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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