Gas prices are high at 330 in the year of 2008 compared the, Business Economics

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Gas prices are high at 330 in the year of 2008 compared the

Gas prices are high at $3.30 in the Year of 2008, compared the prices in 1979 of gas prices for $1.00. Are Nominal prices or the Real Prices higher today, then in the past? How do you know? show your work. Use the CPI in 1979 of 85 and in 2008 of 218.

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Business Economics: Gas prices are high at 330 in the year of 2008 compared the

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