Government survey takers noted the following prices each year for the listed items. Items 2016 2017 2018 Pizza $10 $20 $20 Cell Phone Service $90 $180 $180 Crude Oil (barrel) $90 $180 $90 а. Calculate...

Government survey takers noted the following prices each year for the listed items.<br>Items<br>2016<br>2017<br>2018<br>Pizza<br>$10<br>$20<br>$20<br>Cell Phone Service<br>$90<br>$180<br>$180<br>Crude Oil (barrel)<br>$90<br>$180<br>$90<br>а.<br>Calculate the percentage increase in PPI from the base year, 2016 to 2017.<br>b.<br>Calculate the percentage increase in CPI from the base year, 2017 to 2018.<br>С.<br>What is likely to happen to CPI if the unemployment rate continues to decline<br>

Extracted text: Government survey takers noted the following prices each year for the listed items. Items 2016 2017 2018 Pizza $10 $20 $20 Cell Phone Service $90 $180 $180 Crude Oil (barrel) $90 $180 $90 а. Calculate the percentage increase in PPI from the base year, 2016 to 2017. b. Calculate the percentage increase in CPI from the base year, 2017 to 2018. С. What is likely to happen to CPI if the unemployment rate continues to decline

Jun 09, 2022

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Government survey takers noted the following prices each year for the listed items. Items 2016 2017 2018 Pizza $10 $20 $20 Cell Phone Service $90 $180 $180 Crude Oil (barrel) $90 $180 $90 а. Calculate...

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