If the CPI Was 104 in 1967 and Is 390

question 116

Multiple Choice

If the CPI was 104 in 1967 and is 390 today,then $10 in 1967 purchased the same amount of goods and services as

• A)$2.67 purchases today.
• B)$37.50 purchases today.
• C)$39.00 purchases today.
• D)$104.00 purchases today.

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Definitions:

Clavicle

A bone located in the upper part of the chest (thoracic area) that serves as a strut between the shoulder blade and the sternum or breastbone; commonly known as the collarbone.

Humerus

The long bone in the upper arm that runs from the shoulder to the elbow.

Radius

A bone in the forearm that is located on the lateral side (thumb side) of the forearm, extending from the elbow to the wrist.

Carpals

The eight small bones that make up the wrist, connecting the hand to the forearm.