Answers
ECON 1012 Tien: Macroeconomics Homework 3 Answer Key
- Course
- ECON 1012 (ECON1012)
- Institution
- George Washington University
a. Percentage increase in cookie price during the 50 year period:$3-$11*100= 200%increase b. Percentage increase in wage during the 50 year period: $18-$77x 100 = 157% increase c. In 1969, cookie monster has to work $1* 60 minutes$7=9 minutes to buy a box of cookies In 2018, cookie monster has to w...
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