What will its price be in nominal dollars

Reference no: EM132171212

Question - The price of a Hee Haw Model BR549 computer is presently $2200. If deflation of 2% per quarter is expected on this computer, what will its price be in nominal dollars at the end of 1 year? If inflation is 4.5% per year, what will the price be in Year-0 dollars?

Reference no: EM132171212

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