Multiple Choice
A ham and cheese sandwich at the local cafe costs $4.99 in 2005. If the CPI in 2005 was 90.0 and the CPI today is 121.0, the equivalent price for the ham and cheese sandwich today is
A) $6.04.
B) $5.29.
C) $4.99.
D) $6.71.
E) $5.54.
Correct Answer:
Verified
Correct Answer:
Verified
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