You will find how to measure CPI-U U.S. city average by expenditure category. The two periods...
You will find how to measure CPI-U U.S. city average by expenditure category. The two periods are September 2018 and September 2019. By what percent did this index change? Remember to show all work, starting with the formula and working through to the answer.
Homework Answers
CPI U in US Expenditure Category for All Cities Average Unadjusted as per BLS website, is
September 2018= 252.439
September 2019= 256. 759
Thus percentage change = ((September's 2019- September 2018)/September 2018))×100
= ((256.759-252.439)/252.439)) × 100= 4.32×100/ 252.439= 1.7%.
Source : Economics news releases, Bureau of Labor Statistics.
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You will find how to measure CPI-U U.S. city average by
expenditure category. The two periods...
Part a: You will find how to measure CPI-U U.S. city average by expenditure category. The...
Part a: You will find how to measure CPI-U U.S. city average by expenditure category. The two periods are September 2018 and September 2019. By what percent did this index change? Remember to show all work, starting with the formula and working through to the answer. part b: Using 1982-84 as the base period, find the percentage change in the index from the base period to Q3 2019. Again, start with formula and derive answer typing everything.
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