Table 9-21
Source: Energy Information Administration
-Refer to Table 9-21.The table above reports the consumer price index and the average U.S.retail price for unleaded regular gasoline for four different periods since 1976.Note that the gasoline prices are in cents per gallon.
Calculate the real average retail price of unleaded regular gasoline in 1982-1984 dollars.In which period were gasoline prices the highest in real terms? Also,calculate the real average retail price of unleaded regular gasoline in 2011 dollars.
Definitions:
Socioemotional Change
Variations in emotional and social behavior that occur over the lifespan, influenced by a combination of individual, contextual, and cultural factors.
Multidisciplinary
Involving or combining several academic disciplines or professional specializations in an approach to a topic or problem.
Resilience
The ability to recover quickly from difficulties; psychological strength and adaptability in the face of challenges.
Paralympic Games
An international multi-sport event for athletes with physical, mental, and sensorial disabilities.
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