144.5...

Refer to the following data on the U.S. consumer price index and answer the questions below.
Year CPI Year CPI Year CPI Year CPI
1988 118.3 1993 144.5 1998 163.0 2003 184.0
1989 124.0 1994 148.2 1999 166.6 2004 188.9
1990 130.7 1995 152.4 2000 172.2 2005 195.3
1991 136.2 1996 156.9 2001 177.1 2006 201.8
1992 140.3 1997 160.5 2002 179.9

a. Compute the inflation rate for each year 1989-2006.







b. Which years were years of inflation?






c. In which years did deflation occur?





d. In which years did disinflation occur?





e. Was there hyperinflation in any year?

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Economics-8236010.xls

CPI
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006 INFLAION rate
118.3 124 4.818259
130.7 5.403226
136.2 4.20811
140.3 3.010279
144.5 2.993585
148.2...

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