Multiple Choice
The price of a taco was $0.29 in 1970 and $1.09 in 2000. The CPI was 38.8 in 1970 and 172.2 in 2000. The 2000 price of a taco in 1970 dollars is:
A) $0.25.
B) $0.29.
C) $1.09.
D) $4.84.
Correct Answer:
Verified
Correct Answer:
Verified
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