During the Past 5 Years There Has Been an Inflationary

question 62

Multiple Choice

During the past 5 years there has been an inflationary trend. Listed below is the average cost of a gallon of milk for each year. Assuming a linear relationship exists, and that the relationship continues unchanged through 1986, what would you predict for the average cost of a gallon of milk in 1986?

• A) $1.77
• B) $1.72
• C) $1.70
• D) $1.83

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