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Real-Time Data Analysis Exercise The following table contains the values of two consumer price index categories from FRED* for August, 2021. Consumer Price Indexes: Selected
Real-Time Data Analysis Exercise The following table contains the values of two consumer price index categories from FRED* for August, 2021. Consumer Price Indexes: Selected Categories Month/Yr Housing Medical Care Aug/2021 281.957 525.724 *Real-time data provided by Federal Reserve Economic Data (FRED), Federal Reserve Bank of Saint Louis. Because the index for medical care exceeds the index for housing, it must be the case that a unit of medical care costs more than a unit of housing. This assertion is false . Suppose that prices for both housing and medical care increase by 20%. Complete the following table to show the increase that occurs in each of these indexes. (Enter your responses rounded to one decimal place.) Consumer Price Index Increases: Selected Categories Housing Medical Care Get More Help Media Clear All Check Answer OCT 5 tv MacBook Pro esc
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