Question
Lake City: Park Gazebo Revenues and CPI (1984-2012) a. Calculate 2012 constant dollars for the rental revenue. b. Calculate 1984 constant dollars for the rental
Lake City: Park Gazebo Revenues and CPI (1984-2012)
a. Calculate 2012 constant dollars for the rental revenue.
b. Calculate 1984 constant dollars for the rental revenue.
c. Create a line graph displaying the nominal dollars, 2012 constant dollars, and 1984 constant dollars across all years of data.
d. How would you use these data to create a compelling financial argument to increase rental rates? Would you use all of the data?
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Principles of Economics
Authors: Fred M. Gottheil
7th edition
978-1133962069, 9781285064444, 1133962068, 1285064445, 978-1285064437
