« previous next »

Author Question: If the price of a soda was 15 cents in 1970, when the CPI was 50, and 50 cents in 2007, when the CPI ... (Read 131 times)

itsmyluck

  • Hero Member
  • *****
  • Posts: 546
on: Jun 29, 2018
If the price of a soda was 15 cents in 1970, when the CPI was 50, and 50 cents in 2007, when the CPI was 172, then
 
  A) the price of the soda was greater in real value in 1970 than in 2007.
  B) prices on average have increased 567 percent.
  C) the price of a soda has increased a greater percentage than the CPI.
  D) prices on average have increased 244 percent.
  E) the real price of a soda is the same in 1970 and 2007.

Question 2

Based on the figure above, in which quarter or quarters did a trough occur?
 
  A) between 2013, 2nd quarter to 2014, 2nd quarter
  B) between 2012, 2nd quarter to 2013, 2nd quarter and also between 2014, 2nd quarter to the end of the figure
  C) in 2013, 2nd quarter
  D) in 2014, 2nd quarter
  E) There are no troughs illustrated in the figure.


Swizqar

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

itsmyluck

  • Hero Member
  • *****
  • Posts: 546
Reply #2 on: Jun 29, 2018
Thank you :)


Swizqar

  • Sr. Member
  • ****
  • Posts: 357
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

The proportion of men and women with elevated blood pressure or taking hypertension medication incre The proportion of men and women with elevated blood pressure or taking hypertension medication incre
Sulfur Dioxide (SO2) Trend, 1970 - 2008 Sulfur Dioxide (SO2) Trend, 1970 - 2008
How Much Hidden Sugar Is in Soda? How Much Hidden Sugar Is in Soda?
The Many Sizes of Soft Drinks A bottle or can of soda can provide from 6 to 17 teaspoons of added The Many Sizes of Soft Drinks A bottle or can of soda can provide from 6 to 17 teaspoons of added
Price of Computers, 1982–2010 Price of Computers, 1982–2010
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ... Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...
Video: Membrane transport proteins - pores, gated channels and pumps

For a complete list of videos, visit our video library