The table shows some Price Real price beef prices (1982-1984 cents per (cents per pound) and the CPI for Year CPI pound) four years. 1981 180 90.9 The reference 1991 197 136.2 base period is 2001 211 176.6 1982-1984. 2006 260 198.5 ... Calculate the real price of beef in each year in 1982-1984 dollars and enter your numbers in the table. >>> Answer with a whole number.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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The table
shows some
Real price
(1982-1984 cents per
pound)
Price
beef prices
(cents
per pound)
and the CPI for
Year
CPI
four years.
1981
180
90.9
The reference
1991
197
136.2
base period is
2001
211
176.6
1982-1984.
2006
260
198.5
Calculate the
real price of
beef in each
year in
1982-1984
dollars and
enter your
numbers in the
table.
>>> Answer
with a whole
number.
Transcribed Image Text:The table shows some Real price (1982-1984 cents per pound) Price beef prices (cents per pound) and the CPI for Year CPI four years. 1981 180 90.9 The reference 1991 197 136.2 base period is 2001 211 176.6 1982-1984. 2006 260 198.5 Calculate the real price of beef in each year in 1982-1984 dollars and enter your numbers in the table. >>> Answer with a whole number.
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