SOLUTION: My economic class is quite challenging. Here is a question regarding the CPI.
I(t) = - 0.2t2 + 3t = 200 , t = 0 and corresponds to the year of 1995 where as 0 ≤ t &
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Question 122671: My economic class is quite challenging. Here is a question regarding the CPI.
I(t) = - 0.2t2 + 3t = 200 , t = 0 and corresponds to the year of 1995 where as 0 ≤ t & ≤ 5
What would the CPI by at in 1996?
What’s the rate of change from 1995 – 96?
How’s the index changing in 1998?
Any help in answering these questions on the CPI would be greatly appreciated. Thank you so much in advance!
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
I(t) = - 0.2t2 + 3t = 200
Your posted formula is probably wrong---a typo?
Cheers,
Stan H.
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