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In 1972 in Kelowna, BC, One Could Buy Model Rocket

Question 167

Multiple Choice

In 1972 in Kelowna, BC, one could buy model rocket engines for $1.50. If those same engines cost $3.00 today, which set of CPIs represents the same purchasing power for the cost in 1972 and the cost today?


A) 60 in 1972 and 100 today
B) 60 in 1972 and 110 today
C) 60 in 1972 and 120 today
D) 60 in 1972 and 130 today

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