Question
The consumer price index (CPI) rose from 103.3 to 119.7, while Helen's net salary didn't change at all. Calculate the relative real change in Helen's
The consumer price index (CPI) rose from 103.3 to 119.7, while Helen's net salary didn't change at all. Calculate the relative real change in Helen's salary (purchasing power) as percentage.
Round the figure so, that the answer has 2 decimals. Enter a plain number without %-sign and use decimal point (.) Remember to indicate the direction of the change (+/-).
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Risk Sensitive Investment Management
Authors: Mark H A Davis, Sébastien Lleo
1st Edition
9814578037, 978-9814578035
