Principles of Macroeconomics Chapter 7-INFLATION Worksheet 1. Calculate the CPI for the following hypothetical simple Economy. Products in Consumers' Market Basket Hamburgers Gallons of Gas Jeans Quantity Purchased 50 250 2 1982 Price $0.80 $0.70 $15 2018 Price $2 $2.5 $30

Principles of Macroeconomics Chapter 7-INFLATION Worksheet 1. Calculate the CPI for the following hypothetical simple Economy. Products in Consumers' Market Basket Hamburgers Gallons of Gas Jeans Quantity Purchased 50 250 2 1982 Price $0.80 $0.70 $15 2018 Price $2 $2.5 $30

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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