Let revenues increase by 10% from $100,000 to $110,000. Calculate the percentage change in real terms if

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Let revenues increase by 10% from $100,000 to $110,000. Calculate the percentage change in real terms if the relevant price index increases by 4% from 100 to 104?

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Business Statistics Communicating With Numbers

ISBN: 9780078020551

2nd Edition

Authors: Sanjiv Jaggia, Alison Kelly

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Question Posted: Dec 20, 2016 09:54 AM

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Let revenues increase by 10% from $100,000 to $110,000. Calculate the percentage change in real terms if

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The nominal revenue equals the real reven...View the full answer

Business Statistics Communicating With Numbers

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