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Question 1 1 pts When Kevin started working 20 years ago, his salary was $56,051. His current salary is $168,756. When Kevin started working, the
Question 1 1 pts When Kevin started working 20 years ago, his salary was $56,051. His current salary is $168,756. When Kevin started working, the price level was 127, while the current price level is 152. How much has Kevin's salary increased in real terms over the 20 years? State your answer to two decimal places (e.g., 3;28). Question 2 1 pts In 1975 the price of a new house was $48,736. In 2020 the price of a new house is $193,384. How much has the price of housing increased over the entire time period in percentage terms? State your answer to two decimal places (e.g., 4.76)
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