For the following exercises, use the median home values in Indiana and Alabama (adjusted for inflation) shown
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For the following exercises, use the median home values in Indiana and Alabama (adjusted for inflation) shown in Table 3. Assume that the house values are changing linearly.
In which state have home values increased at a higher rate?
Transcribed Image Text:
Year 1950 2000 Indiana $37,700 $94,300 Table 3 Alabama $27,100 $85,100
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