Compute the real values of the social welfare benefit

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Reference no: EM1364531

year CPI
2006 100
2007 108
2008 118

suppose the social welfare benefit received by a typical family in country c was 5000 in these 3 years. calculate the real values of the social welfare benefit received by a typical family in these 3 years using constant (2006) price.

Reference no: EM1364531

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