Business, 21.07.2020 22:01 jilliand2030

In 2015, the consumer price index (CPI) was 238,000 whereas it was about 100 in 1982. Suppose that one of your parents had a job that paid $28000 in 1982 and a job that paid $60,000 annually in 2015. Relative to 1982, we could say that your parents nominal income in 2015 and that your parents real income . a. increased
b. decreased
c. stayed the same

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In 2015, the consumer price index (CPI) was 238,000 whereas it was about 100 in 1982. Suppose that o...

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