A Part of the CPI Is Given Below Suppose a Week's Groceries in 1980 Cost $70

question 8

Multiple Choice

A part of the CPI is given below: $$\begin{array} { l | l | l | l | l | l } \text { Year } & 1975 & 1980 & 1985 & 1990 & 1995 \\\hline \text { CPI } & 53.8 & 82.4 & 107.6 & 130.7 & 152.4\end{array}$$ Suppose a week's groceries in 1980 cost $70. What would these groceries cost, to the nearest dollar, 10 years later?

• A) $38
• B) $44
• C) $111
• D) $129

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Definitions:

Disinfectants

Disinfectants are chemical agents used to eliminate or reduce harmful microorganisms on surfaces, in water, or in the air, to prevent infection and disease spread.

Hydrogen

A chemical element with the symbol H and atomic number 1, notable for being the lightest and most abundant element in the universe.

Oxygen

A chemical element with the symbol O and atomic number 8, essential for respiration in most terrestrial life forms and used in various industrial applications.

Capacity Constraint

A limit to the amount of goods or services that can be produced or provided due to physical or resource limitations.