Question 5 Question 6 Question 1 1 pts Time Elapsed: Hide Attempt due: Sep 11 at 11:59pm 3 Hours, 36 Minutes, 28 Seconds The nominal price (per gallon) of gas for each year is shown in the timeline below. What is the real price of gas in year 2019 (as seen from year 2017). Calculate your answer to the nearest penny (e.g., 3.81) Year 2017 2018 2019 2020 Nominal Price $2.35 $2.41 $2.44 $2.47 Price Level 122 127 133 138 Price Adjustment Real Price D Question 2 1 pts When Kevin started working 25 years ago, his salary was $56,682. His current salary is $176,597. When Kevin started working, the price level was 127, while the current price level is 157. What was Kevin's average per year percentage raise in real terms over the 25 years? State your answer to two decimal places (e.g. 3:28). Direction 1nts