The following table shows inflation rates for several decades into 2020 dollars. 1980-2020 232% 2000-2020 53%...
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The following table shows inflation rates for several decades into 2020 dollars. 1980-2020 232% 2000-2020 53% Time span Inflation Year Nominal (unadjusted) price per ounce The following table shows the nominal (unadjusted) prices for gold over several years. Complete the table showing gold prices in constant 2020 dollars. (Round to the nearest cent.) Show your work below the table. [(5 x 0.2)(table) + (4 x 1)(work) = 5 pt] Constant (adjusted) price per ounce in 2020 dollars la. 1980 $516.92 1b. 1990 lc. $381.73 2000 $273.68 ld. 2010 $1179.25 ld. 2020 $1636.35 1980 1990-2020 102% $516.92 1990 $381.73 2000 2010-2020 19% $273.68 2010 $1179.25 It is not necessary to adjust the 2020 price, but you must still fill in the table above in constant 2020 dollars! 2020 $1636.35 The following table shows inflation rates for several decades into 2020 dollars. 1980-2020 232% 2000-2020 53% Time span Inflation Year Nominal (unadjusted) price per ounce The following table shows the nominal (unadjusted) prices for gold over several years. Complete the table showing gold prices in constant 2020 dollars. (Round to the nearest cent.) Show your work below the table. [(5 x 0.2)(table) + (4 x 1)(work) = 5 pt] Constant (adjusted) price per ounce in 2020 dollars la. 1980 $516.92 1b. 1990 lc. $381.73 2000 $273.68 ld. 2010 $1179.25 ld. 2020 $1636.35 1980 1990-2020 102% $516.92 1990 $381.73 2000 2010-2020 19% $273.68 2010 $1179.25 It is not necessary to adjust the 2020 price, but you must still fill in the table above in constant 2020 dollars! 2020 $1636.35
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Year Nominal unadjusted price per punce Constant Adjusted pri... View the full answer
Related Book For
Macroeconomics
ISBN: 9780132109994
1st Edition
Authors: Glenn Hubbard, Anthony Patrick O'Brien, Matthew P Rafferty
Posted Date:
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