Multiple Choice
Solve the problem.
-Suppose the current cost of gasoline is $3.28 per gallon. Find the current price index using the 1995 price as the reference value. In 1995, the cost of gasoline was 120.5 cents per gallon.
A) 36.7
B) 2.7
C) 272.2
D) 207.5
Correct Answer:
Verified
Correct Answer:
Verified
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