Answer to Frame 16

Basic Statistics
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25

ANSWER TO FRAME 16.

The ratio = Current Year Value X 100

Current Index

= 12,000 X 100

125

= 9.60 X 100

= ,600

Thus, your 1988 income is ,600. In terms of 1985 dollars, you lost 0 in purchasing power.

FI0921

Index

Integrated Publishing, Inc. - A (SDVOSB) Service Disabled Veteran Owned Small Business