The CPI Was 96 in 1982, and the CPI Was

question 399

Multiple Choice

the CPI was 96 in 1982, and the CPI was 208 in 2010. How much money would you have needed in 2010 in order to buy what you could have bought with $500 in 1982?

• A)$492.35
• B)$1,083.33
• C)$1,124.24
• D)$1,351.92

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Definitions:

Carbon

A chemical element with symbol C, known for its ability to form a vast number of compounds, more than any other element, due to its four valence electrons.

Hydrogen Atoms

The simplest and most abundant atom in the universe, consisting of one proton and one electron.

Covalent Bond

A type of chemical bond where two atoms share one or more pairs of valence electrons to achieve stability.

Intermolecular

Relating to or occurring between molecules, such as forces that govern the interactions and phase changes of substances.