Home /
Expert Answers /
Economics /
suppose-over-the-last-year-that-the-price-of-iron-ore-increased-from-1-200-a-ton-to-1-275-a-ton-o-pa114
(Solved): Suppose over the last year that the price of iron ore increased from $1,200 a ton to $1,275 a ton. O ...
Suppose over the last year that the price of iron ore increased from $1,200 a ton to $1,275 a ton. Over the same time a measure of the overall price level increased from 150 to 156. The price of iron ore increased by