Solve the Problem Suppose That an Item Cost $46 in 1975

question 113

Multiple Choice

Solve the problem.
-A part of the Consumer Price Index (CPI) is given below: $$\begin{array} { l | c | c | c | c | c } \text { Year } & 1975 & 1980 & 1985 & 1990 & 1995 \\\hline \text { CPI } & 53.8 & 82.4 & 107.6 & 130.7 & 152.4\end{array}$$ Suppose that an item cost $46 in 1975. If the cost of that item just "kept up with inflation," what would it cost, to
The nearest dollar, in 1995?

• A)$198
• B)$130
• C)$16
• D)$100

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Definitions:

Speech Development

The process by which children learn to communicate and express themselves through spoken language, involving a sequence of stages that typically begins with babbling and progresses to the formation of words and sentences.

First Word

Typically a significant developmental milestone in early childhood, marking the beginning of expressive language and verbal communication.

First Words

The initial stages of verbal language development in children, marked by the utterance of single words that convey simple concepts or desires.

Brightly Colored

Possessing vivid or intense hues; often used to describe objects or materials that attract attention through their coloration.