Business, 13.11.2019 20:31 Seena912

Suppose the nominal median household income in the united states was $24,218.00 in 1985, $35,078.00 in 1995, $48,726.00 in 2005, and $51,676.00 in 2010.

you will need to know that the cpi (multiplied by 100, 1982–1984 = 100) was 107.8 in 1985, 152.6 in 1995, 195.5 in 2005, and 218.3 in 2010.

instructions: enter your responses rounded to two decimal places.

year

real income

1985

$

1995

$

2005

$

2010

$

between 1985 and 2005, the real median household income (rose/declined/stayed constant)?

between 2005 and 2010, the real median household income (stayed constant/rose/declined)?

if the boskin commission's conclusions about cpi were confirmed, then real median income would be (greater than/smaller than/the same) as the values computed above?

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 11:20

You decided to charge $100 for your new computer game, but people are not buying it. what could you do to encourage people to buy your game?

Answers: 1

Answer

Business, 22.06.2019 15:40

Aprice control is: question 1 options: a)a tax on the sale of a good that controls the market price.b)an upper limit on the quantity of some good that can be bought or sold.c)a legal restriction on how high or low a price in a market may go.d)control of the price of a good by the firm that produces it.

Answers: 1

Answer

Business, 23.06.2019 00:30

Emerson has an associate degree. based on the bar chart below,how will his employment opportunities change from 2008 to 2018

Answers: 2

Answer

Business, 23.06.2019 06:00

If a society decides to produce consumer goods from its available resources, it is answering the economic question

Answers: 1

Answer

You know the right answer?

Suppose the nominal median household income in the united states was $24,218.00 in 1985, $35,078.00...