Answer for last two extra credits

Answer for last two extra credits - 2000&2001,and...

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1. The CPI problem: Quantity consumed Prices 2000 Prices 2001 Prices 2002 X 100 1 1.5 1.75 Y 150 1.5 2 2 Z 25 3 3.25 3 Convert the results into an index by dividing each bundle price figure by the bundle price in year 2000, calculate the percentage change in your index between
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Unformatted text preview: 2000&2001,and between 2001&2002. 2000 2001 2002 Bundle price $400 $531.25 $550 index 1 1.328 1.375 %change 32.8% 3.54% 2. Extra credits: multiple choices BCAC...
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This note was uploaded on 10/20/2011 for the course ECO 108 taught by Professor Wolman during the Spring '08 term at SUNY Stony Brook.

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