Answer to Question #165802 in Macroeconomics for rida

Question

Q2: Collate CPI data for the last 20 years and prepare a graph of CPI vs Year. From graph identify the periods of high and low inflations.

Answer 1

Graph for the above data is shown below:

From the graph, high and low inflation was experienced in 2019 and 1999 as indicated by a C.P.I of 255.675 and 170.0 respectively.