PRINCIPLES OF MACROECONOMICS (LL)W/ACC.
PRINCIPLES OF MACROECONOMICS (LL)W/ACC.
7th Edition
ISBN: 9781264088980
Author: Frank
Publisher: MCG
Question
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Chapter 6, Problem 1P

(a)

To determine

Calculate the consumer price index and the inflation rate.

(b)

To determine

Identify if the family is worse off or better off relative to their income.

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