Question: View History Bookmarks Profiles Tab Window Help s for Debi Sordillia: Fur X M Question 9 - Ch 10 Assignme X Calculating the Unemploymentcent Difference


View History Bookmarks Profiles Tab Window Help s for Debi Sordillia: Fur X M Question 9 - Ch 10 Assignme X Calculating the Unemploymentcent Difference X + o.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewco... 1] ignment i Saved Help Save & Exit Submit Check my work Price per Cost of Market Basket Item Quantity Price per Cost of Market in 2022 Unit in 2012 in 2012 (=quantity*2012 price) Unit in 2022 (=quantity*2022 price) Coffee 20 pounds $ 140 58 $ 160 Tuition 1 year $6,000 $ 6,000 $10,000 $ 0,000 Pizza 100 pizzas $13 $ 1,300 $16 $ ,600 Movie download 90 movies $4 $ 360 $2 $ 180 Gasoline 1,000 gallons $2 $ 2,000 $ 3,000 ces Total in 2012 ,800 Total in 2022 $ 14,940 Instructions: Round your response to two decimal places. c. By how much has the average price level risen between 2012 and 2022? Hint: Compare the total basket cost in 2022 to the total basket cost in 2012. A O 11 MacBook Probi Sordillia: Fur X M Question 9 - Ch 10 Assignme X Calculating the Unemployme Percent Difference ducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewco... ent i Saved Help Save & Exit Submit Check my work Movie download 90 movies $4 $ 360 $2 $ 180 Gasoline 1,000 gallons $2 $ 2,000 $2 $ 3,000 Total in 2012 $ 9,800 Total in 2022 $ 14,940 Instructions: Round your response to two decimal places. c. By how much has the average price level risen between 2012 and 2022? Hint: Compare the total basket cost in 2022 to the total basket cost in 2012. d. The average household's nominal income increased from $40,000 to $60,000 between 2012 and 2022. What happened to its real income? Real income decreased BAY 474 1 APR 71 I all 4 4 MacBook Pro O 8 CO
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