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The Annual Inflation Rate
Title: The Annual Inflation Rate
Category: Law & Government / Government & Politics
Details: Words: 1165 | Pages: 5.0 (approximately 235 words/page)
The Annual Inflation Rate
The Annual Inflation Rate
Just about everything we do as a nation lends to the annual inflation rate. In this article, though, I have chosen four of the most important variables that influence inflation the most. Inflation is the sustained increase in prices, or in other words, a steady decline in the buying power of the dollar. I have come up with an equation that includes the following variables: the unemployment rate, the federal funds …showed first 75 words of 1165 total…
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…showed last 75 words of 1165 total…Sales in 1000’s.
Year Y(i) X(1) X(2) X(3) X(4)
1976 5.8 7.7 5.04 14464 646
1977 6.5 7.1 5.09 14920 819
1978 7.6 6.1 7.93 15588 817
1979 11.3 5.8 11.19 15789 709
1980 13.5 7.1 13.27 15423 545
1981 10.3 7.6 16.38 15334 436
1982 6.2 9.7 12.26 15311 412
1983 3.2 9.6 9.88 15537 623
1984 4.3 7.5 10.23 16203 639
1985 3.6 7.2 8.1 16683 688
1986 1.9 7.0 6.81 17356 750
1987 3.6 6.2 6.66 17779 671
1988 4.1 5.5 7.57 18082 676
1989 4.8 5.3 9.22 18477 650
1990 5.4 5.6 8.10 17942 534
1991 4.2 6.8 5.69 17493 509
1992 3.0 7.5 3.85 17249 610
1993 3.0 6.9 3.02 17797 666
1994 2.6 6.1 4.2 18208 670
1995 2.8 5.6 5.84 18425 667
1996 2.9 5.4 5.30 18841 757
1997 2.3 4.9 5.46 19541 804
1998 1.6 4.5 5.35 20120 886
Bibliography
References Cited
Bureau of Labor Statistics. http://stats.bls.gov/opub/mlv/1998/08/art3exc.htm.
“Consumer Price Index”. http://stats.bls.gov/cpifact5.htm.
“Fedpoint 15: Federal Funds”. http://www.ny.frb.org/pihome/fedpoint/fed15.html.
Lonski, John. “Inflation is Back”. http://www.dismal.com/thoughts/th_jl_050900.asp.
“New Home Sales”. http://www.dismal.com/toolbox/print_definition.asp?r=usa_home_sales
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