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Author Question: Table 9-21 Source: Energy Information AdministrationRefer to Table 9-21.The table above reports the ... (Read 82 times)

imanialler

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on: Mar 16, 2019

Table 9-21








 Source: Energy Information Administration


Refer to Table 9-21. The table above reports the consumer price index and the average U.S. retail price for unleaded regular gasoline for four different periods since 1976. Note that the gasoline prices are in cents per gallon.


Calculate the real average retail price of unleaded regular gasoline in 1982-1984 dollars. In which period were gasoline prices the highest in real terms? Also, calculate the real average retail price of unleaded regular gasoline in 2011 dollars.

Macroeconomics ¦ Hubbard, O'Brien ¦ 6th Edition
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Marked as best answer by imanialler on Mar 16, 2019

mcni194

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Reply #1 on: Mar 16, 2019
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imanialler

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Reply 2 on: Mar 16, 2019
Excellent

bitingbit

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