look at the homework i attashed and take the answers from the a.docx - look at the homework i attashed and take the answers from the attachedment

# Look at the homework i attashed and take the answers from the a.docx

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look at the homework i attashed and take the answers from the attachedment assignment you have to change the grammer and summariz it ( make it looks different ) hw6.docx ASSIGNMENT 6 (20 points) Note: Please write legibly so that it is easy to read the answers while grading Last Name _______________________ First Name _________________________
1. Refer to the table above. Consumers in a country buy only two goods, sneakers and manicures. The prices and quantities purchased by urban households are in the table above. The reference base year is 2007. Calculate the CPI for 2008. Show your calculations. (5 points) 2. In 1973, the price of a Big Mac was \$0.50. The CPI in 1973 was 44.4 while the CPI in 2006 was 201.6. Calculate the equivalent price of a Big Mac in 2006 dollars. (4 points)
3. Congratulations! Your boss has given you a raise. However, you want to know whether your purchasing

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• Christopher L. Litten, MA, Ph.D.

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