What will its price be in nominal dollars at end of one year, Microeconomics

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What will its price be in nominal dollars at end of one year

Problem

The price of a National Computer 686VX computer is presently $2200. If deflation of 2% per quarter is expected on this computer, what will its price be in nominal dollars at the end of 1 year? If inflation is 4.5% per year, what will the price be in year-0 dollars?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What will its price be in nominal dollars at end of one year

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Microeconomics: What will its price be in nominal dollars at end of one year

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