Use the data in Table 1.11 to determine the percentage increase in the CPI between 1978 and
Question:
Use the data in Table 1.11 to determine the percentage increase in the CPI between 1978 and 1981. (Do not calculate the annual rate of increase, just the overall percentage increase.)
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Date Introduced First-Class Postage Rates ($) CPI (2008-100) 7/1/1885 11/3/1917 0.02 4.3 0.03 6.0 7/1/1919 0.02 8.2 7/6/1932 0.03 6.4 8/1/1958 0.04 13.6 1/7/1963 0.05 14.4 1/7/1968 0.06 16.4 5/16/1971 0.08 19.0 3/2/1974 0.10 23.2 12/31/1975 0.13 25.3 5/29/1978 0.15 30.7 3/22/1981 0.18 42.8 11/1/1981 0.20 42.8 2/17/1985 0.22 50.7 4/3/1988 0.25 55.7 2/3/1991 0.29 64.3 1/1/1995 0.32 71.7 1/10/1999 0.33 78.4 1/7/2001 0.34 83.3 6/30/2002 0.37 84.7 1/8/2006 0.39 94.9 5/14/2007 0.41 97.1 5/12/2008 0.42 100.0
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Related Book For
Essential Statistics Regression And Econometrics
ISBN: 9780123822215
1st Edition
Authors: Gary Smith
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