If Mustard Now Costs $0

Multiple Choice

If mustard now costs $0.75 when today's price index is 225,and if the price index in 1970 was 38,we would most accurately say that

A) mustard cost about $4.44 in 1970.
B) if mustard cost $0.10 in 1970,it was relatively cheap as an inflation-adjusted price.
C) mustard cost about $0.20 in 1970.
D) mustard's price would never increase at the same rate as inflation because it is a food item.
E) ketchup would cost about $0.13 in 1970 because it typically costs about the same as mustard.