pts Question 28 Use the data in Study shows costs of living for working

Pts question 28 use the data in study shows costs of

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3 / 3 ptsQuestion 28Use the data in "Study shows costs of living for working familiesleveling off in Pa." to answer questions 28 – 31.Using Allegheny county as the base county, the price index in Northamptoncounty is: 100 88.15 117.07 93.73
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2/3/2019 Homework 02: Econ 104 WC Sec 1 Spring 2019 3 / 3 pts Question 29Using Allegheny county as the base county, the price index in Delawarecounty is: 3 / 3 ptsQuestion 30Allegheny county is still the base county, if you are currently making $75,000per year in Northampton county, how much would you need to make inAllegheny county to have the same real purchasing power as you have inNorthampton county? 0 / 3 pts Question 31 Incorrect Incorrect Allegheny county is still the base county, if you are currently making $75,000per year in Northampton county, how much would you need to make in
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2/3/2019 Homework 02: Econ 104 WC Sec 1 Spring 2019 17/19 Delaware county to have same purchasing power as you have inNorthampton county? $60,047.41 $109,985.82 $93,675.98 $80,017.07 3 / 3 ptsQuestion 32A friend of mine came to Penn State in the 1970s and told me that stickybuns at the College Diner cost $.75 (75 cents) in December of 1976. The CPIin December of 1976 was 58.4 and in December of 2017, the CPI was247.91. Use this CPI data and assuming that the price of sticky buns rose inexact proportion to the CPI, what would the price of sticky buns have to be inDecember of 2017 so that the ‘real price’ of sticky buns remained constant? Part 2: 4 questions at 1 points each for a total of 4 points 1 / 1 pts Question 33
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2/3/2019 Homework 02: Econ 104 WC Sec 1 Spring 2019 The full-employment rate of unemployment is zero. 1 / 1 ptsQuestion 34In general, economists rely more heavily on the establishment survey ratherthan the household survey to evaluate the state of the labor market. True False 1 / 1 ptsQuestion 35If Ethel sold her 2003 Ford Focus for $2,250 in 2017, the sale of her carcontributed $2,250 to 2017 GDP. 1 / 1 ptsQuestion 36If an increase in residential burglaries results in households spending moremoney on security systems, GDP will rise.
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2/3/2019 Homework 02: Econ 104 WC Sec 1 Spring 2019 19/19 Quiz Score: 70 out of 100
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