Assume that the average household earned $9,113 in 1976 and $52,599 in 2016. During that time, also
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Assume that the average household earned $9,113 in 1976 and $52,599 in 2016. During that time, also assume that the CPI increased from 51.7 to 204.10. Instructions: Enter your answer as a percentage rounded to one decimal place.
to. The total growth rate in nominal median family income from 1976 to 2016 was
b. The total growth rate in real average family income from 1976 to 2016 was
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: