You are given the following cost indexes for three categories of consumer expenditures. Compute the percentage change
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You are given the following cost indexes for three categories of consumer expenditures.
Compute the percentage change in housing, food, and transportation costs between 1980 and 1985. Which expenditure underwent the greatest price increase?
Transcribed Image Text:
Year 1980 1985 1990 Housing 127.2 145.6 166.7 Food 129.3 141.2 171.2 Transportation 151.2 170.6 200.3
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Related Book For
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
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