1. Using an Excel spreadsheet and the data listed below, calculate (i) the amount of revenues per capita in constant dollars for each of the years 2016-2019, and (ii) the annual percentage change in the amount of revenues per capita expressed in constant dollars for each of the years 2017-2019.

Revenues Per Capita

year (in current dollars) CPI

2016 $700 110

2017 $750 113

2018 $790 118

2019 $820 122

2. Given the figures noted in Part B, what concerns might you have about the City of Hometowns revenues per capita? What additional information would you want to obtain to help you further analyze the revenues?
3. Given the figures noted in Part B, what concerns might you have about the City of Hometowns revenues per capita? What additional information would you want to obtain to help you further analyze the revenues?