Question
This introductory assignment to the topic emphasizes the consumer power of a society. In Puerto Rico, consumption has always been notable and of great importance
This introductory assignment to the topic emphasizes the consumer power of a society. In Puerto Rico, consumption has always been notable and of great importance to the economy.
a. Construct a table with the Personal Consumption Expenditure values in constant and current terms for the period 2011 and 2020. Calculate the percentage change in each of the items (table 5 and 6)
b. Use the Personal Consumption Expenditure data for 2020 in current and constant terms to build a table that presents the 5 most important items or expenses and their value.
c. Some behavior different from what you think your individual priorities are is observed in society's priorities. Comment.
Link for the tables:
https://docs.google.com/spreadsheets/d/1-Yj_vGrOA5tGeqzS7Fw3yF7N5vnh0zUZRSTKGqj9qS8/edit?usp=sharing
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