Macroeconomics Assignment - Question / Answer

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Question 1

What are the costs of price instability? Include in your answer a real-world example and calculations of consumer price index (CPI) and inflation rate.

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United States+1
Afghanistan+93
Albania+355
Algeria+213
American Samoa+1684
Andorra+376
Angola+244
Anguilla+1264
Antigua and Barbuda+1268
Argentina+54
Armenia+374
Aruba+297
Australia+61
Austria+43
Azerbaijan+994
Bahamas+1242
Bahrain+973
Bangladesh+880
Barbados+1246
Belarus+375
Belgium+32
Belize+501
Benin+229
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Bhutan+975
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Bosnia and Herzegovina+387
Botswana+267
Brazil+55
British Indian Ocean Territory+246
British Virgin Islands+1284
Brunei+673
Bulgaria+359
Burkina Faso+226
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Central African Republic+236
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Colombia+57
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Cook Islands+682
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Cote d'Ivoire+225
Croatia+385
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Curacao+599
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French Polynesia+689
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Georgia+995
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Kosovo+383
Kuwait+965
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Laos+856
Latvia+371
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Libya+218
Liechtenstein+423
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Malawi+265
Malaysia+60
Maldives+960
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Malta+356
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Martinique+596
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Mauritius+230
Mayotte+262
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Monaco+377
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Montserrat+1664
Morocco+212
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Namibia+264
Nauru+674
Nepal+977
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New Zealand+64
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Samoa+685
San Marino+378
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Saudi Arabia+966
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Serbia+381
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Sierra Leone+232
Singapore+65
Sint Maarten+1721
Slovakia+421
Slovenia+386
Solomon Islands+677
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South Sudan+211
Spain+34
Sri Lanka+94
Sudan+249
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Switzerland+41
Syria+963
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Tanzania+255
Thailand+66
Timor-Leste+670
Togo+228
Tokelau+690
Tonga+676
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Tunisia+216
Turkey+90
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Turks and Caicos Islands+1649
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Uganda+256
Ukraine+380
United Arab Emirates+971
United Kingdom+44
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Uzbekistan+998
Vanuatu+678
Vatican City+39
Venezuela+58
Vietnam+84
Wallis and Futuna+681
Western Sahara+212
Yemen+967
Zambia+260
Zimbabwe+263
Aland Islands+358

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