While rooting through the attic you discover a box of old tax forms. you find that your grandmother made $75 working part-time during december 1964 when the cpi was 31.3. how much would you need to have earned in in july of 2018 to have at least as much real income as your grandmother did in 1964? the cpi for july 2018 was 252.006. show your work for credit.

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.

It would be contaminated with germs