18Question - If someone needed $40,000 to maintain a certain standard of living in 1985, how much would be needed to maintain the same standard of living in 2006? (Your answer should be in a well written contextual sentence).

30Question-- If you see a house valued at $1,000,000 in Boston, find the price of a comparable house in San Francisco and Cheyenne.(Note this problem is using the Housing Price Index)

44Question. ----Price of Gold -----The price of gold (in dollars per troy ounce at the end-of-year close) is shown in the table below.Year 1980 1990 2000 2010Price $590 $391 $273 $1410a. The prices shown in the table are not adjusted for inflation. Rewrite the above table expressing all prices in terms of 2000 dollars.b. If you bought three ounces of gold in 1980 and sold it in 2000, would you have seen a profit (adjusted for inflation)? Explain.c. If you bought three ounces of gold in 2000 and sold it in 2010, would you have seen a profit (adjusted for inflation)? Explain. (Respond to the questions in the text)