The American community surveys collects income information in the US in 2015 persons aged 25 and over with a bachelors degree had annual medical earnings of $50,595 while in 2017 respirated annual median earnings at this level of eduction was $52,019   d. If annual median earnings for these persons had rises at the rate of inflated for the period 2015-2017 what would the Median earning have been in 2017? Use three significant digits and state implied meaning.   E. To keep up with inflation what should a standard 25 cent first class postage stamp from 1991 cost in 2019 as always wound to nearest penny.

Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
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The American community surveys collects income information in the US in 2015 persons aged 25 and over with a bachelors degree had annual medical earnings of $50,595 while in 2017 respirated annual median earnings at this level of eduction was $52,019

 

d. If annual median earnings for these persons had rises at the rate of inflated for the period 2015-2017 what would the Median earning have been in 2017? Use three significant digits and state implied meaning.

 

E. To keep up with inflation what should a standard 25 cent first class postage stamp from 1991 cost in 2019 as always wound to nearest penny. 

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