[Online Document Assignment:]
EIA Activity: Israel’s Experience with Inflation
Click on the links on the right to answer the following questions.
use Link 1 to answer the following questions. True or False: Annual inflation in Israel in 2013 was 1.88%.
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| B. |
True or False: Annual inflation in Israel in 1984 was 444.88%.
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| B. |
True or False: Average inflation in Israel in 1985 was 300%.
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| B. |
Use Link 2 to answer the following questions. True or False: From 1952 until 2014, the inflation rate in Israel averaged 30.96%.
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| B. |
True or False: In November 1984, Israel’s inflation rate reached an all-time high of 500%.
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| B. |
Which of the following is the most important category in the Consumer Price Index in Israel?
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| B. |
| C. |
| D. |
Do you think people tend to overestimate or underestimate actual inflation in the United Statees? Discuss.
Which economic statistic is more important, inflation or unemployment? Discuss.
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