Question
It is known that the actual increase in the price of goods each year is as follows: Year Salary CPI 2017 Rp. 3.000.000 130 2018
It is known that the actual increase in the price of goods each year is as follows: Year Salary CPI
2017 Rp. 3.000.000 130
2018 Rp. 4.000.000 140
2019 Rp. 3.500.000 160
2020 Rp. 5.500.000 170
a. Calculate the result of deflation for the price data and what the average increase is! b. What is the difference between real 2020 prices and 2019 real prices? c. If the actual price in 2020 is Rp. 2,000,000, is the real price higher than the actual price in 2019? Explain!
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Matlab With Applications To Mathematics, Science, Engineering, And Finance
Authors: Jose Miguel David Baez Lopez, David Alfredo Baez Villegas
1st Edition
1351856162, 9781351856164
