economics

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The receipts and year of release of the five movies with the largest nominal box office revenues, along with the CPI data of each year are presented below. Assuming that the receipts for each of the movies were derived during their year of release, convert the receipts for each to real dollars for the year 2010 (2010 CPI 218.1). Put the movies in order from largest to smallest real box office receipts. 



Aug 29th, 2013
hi where is the data?
Aug 29th, 2013
Aug 29th, 2013

I have six of them I am willing to pay 5 dollars per set. I can send all of them to u. 

Aug 29th, 2013

... let me solved this one first :)

Aug 29th, 2013

Ok. Did u get it .  

Aug 29th, 2013

am looking into it...

Aug 29th, 2013

Movies Nominal Year Released CPI in Year Released. REAL (2010)
Box Office Receipts (millions)
Star Wars 461 1977 60.5   1,661.89
Avatar $760.50 2009 214.5   773.26
E.T. The Extra-Terrestrial 399.9 1982 96.5   903.82
Titanic 600.8 1997 160.5   816.41
Shrek 2 437.2 2004 188.9   504.78
       
Formula        
CPI = (Nominal P/Real P)x218.1        
Example = Star wars        
60.5= (461/X) x218.1        
X= (461/60.5)x218.1        
X = 1661.89        
try to check this one..

Aug 29th, 2013

Can u explain it to me cause I really don't understand 

Aug 29th, 2013

the problem is we will trying to determine the price if it is sold year 2010

Aug 29th, 2013

wait i will provide some links.... then ask me questions http://www.rateinflation.com/inflation-information/calculate-inflation

Aug 29th, 2013

What about the other question on paper. And how did u get 60.5


Aug 29th, 2013

CPI is given already...

Aug 29th, 2013

sorry for the late response am taking my lunch break

Aug 29th, 2013

Can u help with other questions 

Aug 30th, 2013

Can u help with other questions 

Aug 30th, 2013

yeah just post your assignments..

Aug 30th, 2013

I did already. Yesterday. Just pull assignment from yesterday

Aug 30th, 2013

Did u get it 


Aug 30th, 2013
ok let me check the other questions...
Aug 30th, 2013

am going to post the answers pls post the question with the correspponding payment

Aug 30th, 2013

you there?

Aug 30th, 2013

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Aug 29th, 2013
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Aug 29th, 2013
Dec 10th, 2016
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