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5-- Suppose you have $5,000 in savings when the price level index is 100. Round your responses to the nearest whole numb
Posted: Sun Jul 03, 2022 1:05 pm
by answerhappygod
- 5 Suppose You Have 5 000 In Savings When The Price Level Index Is 100 Round Your Responses To The Nearest Whole Numb 1 (32.82 KiB) Viewed 13 times
5-- Suppose you have $5,000 in savings when the price level index is 100. Round your responses to the nearest whole number. Hint: You must use the price index to calculate your answer. a. What is the real value of your savings if the price level increases by 10 percent for the year? b. What is the real value of your savings if the price level decreases by 10 percent for the year?