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In 1995, When the Consumer Price Index Was 152

Question 8

Multiple Choice

In 1995, when the consumer price index was 152.38, women earned a median income of $12,130 per year. If the consumer price index in 2015 was 236.99, how much was $12,130 in 2015 dollars?


A) $18,865
B) $7,799
C) $12,130
D) $16,259

Correct Answer:

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