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In 1979, When the Consumer Price Index Was 72

Question 32

Multiple Choice

In 1979, when the consumer price index was 72.58, men earned a median income of $11,779 per year. If the consumer price index in 2015 was 236.99, how much was $11,779 in 2015 dollars?


A) $42,959
B) $3,607
C) $38,461
D) $11,779

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