Open Question: Economics Help – Suppose that people consume only three goods, as shown in this table:?
Oct/110
Suppose that people consume only three goods, as shown in this table:
Tennis Balls Golf Balls Bottles of Gatorade
2011 price $ 2 $ 4 $ 1
2011 quantity 100 100 200
2012 price $ 2 $ 6 $ 2
2012 quantity 100 100 200
a. What is the percentage change in the price of each of the three goods?
b. Using a method similar to the consumer price index, compute the percentage change in the overall price level.
c. If you were to learn that a bottle of Gatorade increased in size from 2011 to 2012, should that information affect your calculation of the inflation rate? If so, how?
d. If you were to learn that Gatorade introduced new flavors in 2012, should that information affect your calculation of the inflation rate? If so, how?
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Table Tennis: Three wins, a loss for Singapore paddlers at China Open
Aug/110
SINGAPORE: It was a day of mixed fortunes for the Republic’s table tennis players at the US$330,000 (S$398,300) Harmony 2011 China Open on Thursday, as the men’s and women’s teams kicked off their campaign at the Suzhou Sports Centre.
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King of the table: Hamilton man wins three golds at Big Sky Games
Aug/110
HAMILTON – The undisputed king of Montana table tennis earns his gold the old-fashioned way.
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State Senior Games: The Villages Deb Harrison wins six medals in Pickleball and Table Tennis over three days
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Over the last three days, Deb Harrison of The Villages has been a fixture at the Estero Community Center’s Florida Senior Games State Championships medal stand. She followed up her three gold-medal winning performance in Pickleball over the weekend with another three gold-medal winning performance Monday in Table Tennis.
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Ping pong crazy: Three writers explain their lifelong addictions to table tennis
Nov/100
Riding high on a resurgence in table tennis, three writers – our own Booker-winning columnist, one of America’s brightest young talents and one newspaper legend – pay homage to the enduring allure of the game, its philosophy, its poetry and its unique innocence…
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