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Suppose That the CPI Was 87

Question 31

Multiple Choice

Suppose that the CPI was 87.5% in 2000 and 132.2% in 2009. What is the value of $50 000 in 2009 in terms of 2000 dollars?


A) $66 100
B) 57 143
C) $43 750
D) $37 821
E) $33 094

Correct Answer:

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