Question
Layla bought a house for $25,000 in 1982 when the CPI was 100. In 2020, her son Kawa, sold the house for $250,000 when the
Layla bought a house for $25,000 in 1982 when the CPI was 100. In 2020, her son Kawa, sold the house for $250,000 when the CPI was 250. What is the nominal price percentage change of the house from purchase to the sale of the house?
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The New International Financial System Analyzing The Cumulative Impact Of Regulatory Reform
Authors: Douglas Evanoff , Douglas D Evanoff , Andrew G Haldane , George G Kaufman
1st Edition
9814678325,9814678341
