Say you earned $10,725 in 1975 when the CPI in your city was 150 and earned $29,500
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Say you earned $10,725 in 1975 when the CPI in your city was 150 and earned
$29,500 in 1989 when your city’s CPI hit 358. Express your 1989 purchasing power as a percentage of your 1975 purchasing power.
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Related Book For
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
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