HW chap 6-2

Pricesbetweenjuneandjulychangedby changedby 3865

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Unformatted text preview: e base period. How did his cost of living change according to this measure? Instructions: Round your answers to 1 decimal place. Prices between June and July changed by changed by 33.9 ± .5 percent, and prices between July and August 10.2 ± .5 percent. Create a Laspeyres price index using August as the base period. How did his cost of living change according to this measure? Instructions: Round your answers to 1 decimal place. Prices between June and July changed by changed by 38.6 ± .5 percent, and prices between July and August 7...
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This note was uploaded on 01/22/2014 for the course ECO 3352 taught by Professor Ax during the Fall '13 term at Troy.

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