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Consider the following 99 - 89 = 10 -------- = 11.24 89 27.24 - 11.24 = 16 Suppose you are given Example Consider an economy where Suppose that in 2013 2.65 + 2.91 + 3.05 = 8.61 2.65 + 3.05 = 5.70 7.39 - 3.97 = 3.42 New Section 1 Page 1

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Page 1: Document1

Consider the following

99 - 89 = 10

-------- = 11.24

89

27.24 - 11.24 = 16

Suppose you are given

Example

Consider an economy where

Suppose that in 2013

2.65 + 2.91 + 3.05 = 8.61

2.65 + 3.05 = 5.70

7.39 - 3.97 = 3.42

New Section 1 Page 1

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Page 2: Document1

Example

In 2002

Suppose in 2002

Suppose that you are

Example

100 2013

10*80=800

25*350=8,750

Total: 800+8750 = 9,550

2014

10*100=1,000

25*390=9,750

Total: 1000+9750=10,750

10750/9550*100=112.57

112.57

2148/1971*100=108.9802 or 109.0

226 * .66 = 149.16

149.16 - 6 =143.16

6 / 149.16 = 0.0402 or 4%

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Page 3: Document1

Between 2013 and 2014

150*.096 =14.4

150-14.4 =135.6

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© 2007 M. Tallman. 15 1 1 + 5 1 5 1 5 1 3 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1

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