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In 2007, a U

Question 21

Multiple Choice

In 2007, a U.S. forever stamp cost $0.41. In 2019, a U.S. forever stamp cost $0.55. In January 2007, the consumer price index was 207.34. If in January 2019, the consumer price index was 251.1, what is the approximate price of the 2007 forever stamp in 2019 dollars?


A) $0.55
B) $0.41
C) $0.50
D) $0.96

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