Business, 02.08.2019 18:20 JeroMii

Consider the following data about the economy in two different years: median household income average price of a house cpi 1987 $26,100 $121,000 125 2007 $50,233 $217,900 205 the cpi in 2017 was 247. answer the following questions and round all answers to two decimal places. what was the inflation rate between 1987 and 2007? % calculate real median household income in 1987, measured in 2017 dollars: $ calculate real median household income in 2007, measured in 2017 dollars: $ calculate the real value of a house in 1987, measured in 2017 dollars: $ calculate the real value of a house in 2007, measured in 2017 dollars: $

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Consider the following data about the economy in two different years: median household income avera...

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