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
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
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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