Year Price of a Gallon of Milk Price of a Liter of Juic…

 Year Price of a Gallon of Milk Price of a Liter of Juice  2022 $5.25 $3.75  2023 $5.75 $4.00  2024 $6.00 $4.50 Refer to the table above. The CPI Basket, which includes 20 gallons of milk and 30 liters of juice, costed $200 in the base year. The value of the CPI is ____ in 2023.

 Year Price of a Gallon of Milk Price of a Liter of Juic…

 Year Price of a Gallon of Milk Price of a Liter of Juice  2022 $5.25 $3.75  2023 $5.75 $4.00  2024 $6.00 $4.50 Refer to the table above. The CPI Basket, which includes 20 gallons of milk and 30 liters of juice, costed $200 in the base year. What is the annual inflation rate in 2024? Round your answer to the nearest one-hundredth of one percent.

 Year Value of the Physical Capital Stock (on December 31s…

 Year Value of the Physical Capital Stock (on December 31st)  2021 $812 billion  2022 $830 billion  2023 $844 billion Refer to the table above. Suppose that the value of depreciation is $10 billion in 2022. What is the value of Gross Investment in 2022?

                                          Figure 5 Refer to…

                                          Figure 5 Refer to Figure 5. Figure 5 shows short-run costs of a farmer in a competitive market. At the market price of $8 per bushel, if this farmer produces the profit maximizing level of soybeans, the profit would be Profit=(P-ATC)*Q, where P is the market price and Q is the quantity. ATC denotes the average total cost