Question Help ▼ The average price of a domestic airline ticket increased from $272 in 1989 to $427 in 2016. Use the table to the right to complete parts (a) and (b) below. a. Calculate the relative change in price from 1989 to 2016, and compare this change to the overall rate of inflation as measured by the Consumer Price Index. Average Annual Consumer Price Index (CPI) (1982- 1984 = 100) Year CPI Year CPI Year CPI 188.9 195.3 Domestic airline ticket prices increased by %. 1976 56.9 1990 130.7 1977 1978 60.6 65.2 72.6 82.4 2004 2005 2006 (Round to the nearest integer as needed.) 1991 136.2 1992 1993 140.3 1979 1980 201.6 207.3 144.5 2007 1994 1995 148.2 152.4 2008 1981 1982 90.9 96.5 215.3 214.5 1996 1997 156.9 160.5 2009 2010 2011 218.1 224.9 1983 99.6 103.9 1984 1985 1998 163.0 2012 2013 229.6 233.0 107.6 109.6 113.6 118.3 1999 2000 166.6 172.2 177.1 1986 2014 236.7 1987 2001 2002 2015 2016 237.0 1988 179.9 240.0 1989 124.0 2003 184.0

Advanced Engineering Mathematics
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ISBN:9780470458365
Author:Erwin Kreyszig
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Chapter2: Second-order Linear Odes
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The average price of a domestic airline ticket increased from $272 in 1989 to
$427 in 2016. Use the table to the right to complete parts (a) and (b) below.
a. Calculate the relative change in price from 1989 to 2016, and compare this
change to the overall rate of inflation as measured by the Consumer Price Index.
Average Annual
Consumer Price Index (CPI)
(1982 - 1984 = 100)
Year
CPI
Year
CPI
Year
CPI
Domestic airline ticket prices increased by %.
1976
56.9
1990
130.7
2004
2005
2006
188.9
195.3
201.6
(Round to the nearest integer as needed.)
1977
60.6
1991
1992
1993
136.2
1978
65.2
140.3
1979
72.6
144.5
148.2
2007
207.3
215.3
214.5
218.1
224.9
229.6
233.0
236.7
237.0
240.0
1980
1981
1982
82.4
90.9
1994
1995
1996
152.4
156.9
160.5
2008
2009
96.5
99.6
2010
1983
1997
2011
1984
103.9
1998
163.0
2012
1985
107.6
109.6
1999
166.6
2013
1986
2000
172.2
2014
1987
113.6
2001
177.1
2015
1988
118.3
2002
179.9
2016
1989
124.0
2003
184.0
Transcribed Image Text:Question Help The average price of a domestic airline ticket increased from $272 in 1989 to $427 in 2016. Use the table to the right to complete parts (a) and (b) below. a. Calculate the relative change in price from 1989 to 2016, and compare this change to the overall rate of inflation as measured by the Consumer Price Index. Average Annual Consumer Price Index (CPI) (1982 - 1984 = 100) Year CPI Year CPI Year CPI Domestic airline ticket prices increased by %. 1976 56.9 1990 130.7 2004 2005 2006 188.9 195.3 201.6 (Round to the nearest integer as needed.) 1977 60.6 1991 1992 1993 136.2 1978 65.2 140.3 1979 72.6 144.5 148.2 2007 207.3 215.3 214.5 218.1 224.9 229.6 233.0 236.7 237.0 240.0 1980 1981 1982 82.4 90.9 1994 1995 1996 152.4 156.9 160.5 2008 2009 96.5 99.6 2010 1983 1997 2011 1984 103.9 1998 163.0 2012 1985 107.6 109.6 1999 166.6 2013 1986 2000 172.2 2014 1987 113.6 2001 177.1 2015 1988 118.3 2002 179.9 2016 1989 124.0 2003 184.0
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