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Author Question: The Canadian CPI was 109.1 in 2006 and 114.4 in 2009 relative to the base year of 2002. Determine ... (Read 130 times)

drink

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on: Jun 7, 2019

Question 1

Penny earned $26 000 in 2007. If the Consumer Price Index in 2007 was 111.5 and in 2009 was 114.4, what did Penny have to earn in 2009 just to keep up with inflation?

Question 2

The Canadian CPI was 109.1 in 2006 and 114.4 in 2009 relative to the base year of 2002. Determine the purchasing power of the Canadian dollar for the two years, and interpret the meaning of the results?
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
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Marked as best answer by drink on Jun 7, 2019

kilada

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Reply #1 on: Jun 7, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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drink

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Reply #2 on: Jun 7, 2019
Thank you!


kilada

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Reply #3 on: Jun 7, 2019
Always glad to help...


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