Inflation Assignment | Homework For You
May 21st, 2020
5. Inflation was 8 percent during the most recent year and your organization’s investment in land rose 12 percent. If the beginning appraised land value was $1.000.000, what increase in specific prices over general price level would be reported stated in year-end dollars?
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A $20.000 B. 540.000 C. $43 200
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