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Since 1970 have gas prices risen with the same inflation rate as other prices like milk or shampoo?
No they have risen because of the increasing lack of availability of oil which is used to make gas. Each curency will have a different inflation rate. The dollar maybe see 5%, rubble maybe 10%, and so on. They all have different inflation rates.
Gas prices in 1915?
In the U.S. gas had risen to around .20 cents per gallon which adjusted for inflation is equal to $4.56 in 2012 dollars.
Why have cell phone prices risen in the US in 2011?
Cellphone prices have risen in the US in 2011 because of the US's poor economy, also technology is advancing and phone companies have to pay people to develop the new technology.
How do changes in the GDP deflator accurately reflect changes in the prices of goods and services?
Changes in the GDP deflator accurately reflect changes in the prices of goods and services by measuring the overall price level of the economy. The GDP deflator accounts for inflation or deflation by comparing the current prices of goods and services to a base year. When the GDP deflator increases, it indicates that prices have risen, and when it decreases, it suggests that prices have fallen. This helps economists and policymakers understand how inflation or deflation is impacting the economy.
Why is the cost of gas so high?
probably because fuel prices have risen up all across the globe
What did gas cost in 1962?
In 1962, the average cost of gasoline in the United States was around 28 cents per gallon. This price was significantly lower than today's rates, reflecting the economic conditions and inflation at the time. Gas prices have risen over the decades due to various factors, including increased demand, changes in crude oil prices, and inflation.
When was gas 35 cents a gallon?
Gas prices reached around 35 cents a gallon in the early 1970s. Specifically, this price was common before the oil crisis of 1973, which significantly increased fuel costs. Prices have generally risen since then due to inflation and changes in the global oil market.
Have the current gold prices risen up ?
Gold prices have risen over the last year dramatically but have slowed and dropped a little in the last month. They are currently around 1100.00 per ounce.
How much has the cost of living in New Jersey risen over the past year?
The cost of living in New Jersey has increased by approximately 2% over the past year. This rise in cost is attributed to factors such as inflation, housing prices, and healthcare expenses.
Why the gold prices have fallen in recent past?
gold has risen lately.
How much was cereal in 1980 and 1990?
In 1980, the average price of cereal was approximately $1.10 per box. By 1990, the price had risen to around $2.50 per box. This increase reflects broader trends in inflation and changes in food prices over the decade.
Why is Billy happy about the latest fad in the new England states in the story Where the Red Fern Grows?
Billy is excited because the coon hide prices have risen.
